City Union Bank Limited has scheduled its annual general meeting for August 14, 2026. The bank's board of directors approved the meeting date along with other business items at its meeting held on June 23, 2026 at the registered office in Kumbakonam. The AGM notice will include the proposals approved by the board.
City Union Bank declared a dividend of 200% for the financial year 2025-26, amounting to Rs 2 per equity share on a face value of Re 1 each. The record date for determining eligible shareholders has been fixed as July 31, 2026. The dividend will be paid to eligible members on or after August 14, 2026 within the statutory time prescribed under law.
The bank's board approved raising additional capital of up to Rs 500 crore, including premium, through the qualified institutional placement route. The capital will be raised through issuance of equity shares or other eligible securities, with proceeds supporting the bank's capital requirements. This proposal will be included as an enabling resolution in the notice convening the AGM and is subject to approval by shareholders.
City Union Bank Limited communicated these decisions to the National Stock Exchange and BSE in accordance with the SEBI Listing Obligations and Disclosure Requirements Regulations. The exchange filings were made after the conclusion of the board meeting on June 23, 2026. The bank is headquartered in Kumbakonam, Tamil Nadu, and is listed on NSE under the symbol CUB and on BSE under scrip code 532210.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.