Announced Mon, 20 Jul · 20:49 IST
AGM Notice: Rs 2 Dividend, Capital Hike and QIP Plan of Rs 500 Crore
Board & Shareholder Meetings View source PDF
CUB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹225.11
prior close
₹224.91
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+1.6+1.4+0.5-0.7-2.3-1.9-1.9——————
Up moveDown movePending
AI summary
City Union Bank will hold its AGM on August 14, 2026 via video conferencing. Key resolutions: 200 percent dividend (Rs 2 per share on Rs 1 face value) with record date July 31; re-appointment of Joint Statutory Auditors for FY26-27 at Rs 124 lakhs fee; doubling authorized share capital from Rs 100 crore to Rs 200 crore; and enabling QIP equity raise up to Rs 500 crore. Bank net worth at FY25-26 end was Rs 10,458 crore.
Likely market impact
Positive dividend for shareholders. QIP and capital raise resolutions could lead to equity dilution if executed in future.