City Union Bank has issued a postal ballot notice seeking shareholder approval for the issuance of bonus shares at a ratio of 1:3 and the appointment of an Independent Director. The bank's Board recommended the bonus share issue at its meeting held on April 27, 2026, subject to shareholder approval through remote e-voting.

Bonus Share Details

The proposed bonus share structure will provide shareholders with additional equity based on their existing holdings. Under the 1:3 ratio, investors will receive one bonus share for every three shares currently held in their portfolio. The bonus shares will be issued by capitalizing approximately Rs. 24,76,96,810 from the Securities Premium Account, as per the audited accounts for the financial year ended March 31, 2026.

The present authorized share capital of the Bank is Rs.100 crores out of which share capital of Rs.74,30,90,428 is paid up. As on March 31, 2026, the Securities Premium Account stood at Rs. 9,40,36,87,214.33 crores. The bonus shares will be allotted in dematerialised form only and shall rank pari-passu in all respects with the fully-paid up equity shares of the Bank as existing on the record date.

Independent Director Appointment

The postal ballot also seeks approval for the appointment of Shri R Mohan (DIN 06902614) as an Independent Director on the Board. He was co-opted as an Additional Director on April 27, 2026, and his appointment is proposed for the period from April 27, 2026 up to May 15, 2030. Shri Mohan brings extensive banking experience, having served the bank from 1975 in various capacities including General Manager-Credit and Chief General Manager. He holds 75,000 Equity Shares (0.010094%) as on April 27, 2026.

E-Voting Schedule and Process

Members of the Bank holding shares as on the cut-off date of April 24, 2026, are eligible to cast their vote through remote e-voting. The voting period commences on April 30, 2026 at 9:00 a.m. IST and concludes on May 29, 2026 at 5:00 p.m. IST. M/s. KUVS & Associates, Practicing Company Secretaries, Tiruchirappalli, will act as Scrutinizers for this process.

The results of the postal ballot shall be announced on or before June 2, 2026. Resolutions passed with requisite majority shall be deemed to have been passed on the last date of e-voting, May 29, 2026, at a general meeting. The e-voting facility is provided through National Securities Depository Limited (NSDL).

City Union Bank has officially hosted the audio recording of its Q4 & FY 2026 earnings call on its website, fulfilling regulatory compliance requirements under SEBI regulations. The bank communicated this development through regulatory filings to stock exchanges on April 28, 2026, following the earnings call conducted on April 27, 2026.

Audio Recording Hosting and Compliance

Pursuant to Regulation 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the bank has made available the audio recording of its earnings call in connection with the standalone audited financial results for the quarter and year ended March 31, 2026. The results were declared on April 27, 2026.

Earnings Call Participation Details

The earnings call was organized by Ambit Capital and featured comprehensive participation from the bank's senior management team. The management team provided detailed insights into the bank's quarterly and annual financial performance during the analyst conference call.

Regulatory Communication and Stock Exchange Filing

The formal communication was addressed to both National Stock Exchange of India Ltd. and BSE Ltd., ensuring compliance with regulatory requirements. The communication was digitally signed by Venkataramanan S, Company Secretary and Compliance Officer of City Union Bank Limited, maintaining proper regulatory adherence.

Corporate Information and Accessibility

City Union Bank Limited operates under CIN L65110TN1904PLC001287 with its registered office located at 149, T.S.R. (Big) Street, Kumbakonam - 612 001, Thanjavur District, Tamil Nadu. The bank maintains official communication channels through shares@cityunionbank.com and its website www.cityunionbank.bank.in , ensuring transparency and accessibility for stakeholders and investors seeking access to financial information and earnings call recordings.