Karur Vysya Bank Ltd has informed BSE regarding "Disclosure under Regulation 44 of SEBI (Listing Obligations and<BR>Disclosure Requirements) Regulations, 2015 - Voting Results of 106th ....
KARURVYSYA · price
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Karur Vysya Bank held its 106th AGM on August 21, 2025, through video conferencing, with all 10 resolutions approved by shareholders. Key approvals include the adoption of FY25 audited financial statements (99.85% in favour), a dividend of Rs. 2.60 per equity share for FY25 (99.99% in favour), and the issue of bonus shares (97.14% in favour). Shareholders also approved the Karur Vysya Bank Employee Stock Option Scheme 2025 (87.70% in favour), an increase in authorised share capital (99.92% in favour), and the re-appointment of director R Ramkumar (96.82% in favour). A total of 2,65,628 shareholders were on record as of the August 14, 2025 cut-off date, with around 55% of outstanding shares voting.
The bonus share issue, dividend declaration, and ESOP 2025 are shareholder-friendly moves that may support investor sentiment. The strong approval margins on core resolutions signal broad shareholder confidence, while the relatively lower votes in favour on the auditor re-appointment (86%) and ESOP (87.7%) show some institutional dissent worth noting.