Karnataka Bank has fixed Tuesday, September 15, 2026, as the record date for the payment of dividends. Shareholders whose names appear in the bank’s register or depository statements at the close of business on this date will be eligible for the payout.

The disclosure was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank informed both the National Stock Exchange of India Limited and BSE Limited regarding the fixation of the date.

Annual General Meeting Details

The 102nd Annual General Meeting of the members is scheduled for Tuesday, September 22, 2026, at 11:00 am. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means in compliance with guidelines from the Ministry of Corporate Affairs and SEBI.

Payment Timeline

Dividend payment is subject to shareholder approval at the AGM. If approved, the bank will effect payments on or after Tuesday, September 29, 2026. Eligibility is determined strictly by the register of members as of the close of business on September 15, 2026.

Karnataka Bank launched the Capital Gains Account Scheme on August 28, 2026, providing customers with a compliant avenue for tax planning on capital gains.

The scheme assists taxpayers who have earned capital gains from eligible assets but cannot complete prescribed reinvestments within the stipulated timeframe. By depositing funds into the designated account, holders can avail of tax deferral benefits under the Income-tax Act.

About the Capital Gains Account Scheme

Karnataka Bank is among the authorized banks permitted to offer the scheme. The initiative aligns with the government's decision to expand CGAS availability through additional banking partners, improving accessibility for taxpayers across the country.

Customers can open two types of accounts under the scheme:

• Capital Gains Account-A: A savings deposit account offering flexible deposits and withdrawals.
• Capital Gains Account-B: A term deposit account designed for longer-term parking of funds.

These accounts support eligible reinvestments, including the purchase or construction of residential property and other qualifying investments as permitted by tax regulations.

Key highlights

Sri. Raghavendra S Bhat, Managing Director & CEO, stated that the launch reflects the bank's focus on providing convenient and compliant solutions for effective tax planning and investment decisions.

Customers may visit their nearest Karnataka Bank branch for details on account opening procedures, documentation requirements, and applicable terms.