City Union Bank Limited has secured shareholder approval for the appointment of Shri R Mohan as an Independent Director and the issuance of bonus shares through a postal ballot process. The resolutions, which aimed to strengthen governance and reward investors, received overwhelming support during the e-voting period conducted from April 30, 2026, to May 29, 2026.

The e-voting process was managed by National Securities Depository Limited (NSDL), with results declared on May 31, 2026. V. Sankar, Partner at KUVS & Associates, Company Secretaries, acted as the scrutinizer to verify the voting outcomes. The proceedings were conducted in accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 110 of the Companies Act, 2013.

Voting Results Overview

The special resolution for the director's appointment and the ordinary resolution for the bonus issue were passed with the requisite majority. A total of 214,547 shareholders were eligible to participate, with 50.19% of the outstanding shares being polled.

Appointment of Independent Director

Shri R Mohan (DIN 06902614) has been appointed as an Independent Director on the Board of the Bank. The resolution was approved by 92.76% of the total votes polled. Public institutional shareholders, holding 474,046,286 shares, saw a 66.35% participation rate, while public non-institutional shareholders, holding 269,044,142 shares, recorded a 21.73% participation rate.

Approval for Bonus Shares

Shareholders also approved the issuance of bonus shares via an ordinary resolution, which received 97.11% approval from the votes polled. Promoters and the promoter group did not participate in the voting process for either resolution. The high approval levels underscore strong investor confidence in the bank's capitalization strategy.

City Union Bank Limited participated in the Trinity India 2026 – 16th Annual Global Investor Conference on May 29, 2026, in Mumbai. The event was organized by 360 One Capital Market Private Limited, providing a platform for the bank's management to engage with investors and analysts regarding its performance and outlook.

Conference Details

The table below summarizes the key information regarding the event:

The bank confirmed that the schedule for the analyst conference call was available on its official website. This disclosure was submitted to the National Stock Exchange of India Ltd. and BSE Ltd. in compliance with Regulation 30 read with Para A Part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.