City Union Bank Limited has informed the Exchange about General Updates
CUB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
City Union Bank has allotted 22,328 equity shares to eligible employees who exercised their stock options under the CUB Employees Stock Option Scheme 2017 (Part B Series I). The shares were issued at Rs. 132.67 per share, inclusive of the face value of Re. 1. Following this allotment, the bank's paid-up capital has increased from Rs. 74,09,85,734 to Rs. 74,10,08,062. The decision was taken by the Compensation and Remuneration Committee (CRC) of the Board at its meeting held on May 2, 2025. The disclosure was made under Regulation 30 of the SEBI Listing Regulations, 2015.
Minor dilutionary impact due to a small ESOP allotment; the share count rose by 22,328 shares. The increase in paid-up capital is negligible relative to the bank's overall capital base, so this is a routine, non-material event for shareholders.