Central Bank of India Poppy Sharma steps down
Central Bank of India (CENTRALBK) said Poppy Sharma has ceased; and Poppy Sharma Sub has retired. The company is valued at about ₹26,005 crore.
What happened
In a filing with the NSE on 31 October 2026 at 05:54 PM, Central Bank of India (CENTRALBK) said that Poppy Sharma has ceased; and Poppy Sharma Sub has retired.
Company snapshot
Central Bank of India is a small-cap company in the Financial Services sector, with a market value of about ₹26,005 crore.
The stock last traded at ₹28.73, against a 52-week range of ₹28.26–₹40.92 (29.8% below the high).
Before this filing the shares had moved −2.7% over the month and −5.7% over three months. Average daily turnover over the last 20 sessions was about ₹16.8 crore.
Promoters held 81.19% at the end of Q2 FY27. Foreign institutions owned 1.29% and domestic institutions 10.62%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 10,284 | 1,231.8 | 1.36 |
| Q3 FY26 | 11,007 | 1,264.3 | 1.4 |
| Q4 FY26 | 10,859 | 745.7 | 0.82 |
| Q1 FY27 | 10,714 | 1,323.1 | 1.46 |
| Q2 FY27 | 11,774 | 1,486 | 1.64 |
What history shows
This is not the company's first management change disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.4% on average the next trading day and was down 0.3% on average after five days (9 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved −0.3% on average the next day and −1.0% over five days; 48% of them rose the next day.
Market-wide, 4,075 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 3 Oct 2026 | Change in Portfolio of Senior Management of the Bank | +0.6% | +0.2% |
| 23 Sept 2026 | Extension of Tenure of Shri Mahendra Dohare, Executive Director of… | −1.4% | −5.2% |
| 4 Sept 2026 | Management change | +0.6% | −0.1% |
| 29 Aug 2026 | Management change | −0.8% | +1.4% |
| 1 Aug 2026 | Management change | +0.8% | +0.2% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Central Bank of India RTGS Glitch: One Loss, Three Versions
- Central Bank of India alleges hackers siphoned off Rs 13.97 crore through financial messaging system
- Central Bank of India reports technical glitch in RTGS outward system
- Central Bank of India Says Unknown Persons Siphoned Rs 13.97 Crore From Its Settlement Account With RBI
- Central Bank of India Q2 2026-27 slides: advances surge 30%, NPAs fall
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.