City Union Bank Limited

Resolutions Passed

Two resolutions were duly passed by the members of the Bank with requisite majority:

1. Special Resolution: Appointment of Shri. R Mohan (DIN 06902614) as an Independent Director on the Board of the Bank

2. Ordinary Resolution: Issue of Bonus Shares

E-Voting Process Details

The e-voting period remained open from 30th April 2026 (09:00 am) to 29th May 2026 (5:00 pm) through e-voting services provided by National Securities Depository Limited (NSDL).

The e-votes were unblocked on 29th May 2026 after the closing hour of 5:00 PM in the presence of two witnesses: Mr. K. Karthikeyan and Mr. G. Shyam Sundar, who are not in the employment of the company.

Voting Results

Resolution 1: Appointment of R Mohan as Independent Director
  • Total members who voted: 1,110
  • Total votes cast: 3,45,99,427
  • Votes in favor: 3,19,03,237 (92.76% of votes cast)
  • Votes against: 26,99,619 (7.24% of votes cast)
Resolution 2: Issue of Bonus Shares
  • Total votes cast: 3,72,99,784
  • Votes in favor: 3,62,20,582 (97.11% of votes cast)
  • Votes against: 10,78,595 (2.89% of votes cast)
  • Percentage of share capital represented: 50.19%

Category-wise Voting Breakdown for Bonus Issue

Public Institutions:
  • Shares held: 4,74,04,628
  • Votes cast: 3,14,53,910 (66.35% of shares held)
  • Votes in favor: 3,03,75,957 (96.57% of votes cast)
  • Votes against: 9,27,775 (3.24% of votes cast)
Non-Public Institutions:
  • Shares held: 2,69,04,442
  • Votes cast: 58,45,874 (21.72% of shares held)
  • Votes in favor: 58,44,625 (99.99% of votes cast)
  • Votes against: 64 (0.01% of votes cast)

Scrutinizer Report

KUVS & Associates Company Secretaries, with V. Sankar as Partner (CP No.: 26960, M. No. A7677), was appointed as scrutinizer to oversee the e-voting process. The scrutinizer confirmed the voting was conducted in a fair and transparent manner.

The downloaded e-voting records and connected papers remain in the scrutinizer's safe custody until the Chairman considers the report and announces the results on the bank's website (www.cityunionbank.bank.in), after which they will be handed over to the Company Secretary for safe keeping.