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Central Bank of India

DecreasedSAST
CENTRALBKPublic Sector BankMarket Cap₹27K Cr
Value
₹2,288 Cr
Shares
73,16,12,102
Price
₹31.27
Stake
89.27% → 81.19%
PR
President of tndia, Department of Financial Services, Ministry of Finance, Government of India
Promoter
The move

The President of India, Department of Financial Services, Ministry of Finance, Government of India sold 73,16,12,102 shares of Central Bank of India for ₹2287.75 Cr at ₹31.27 apiece, decreasing its stake from 89.27% to 81.19%. This was part of an Offer for Sale (OFS) to comply with SEBI's minimum public shareholding norms.

About Central Bank of India
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A public sector commercial bank providing comprehensive financial services including treasury operations, corporate and wholesale banking, retail banking, and related financial products across India. The bank manages government securities, money market operations, and foreign exchange transactions alongside its core lending and deposit activities. Central Bank serves individual customers, corporations, and institutional clients through its diversified banking operations and financial services network.

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Central Bank of India
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LICIncreased
LIC increased its stake in Central Bank of India from 3.16% to 6.44%, acquiring 296,754,081 shares and crossing the 5% disclosure threshold.
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ICICI Prudential Mutual FundNew position
ICICI Prudential Mutual Fund entered Central Bank of India with 18,28,46,520 shares, acquiring a 2.02% stake worth ₹579.03 Cr at ₹31.66 apiece.
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LICIncreased
LIC acquired 26.26 crore shares of Central Bank of India for ₹821.21 Cr at ₹31.27 apiece on May 22, increasing its stake from 3.15% to 6.05% and crossing the 5% disclosure threshold.
22 May 2026
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