Dividend23 Jun 2026, 06:50 pm
City Union Bank Sets Record Date for Dividend
AI Summary
City Union Bank Ltd has announced the fixation of the record date for dividend payment as July 31, 2026. The bank's Board of Directors, in a meeting held on June 23, 2026, also approved the date for the ensuing Annual General Meeting (AGM) as August 14, 2026. Additionally, the board considered and approved raising further capital up to ₹500 crore through the Qualified Institutional Placement (QIP) route, which will be included in the notice for the AGM for member approval.
Key Highlights
- Record date for dividend payment fixed as July 31, 2026.
- Annual General Meeting scheduled for August 14, 2026.
- Board approved raising ₹500 crore via QIP route.
- Dividend to be paid on or after August 14, 2026.
Price Impact
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