City Union Bank Board Meeting on Capital Raising

City Union Bank Limited

Meeting Details

A meeting of the Board of Directors of the Bank is scheduled to be held on Tuesday, June 23, 2026, at Chennai.

Agenda Items

The Board will inter-alia transact the following businesses:

• Fix the date of the ensuing Annual General Meeting (AGM) and determine the agenda items to be included in the Notice calling the AGM.
• Consider agenda items to raise capital through any one or more of the methods prescribed under Regulation 29(1)(d) of the SEBI Listing Regulations 2015, as amended. This is subject to applicable laws, Rules and Regulations, including guidelines issued by SEBI and RBI. If approved by the Board, this agenda shall be included in the Notice for the ensuing AGM to seek shareholder approval via an enabling resolution.
• Fixation of Record date for Dividend.

Historical Context on Capital Raising

The disclosure notes that the Bank has been obtaining similar shareholder approvals for capital raising since FY 2009. The Bank last exercised this blanket approval in FY 2014-15, when it raised capital through a Qualified Institutions Placement (QIP) amounting to ₹350 crore.