Canara Bank 24th AGM held; Rs 4.2 per share dividend; key director appointments approved

Board & Shareholder Meetings View source PDF

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AI summary

Canara Bank held its 24th AGM on June 23, 2026 via video conferencing, chaired by MD and CEO Brajesh Kumar Singh. Global business crossed Rs 28 lakh crore; net profit grew 12.11 percent year on year to Rs 19,187 crore. Dividend of Rs 4.2 per share (210 percent of face value) recommended for FY26. All 4 agenda items passed, including appointment of Sunil Kumar Chugh as Executive Director and Shalini Pandit as Government Nominee Director.

Likely market impact

Confirms strong FY26 results with double-digit profit growth and healthy dividend. Board appointments approved. Positive for shareholders.