Central Bank of India — Others, 19-07-2025: Shareholders meeting
19-07-2025 | 09:13 pm
19-07-2025 | 09:13 pm
Central Bank of India's 18th Annual General Meeting saw shareholders approve significant resolutions. Key approvals include the adoption of the audited standalone and consolidated financial results for FY2024-25 and the declaration of a dividend for the same period. Shareholders also gave their consent to raise equity capital up to ₹5000 Cr through various options like QIP, FPO, or Rights Issue, which could strengthen the bank's balance sheet and support future growth. Additionally, the appointment of new directors and a secretarial auditor for five years was approved, bolstering the bank's governance framework.
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