CANBKNSECanara Bank· BanksLowNeutral
Announced Wed, 27 May · 18:30 IST

Canara Bank has informed the Exchange regarding Notice of Annual General Meeting to be held on Jun 23, 2026

Board & Shareholder Meetings View source PDF

CANBK · price

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Price reaction · full curve 14 horizons · vs prior close
-4.6%1-day move
₹134.30
prior close
₹134.96
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After-mkt
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AI summary

Canara Bank has convened its 24th Annual General Meeting scheduled for June 23, 2026 at 11:00 AM via video conferencing. The bank is seeking shareholder approval for adopting audited financial statements for FY 2025-26 ending March 31, 2026, and declaring a dividend of Rs. 4.20 per equity share (210% on face value of Rs. 2 each). The record date for dividend is June 12, 2026, with payment due within 30 days of declaration. Special business includes appointment approvals for Executive Director Shri Sunil Kumar Chugh (appointed from November 24, 2025 for three years) and Government Nominee Director Ms. Shalini Pandit (appointed from May 13, 2026). Remote e-voting opens June 19 and closes June 22, 2026. Additionally, 1,05,00,832 shares (approximately 1.05 crore) were transferred to IEPF in FY 2025-26 for unclaimed dividend spanning seven consecutive years.

Likely market impact

This is a routine AGM notice with no major surprises. Shareholders should vote on the proposed dividend and director appointments. The IEPF transfer of shares is a compliance requirement with negligible impact on current shareholders.