Board Meeting23 Jun 2026, 06:30 pm
City Union Bank Sets AGM Aug 14, Dividend Record July 31, Plans ₹500 Cr QIP
AI Summary
City Union Bank Ltd has announced key dates for its upcoming Annual General Meeting (AGM) and dividend payout. The AGM is scheduled for August 14, 2026, with the record date for dividend payment set for July 31, 2026. The bank also plans to raise capital through a Qualified Institutional Placement (QIP) of ₹500 crore. This fundraise is intended to be presented to shareholders for approval as an enabling resolution at the AGM. The funds raised will support the bank's growth initiatives.
Key Highlights
- AGM date fixed for August 14, 2026.
- Dividend record date set for July 31, 2026.
- Bank plans to raise ₹500 crore via QIP.
- QIP approval to be sought at the AGM.
- Funds to support bank's growth.
Price Impact
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