City Union Bank Allots 43,166 Equity Shares to MD & CEO Under Employee Stock Option Scheme

City Union Bank has announced the allotment of 43,166 equity shares to its Managing Director and CEO Dr. N Kamakodi under the Employee Stock Option Scheme. The allotment was approved by the Nomination and Remuneration Committee of the Board of Directors at its meeting held on April 11, 2026.

Stock Option Exercise Details

The shares were allotted pursuant to the exercise of stock options by Dr. N Kamakodi under the CUB Employees Stock Option Scheme 2017 Part B. The allotment comprises shares from two different series with varying issue prices.

Series	No. of Shares	Issue Price (including F.V. @ Re. 1/-)
ESOS 2017 Part B Series II	22,328	131.67
ESOS 2017 Part B Series III	20,838	154.76
Total	43,166	---

Impact on Share Capital

Following this allotment, City Union Bank's paid-up capital has increased from Rs. 74,30,47,262 to Rs. 74,30,90,428. This represents the direct impact of the stock option exercise on the bank's equity base.

Regulatory Compliance

The bank has informed the stock exchanges about this allotment under Regulation 30 of SEBI Listing Regulations, 2015 (as amended). The intimation was sent to both the National Stock Exchange of India Ltd. and BSE Ltd. on April 11, 2026, ensuring compliance with disclosure requirements for material events.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.99%	+3.73%	-0.77%	+16.12%	+49.40%	+56.30%

City Union Bank Limited has announced the opening of its new branch at West Mambalam in Chennai on April 10, 2026. This expansion brings the bank's total branch network to 950 branches across the country, marking a significant milestone in its growth trajectory.

Branch Details and Location

The new West Mambalam branch has been strategically positioned in Chennai's bustling commercial area. The branch details are as follows:

Parameter:	Details
Branch Name:	West Mambalam
Branch Number:	950
CBS Code:	00955
Address:	Door No. 18 & 22, Station Road, West Mambalam, Chennai – 600 033
Opening Date:	April 10, 2026

Regulatory Compliance and Notification

The bank has formally notified both the National Stock Exchange of India Limited and BSE Limited about this branch opening in compliance with Regulation 30 of SEBI Listing Regulations 2015. The notification was signed by Venkataramanan S, Company Secretary and Compliance Officer of City Union Bank Limited.

Network Expansion Milestone

With the opening of the West Mambalam branch, City Union Bank has reached the significant milestone of operating 950 branches nationwide. This expansion demonstrates the bank's commitment to enhancing its physical presence and accessibility for customers in key urban markets.

The new branch is expected to serve the banking needs of residents and businesses in the West Mambalam area, which is a well-connected locality in Chennai with good transportation links and commercial activity.