Central Bank of India Acquisition

Management Change

Central Bank of India Management Change

Central Bank of India reported that Ms. Poppy Sharma, Chief General Manager, ceases to be a Senior Management Personnel after superannuation on 31 October 2026. This is a senior management departure.

Adverse Business Impact

Central Bank of India Adverse Business Impact

Central Bank of India reported a technical glitch in its RTGS outward system between October 15-17, 2026. The bank confirmed no customer suffered financial losses.

Earnings Call

Central Bank of India Earnings Call Transcript: Key Takeaways

Central Bank of India delivered strong growth across RAM segments, significantly exceeding its own annual business and advances guidance.

Results Update

Central Bank of India Results Update

Central Bank of India reported a 21.10% YoY increase in net profit to ₹1,469 crore for Q2 FY27. Total global business grew 20.54% to ₹8,89,541 crore.

Value

₹1,469 Cr

total branches

4622.0 branches

Financial Results

Central Bank of India Q2 FY27 Results: Net Profit ₹1,486 Cr, Up 20.6% YoY

Central Bank of India reported revenue from operations of ₹10,394 Cr (+18.4% YoY) and net profit of ₹1,486 Cr (+20.6% YoY) for Q2 FY27.

Key figure

Net profit ₹1,486 Cr · +20.6% YoY

Other Announcement

Central Bank of India Other Announcement

Central Bank of India submitted its quarterly shareholding pattern under Regulation 31(1)(b). The bank also requested a two-year extension to meet minimum public shareholding requirements.

AcquisitionGP Petroleums Ltd GULFPETRO

GP Petroleums Acquisition Worth ₹44.27 Cr

GP Petroleums signed a share purchase agreement for a 22.45% stake in Incubit Pipavav Terminal, up to Rs.44.27 Crore. Payment is spread over one year in tranches.

Value

₹44.27 Cr

Execution

One year, payable in one or more tranches

AcquisitionCupid Ltd CUPID

Cupid Acquisition Worth ₹137.9 Cr

Cupid Limited will acquire Baazar Style Retail Ltd for Rs. 137.87 Crore in cash, paid on exercise of warrant conversion into equity shares. The deal gives Cupid a retail channel to scale its FMCG portfolio.

Value

₹137.9 Cr

Execution

As per timelines under SEBI (ICDR) Regulations, 2018

AcquisitionEIH Associated Hotels Ltd EIHAHOTELS

EIH Associated Hotels Acquisition Worth ₹0.46 Cr

EIH Associated Hotels will invest up to 26% in solar SPV Avaada Indsolar for up to Rs 0.46 crore. It secures renewable power for its hotels.

Value

₹0.46 Cr

Execution

Completion by March 2027

solar capacity

1.0 MWac

AcquisitionAlivus Life Sciences Ltd ALIVUS

Alivus Life Sciences Acquisition

Alivus Life Sciences signed a Shareholders' Agreement with IQGEN-X Pharma and its continuing shareholders. It governs inter se rights after the company's 76% IQGEN-X stake purchase.

AcquisitionWarren Tea Ltd WARRENTEA

Warren Tea Acquisition

Warren Tea Limited disclosed that NCLT Kolkata sanctioned its amalgamation with Maple Hotels & Resorts Limited on 5 November 2026. The scheme takes effect once the certified order is filed with the Registrar of Companies.

AcquisitionMatrimony.com Ltd MATRIMONY

Matrimony.com Acquisition Worth ₹8 Cr

Matrimony.com will acquire 50% additional control of Astro-Vision Futuretech for Rs 8 Crore cash. The deal, tranched over three months, raises its stake to about 76%.

Value

₹8.00 Cr

Execution

3 months