City Union Bank seeks shareholder approval via postal ballot for two resolutions: appointment of R Mohan as Independent Director and a 1:3 bonus share issue.
The remote e-voting period runs from April 30 to May 29, 2026, with results to be announced by June 2, 2026.
The bonus issue proposes capitalizing ₹24.77 crore from securities premium to issue 24.77 crore new shares.
Shri R Mohan, a former bank executive, was co-opted to the board on April 27, 2026, for a term until May 15, 2030.