City Union Bank has closed its trading window for designated persons and their immediate relatives effective July 1, 2026. The window will remain shut until 48 hours after the declaration of the bank's standalone unaudited financial results for the quarter ended June 30, 2026. This measure is intended to prevent insider trading in line with regulatory requirements.

The closure is pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the bank's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons. The bank stated that the date of the board meeting to approve the financial results will be intimated to the exchanges in due course.

Regulatory Compliance and PAN Freezing

In accordance with SEBI Circular No. SEBI/HO/ISD/ISD-PoD-2/P/CIR/2025/55 dated April 21, 2025, and SEBI Circular No. SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 dated July 19, 2023, the Permanent Account Number (PAN) of designated persons and their immediate relatives will be marked for freezing. This action will be taken at the depositories at the security level against the ISIN of the bank's equity shares.

Consequently, all connected persons, designated persons, and their immediate relatives are prohibited from trading in the securities of the bank during the trading window closure period. The bank has requested the exchanges to take note of the closure and disseminate the information to all concerned parties.

City Union Bank has scheduled a meeting of its Board of Directors on Tuesday, June 23, 2026, at Chennai to discuss the Annual General Meeting (AGM) date, fund raising plans, and the dividend record date. The meeting will address key corporate actions, including the agenda for the ensuing AGM and capital raising strategies under SEBI regulations.

The Board will consider raising capital through one or more methods prescribed under Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Any approved proposal will be included in the AGM notice to seek shareholder approval via an enabling resolution. The Bank has historically secured such approvals from shareholders since FY 2009, last utilizing a blanket approval in FY 2014-15 to raise ₹350 crore through a Qualified Institutional Placement (QIP).

Additionally, the directors will finalize the date for the upcoming AGM and determine the record date for dividend payment. These decisions are subject to applicable laws, rules, and regulations, including guidelines issued by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI).

The regulatory filing was made in reference to Regulation 29(1)(d) of the SEBI Listing Regulations 2015. Venkataramanan S, Company Secretary & Compliance Officer, signed the disclosure on behalf of City Union Bank Limited.