KARURVYSYANSEKarur Vysya Bank Limited· BanksHighPositive
Announced Thu, 24 Jul · 14:48 IST

Karur Vysya Bank Limited has informed the Exchange that the Board of Directors at its meeting held on July 24, 2025, have considered and approved bonus at the ratio of 1 : 5, i.e 1 Equity Shares for every 5 Equity Shares held.

Corporate Actions View source PDF

KARURVYSYA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Karur Vysya Bank's board, meeting on July 24, 2025, approved a bonus issue of 1 equity share for every 5 shares held (1:5 ratio), with a face value of Rs. 2 per share. Approximately 16.12 crore bonus shares will be issued, amounting to about Rs. 32.24 crores, to be sourced from the Securities Premium Account (which had Rs. 2,089.98 crores as of June 30, 2025). The record date is set for August 26, 2025, and bonus shares are expected to be credited by September 23, 2025, subject to shareholder approval at the upcoming AGM. Alongside, the bank reported Q1 FY26 standalone net profit of Rs. 521.45 crores (up from Rs. 513.36 crores in Q1 FY25), with EPS of Rs. 6.48, Gross NPA at 1.47%, Net NPA at 0.19%, and Capital Adequacy Ratio (Basel III) of 17.36%.

Likely market impact

The bonus issue rewards existing shareholders by increasing their share count without additional cost, though it does not change the overall value of their holdings. Combined with steady profit growth and improved asset quality metrics, this signals shareholder-friendly capital management and could support positive sentiment around the stock.