StockWatch
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Private Sector Bank
AGM/EGM23 Sept 2026, 06:51 pm

Karnataka Bank's 102nd AGM: Shareholders Approve All Seven Resolutions

AI Summary

Karnataka Bank Limited held its 102nd Annual General Meeting (AGM) on September 22, 2026, virtually from Mangaluru. Presided over by Chairman Pradeep Kumar P, the meeting saw shareholders approve all seven resolutions. Key approvals included the re-appointment of a director, the appointment of an Executive Director and two Independent Directors, and the appointment of joint statutory auditors. Shareholders also approved a final dividend of ₹5.00 per equity share for FY 2025-26, along with the audited financial statements and director/auditor reports.

Key Highlights

  • All seven resolutions approved at the 102nd AGM.
  • Shareholders approved final dividend of ₹5.00 per equity share.
  • Key director appointments and auditor re-appointment confirmed.
  • Audited financial statements for FY 2025-26 approved.