Disclosure Under Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
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Central Bank of India has filed a disclosure under SEBI's Insider Trading Regulations. The filing pertains to Form B disclosures received from promoters of the bank regarding sale of equity shares. This is a mandatory disclosure when promoters sell shares. The exact number of shares sold was not clearly visible in the document. The filing was made by Company Secretary Chandrakant Bhagwat and dated May 26, 2026.
Promoter selling of shares typically signals a bearish sentiment from insiders. While the exact quantity is unclear, any significant promoter stake sale warrants monitoring as it could indicate promoter intent to dilute their holding in the bank.