Canara Bank 24th AGM: 4 resolutions passed, dividend of Rs 4.2/share approved

Board & Shareholder Meetings View source PDF

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AI summary

Canara Bank's 24th AGM was held on June 23, 2026 via video conferencing. All 4 ordinary resolutions passed with requisite majority: (1) adoption of FY26 standalone and consolidated audited accounts (99.08% in favour), (2) dividend of Rs 4.2 per share at 210% of face value for FY26 (99.26% in favour), (3) appointment of Shri Sunil Kumar Chugh as Executive Director (89.65% in favour), and (4) appointment of Ms Shalini Pandit as Government Nominee Director (89.32% in favour). Bank reported FY26 net profit of Rs 19,187 Cr, up 12.11% YoY. Around 84 shareholders attended.

Likely market impact

Routine AGM with comfortable approval for all items. Dividend of Rs 4.2 per share confirmed. FY26 net profit grew 12% to Rs 19,187 Cr.