City Union Bank has allotted 24,76,96,809 bonus equity shares of Re. 1 each, fully paid-up, to eligible shareholders. The allotment was approved by the Bonus Committee of the Board of Directors on June 15, 2026. The bonus issue was executed in the proportion of one new equity share for every three existing fully paid-up equity shares held by members.

The eligibility for the bonus issue was determined based on the Register of Members as on June 12, 2026, which served as the record date. The newly allotted bonus shares will rank pari passu in all respects with the existing fully paid-up equity shares of the bank as of the record date.

Trading of these bonus shares on the stock exchanges is scheduled to commence on June 16, 2026. The bank has communicated the allotment details to the National Stock Exchange of India Ltd. and BSE Ltd. for necessary record-keeping and dissemination.

Allotment Details

A notable block trade in city union bank was executed on the National Stock Exchange (NSE), involving approximately 1,453,843 shares at a price of ₹253.20 per share. The total value of the transaction stood at ₹36.81 crores, marking a significant single transaction in the stock.

Block Trade Details

Block trades typically involve the purchase or sale of a large number of shares in a single transaction and are often executed outside the open market to minimise price impact. The following table summarises the key details of this transaction:

Market Significance

The execution of a block trade of this size in City Union Bank reflects substantial institutional-level activity in the stock. Such transactions are closely monitored by market participants as they can indicate significant portfolio movements by large investors. The trade was conducted on the NSE at a per-share price of ₹253.20, with the aggregate deal value reaching ₹36.81 crores.