Karur Vysya Bank fixes July 24 record date for ₹2.60 dividend
Karur Vysya Bank has fixed July 24, 2026, as the record date for a ₹2.60 per equity share dividend for the financial year ended March 31, 2026, pending shareholder approval. The 107th AGM is scheduled for August 05, 2026, via video conferencing. The Bank will discontinue physical dividend warrants, mandating electronic payments, and requires TDS exemption forms by July 24, 2026.

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karur vysya bank has fixed July 24, 2026, as the record date to determine members eligible for a dividend of ₹2.60 per equity share for the financial year ended March 31, 2026. The Board of Directors recommended this dividend at its meeting held on May 07, 2026, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The dividend is declared on equity shares with a face value of ₹2 each.
The Bank will hold its 107th AGM on August 05, 2026, at 11:00 A.M. IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM). This mode of meeting complies with the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) circulars permitting virtual meetings. Consequently, there is no requirement to send physical copies of the Annual Report; the Notice of the AGM and the Integrated Annual Report for FY26 will be sent via email to members with registered addresses and made available on the Bank’s website and stock exchange portals.
In compliance with recent amendments to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Bank will discontinue the issuance of physical dividend warrants. All future dividend payments will be made only through electronic modes approved by the Reserve Bank of India. Shareholders who have not registered or updated their bank account details with their Depository Participant or the Registrar and Share Transfer Agent will not receive dividends until the details are updated.
The Bank has provided remote e-voting and e-voting facilities during the AGM for shareholders to cast their votes on resolutions. Members attending via VC/OAVM will be reckoned for quorum under Section 103 of the Companies Act, 2013. For shareholders without registered email addresses, a letter containing the weblink to the Annual Report will be sent in compliance with Regulation 36 of SEBI LODR.
Regarding Tax Deducted at Source (TDS), the Bank will deduct tax on dividend payments as per the Income Tax Act, 2025. Shareholders eligible for TDS exemption or lower deduction must submit Form 121 or relevant acknowledgements by July 24, 2026. These documents can be submitted online via the Bank’s website, emailed from a registered ID, or mailed to the Registered Office.
Key AGM and Dividend Details
| Event | Details |
|---|---|
| AGM Date | August 05, 2026 |
| AGM Time | 11:00 A.M. IST |
| Dividend | ₹2.60 per equity share |
| Face Value | ₹2 per share |
| Record Date | July 24, 2026 |
| Financial Year | 2025-26 |
| TDS Submission Deadline | July 24, 2026 |
Historical Stock Returns for Karur Vysya Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.87% | -1.51% | +3.54% | +13.12% | +33.13% | +601.36% |
How will the shift to fully electronic dividend payments impact shareholder engagement and dividend recovery rates?
What strategic initiatives or growth targets does Karur Vysya Bank plan to highlight during the FY26 AGM?
How might the recent amendments to the Income Tax Act, 2025, affect the net dividend yield for retail investors?































