City Union Bank Limited (CUB) — Corporate Action

· NSE 🔴 High Importance Neutral
📢 Key Event
Appointment of Independent Director and approval of bonus issue via e-voting results
🔄 What Changed
Appointment of Shri R Mohan as Independent Director and bonus issue ratio of 1:1
💡 Investor Takeaway
Shareholders approved key governance and capital moves, signaling confidence in bank's leadership and capital strategy.

City Union Bank announced the results of e-voting for its annual general meeting held in May 2026, confirming the appointment of Shri R Mohan as an Independent Director and approving a bonus issue of fully paid bonus shares in the ratio of 1:1. The resolutions passed with overwhelming shareholder support, reflecting strong approval of governance and capital restructuring proposals.

📄 View Original Announcement (PDF)

About City Union Bank Limited (CUB)

Financial Services · Banks · Listed on NSE

Market Cap: ₹18,625.56 Cr P/E: 14.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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