City Union Bank Limited
Key Decisions and Announcements
1. Annual General Meeting (AGM): The Board approved Friday, August 14, 2026, as the date for the ensuing Annual General Meeting of the Bank.
2. Dividend Declaration:
- The Board approved a dividend of 200% for the financial year 2025-26 (FY2026).
- This translates to ₹2 per equity share on a face value of Re. 1/- each.
- The Record Date for determining shareholder eligibility for the dividend has been fixed as July 14, 2026.
- There will be no book closure; eligibility is based solely on the record date.
- The dividend will be paid to eligible members on or after August 14, 2026, within the statutory time period.
3. Fundraising Plan:
- The Board approved a proposal to raise further capital through a Qualified Institutions Placement (QIP).
- The total issue size is ₹500 crore (including premium).
- This proposal is for inclusion as an enabling resolution in the notice for the ensuing Annual General Meeting to seek approval from the shareholders.