Nature of Event

Regulatory disclosure regarding the allotment of bonus equity shares to eligible shareholders.

Key Quantitative Figures

  • Number of bonus equity shares allotted: 24,76,96,809
  • Face value of each share: Re. 1/- each
  • Bonus ratio: One (1) equity share for every Three (3) existing fully paid-up equity shares

Capital Structure Impact

  • The bonus equity shares shall rank pari passu in all respects with the fully paid-up equity shares of the Bank as existing on the Record Date.
  • No change in face value or other rights compared to existing shares.

Parties Involved

  • Bonus Committee of the Board of Directors of City Union Bank Limited (approval authority)
  • Venkataramanan S, Company Secretary & Compliance Officer (signatory)