{"url":"https://newsforagent.com/news/2026-10-31/central-bank-india-poppy-sharma-superannuation","markdown_url":"https://newsforagent.com/news/2026-10-31/central-bank-india-poppy-sharma-superannuation.md","title":"Central Bank of India Customer Care Chief Poppy Sharma Retires","headline":"Central Bank of India Says Customer Care Chief General Manager Poppy Sharma Ceases as SMP on Superannuation","description":"Poppy Sharma, Chief General Manager of Customer Care at Central Bank of India, ceased to be Senior Management Personnel on October 31, 2026.","section":"Leadership","published_at":"2026-10-31T15:00:31+00:00","modified_at":"2026-10-31T15:00:31+00:00","author":"News Desk","key_takeaways":["Poppy Sharma ceased to be Senior Management Personnel of Central Bank of India after superannuation at the close of business on October 31, 2026.","Chandrakant C Bhagwat, Company Secretary and Compliance Officer, issued the disclosure to the National Stock Exchange and BSE Limited.","The filing cites Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015."],"companies":[{"name":"Central Bank of India","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00068in/central-bank-of-india","website":"https://www.centralbankofindia.co.in/site/indexcbi.aspx"}],"source":{"publisher":"ScanX","title":"Central Bank of India reports Poppy Sharma cessation as SMP","url":"https://scanx.trade/stock-market-news/companies/central-bank-india-reports-poppy-sharma-cessation-smp/55003649"},"other_sources":[],"tags":["Leadership","Central Bank of India"],"body_markdown":"Poppy Sharma, Chief General Manager of the Customer Care Department at [Central Bank of India](https://akta.pro/company-profiles/00068in/central-bank-of-india), ceased to be Senior Management Personnel on October 31, 2026, following her superannuation from bank services. [ScanX](https://scanx.trade/stock-market-news/companies/central-bank-india-reports-poppy-sharma-cessation-smp/55003649) reported the bank's disclosure to the National Stock Exchange and BSE Limited.\n\n## Sharma's Exit and the Bank's Exchange Filing\n\nSharma's departure took effect after the closure of business hours on October 31, 2026, according to the filing. The bank submitted the disclosure to both exchanges to meet requirements on changes in management personnel.\n\nChandrakant C Bhagwat, Company Secretary and Compliance Officer, issued the communication on October 31, 2026. The filing cites Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.\n\nThe disclosure records Sharma's status as Chief General Manager of the Customer Care Department and lists superannuation as the reason for the change. The filing describes the transition as administrative, with the exit tied to the mandatory retirement age.\n\n## Central Bank of India's Recent Capital and Business Moves\n\nCentral Bank of India's shareholders approved a special resolution in June 2026 authorizing the bank to raise equity capital of up to ₹7,000 crore through a Qualified Institutional Placement, Follow-on Public Offer or Rights Issue, according to akta.pro [company records](https://akta.pro/company-data). The same records show the Indian government divested an 8% stake in the bank in May 2026 through an Offer for Sale at Rs 31 per share, generating approximately Rs 2,456 crore and reducing its holding from 89.27% to 81.27%.\n\nThe records also list the bank's International Financial Services Centre Banking Unit at GIFT City in Gujarat, opened in June 2026 to serve corporate clients' foreign currency funding needs. The bank operates 4,585 branches across India, serving retail, agricultural, MSME and corporate customers.\n\n## Investor Meetings and System Glitches Before the Filing\n\nCentral Bank of India held a virtual one-on-one investor meet with Tata Mutual Fund on October 26, 2026, covering only public-domain information, ScanX reported. The bank resumed RTGS transactions on October 25, stating no customer accounts were affected by a technical glitch, BusinessLine reported.\n\nOn October 24, 2026, the bank reported 187 unauthorised transfers of Rs 13.97 crore from its settlement account with the RBI, prompting an FIR against unknown persons, NDTV Profit reported.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}