CITY UNION BANK LTD.

City Union Bank has received a demand order under the Tamil Nadu Goods & Services Tax (TNGST) Act, 2017, from the Deputy Commissioner of State Tax, Tanjore. The order pertains to the Financial Year 2021-22 and demands a total of ₹208.91 crore, comprising ₹110.37 crore in tax and ₹98.52 crore in interest and penalty. This demand is a reduction from a previous order dated December 29, 2025, which had demanded ₹337.79 crore. The bank states that the demand is based on issues such as taxing exempt income and estimating taxable supplies incorrectly. City Union Bank believes the demand lacks legal sanctity and factual accuracy, and it intends to pursue appropriate legal remedies, expecting no material financial impact.

City Union Bank has announced that its Board of Directors will convene on October 28, 2026. The primary agenda item is to consider and approve the un-audited standalone financial results for the quarter and half-year ended September 30, 2026. These results will be subject to a limited review by the Joint Statutory Central Auditors. The trading window for securities will reopen on October 31, 2026.

City Union Bank Ltd announced the opening of a new branch on September 25, 2026, located at Zoho Corporation (Estancia IT Park Private Limited), Plot No.140 & 151, GST Road, Vallancherry, Guduvanchery Post - 603 202, Chengalpattu District. This expansion brings the bank's total branch network to 1002. The filing was made pursuant to Regulation 30 of SEBI Listing Regulations 2015.

City Union Bank Ltd has announced the closure of its trading window for designated persons and their immediate relatives, effective October 1, 2026. This closure will remain in effect until 48 hours after the declaration of the bank's standalone un-audited financial results for the quarter and half-year ending September 30, 2026. During this period, trading in the bank's equity shares by these individuals will be restricted, and their PANs will be marked for freezing in depositories. The exact date of the board meeting to approve these financial results will be communicated separately.

City Union Bank has received no objection from the Reserve Bank of India (RBI) on September 11, 2026, regarding proposed amendments to its Memorandum and Articles of Association (MOA & AOA). The key changes include an increase in authorized share capital to Rs. 200 crores, divided into 200 crore equity shares of Rs. 1 each. Additionally, Clause 4(i) of the Articles of Association has been amended to allow the bank to increase or reduce its authorized capital as per resolutions. These amendments are crucial for the bank's future capital management and strategic flexibility.

City Union Bank Ltd announced the opening of a new branch on August 24, 2026, located at No. 10 Old Natham Road, P & T Nagar, Madurai - 625017, Tamil Nadu. This expansion brings the bank's total branch network to 1001. The new branch is part of the bank's ongoing strategy to increase its physical presence and reach in key markets. The bank has also noted its administrative office is located at No.24-8, Gandhi Nagar, Kumbakonam - 612 001.

City Union Bank announced its standalone un-audited financial results for the quarter ended June 30, 2026. Profit After Tax (PAT) increased by 25% to ₹383 Cr from ₹306 Cr in Q1 FY26. Net Interest Income grew by 31% to ₹820 Cr. Deposits rose 21% to ₹79,342 Cr, and Advances increased by 25% to ₹67,645 Cr. Gross NPA reduced to 1.73% from 2.99% year-on-year. The bank also announced an earnings conference call for July 28, 2026.

City Union Bank Ltd announced that its Board of Directors has approved the Standalone Un-Audited Financial Results for the Quarter ended June 30, 2026 (Q1 FY27). The results were considered and approved during a Board meeting held on Tuesday, July 28, 2026. A copy of the financial results, along with the Limited Review Report from the Statutory Central Auditors, has been submitted and uploaded to the bank's website. An extract of the results will be published as per SEBI Listing Regulations.

City Union Bank Ltd has commenced dispatch of its Annual Report and AGM Notice for FY 2025-26 to members via electronic mode. The AGM is scheduled for August 14, 2026, to be held via Video Conferencing. Key agenda items include adopting the FY26 financial statements, declaring a 200% dividend (₹2 per share), and appointing M/s. P. B. Vijayaraghavan & Co. and M/s. M. Srinivasan & Associates as Joint Statutory Central Auditors for FY 2026-27. Remote e-voting facility will be available from August 10-13, 2026.

City Union Bank Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, along with a Reasonable Assurance Report. The report, prepared in accordance with SEBI guidelines, details the bank's commitment to sustainable development and value creation for stakeholders. It covers general disclosures, business activities accounting for 100% of turnover in banking services, and operational details including 975 locations nationwide. The bank emphasizes its role in facilitating exports through financial services, though it does not directly serve international markets.