Central Bank of India (CENTRALBK) announced the execution of agreements on 27 June 2025, related to its 25.18% equity stake in Future Generali India Life Insurance Company Limited (FGI LICL). This follows an earlier intimation dated 5 June 2025.

• Shareholders Agreement (SHA): Executed between Central Bank of India, Generali Participations Netherlands N.V., and FGI LICL, this agreement records the roles and rights of shareholders, including the nomination of directors, first right to share subscription, and control over capital structure and day-to-day business of FGI LICL.
• Trademark Licence Agreement (TMLA): Executed between Central Bank of India and Generali Participations Netherlands N.V., the Bank has granted Generali a non-exclusive, revocable, non-transferable, non-assignable, licensable license for trademarks owned by the Bank. This agreement is valid for ten (10) years.
• Distribution Agreement (DA): Executed between Central Bank of India and FGI LICL, the Bank will act as a Corporate Agent for FGI LICL for soliciting and procuring life insurance policy business. This agreement is for a period of six (6) years, renewable for successive periods of three (3) years.

FGI LICL is an associate company of Central Bank of India. The Bank holds 25.18% equity stake, while Generali Group holds 74.00% in FGI LICL.