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Central Bank of India informs about disclosure

31 Mar 2026 Evaluate
Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Central Bank of India has informed that Bank has received the following notice from Income-tax Department: An assessment order under Section 143(3) read with Section 144B of Income Tax Act, 1961 dated 28.03.2026 from Assessment Unit, Income Tax Department along with a demand advising the Bank to pay an amount of Rs. 296.08 Crores being demand for tax liability for the Assessment Year 2024-25. The Bank is in the process of challenging the said aforesaid orders in the appropriate forum against disallowances/additions made in the said order within the prescribed guidelines. The requisite disclosure as required under Industry Standards Note on Regulation 30 of the SEBI (LODR) Regulations, 2015 is given in enclosed Form A. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 984.50
PNB 116.80
Bank Of Baroda 232.40
Canara Bank 123.90
Union Bank Of India 177.45
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