Central Bank of India has informed the Exchange regarding Cessation of Mr PRIAVRAT SHARMA as Non- Executive Independent Director of the company w.e.f. May 07, 2026.
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Central Bank of India has announced that Shri Priavrat Sharma has ceased to be a Non-Executive Independent Director of the bank effective close of business hours on 7th May, 2026. The cessation is due to the completion of his tenure, not due to resignation or any governance concern. The bank has informed the stock exchanges under SEBI (LODR) Regulations, 2015 (Regulation 30 and 51). The company secretary Chandrakant Bhagwat signed the intimation. This appears to be a routine expiry of term as independent directors in banks typically have fixed tenures.
No material negative impact expected. This is a normal tenure completion for an independent director in a public sector bank, and a standard regulatory filing. No immediate governance concerns or shareholder risk.