Karur Vysya Bank fixes July 24 record date for ₹2.60 dividend

2 min read     Updated on 03 Jul 2026, 03:23 AM
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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 Day5 Days1 Month6 Months1 Year5 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?

Karur Vysya Bank promoters confirm no fresh encumbrances in FY26

2 min read     Updated on 02 Jul 2026, 04:57 AM
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Karur Vysya Bank promoters confirmed no new share encumbrances in FY26. Declarations from five promoters and their groups were submitted to exchanges. Two individuals listed are deceased, with transmission documents pending.

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Karur Vysya Bank has disclosed that its promoters and their respective promoter groups have not created any fresh encumbrances on their holdings during the financial year 2025-26. The declaration confirms that no charges, directly or indirectly, have been made other than those already reported to the stock exchanges. This disclosure was submitted to the National Stock Exchange of India Ltd on April 9, 2026, in compliance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing includes specific declarations from five promoter individuals: A J Suriyanarayana, G Rajasekaran, M K Venkatesan, A K Praburaj, and M V Srinivasamoorthi. Each promoter confirmed compliance on behalf of themselves and their family members listed within their promoter groups. The declarations were signed by the respective promoters on April 2, 2026, at Karur.

The detailed list of individuals covered under these declarations is categorized by their status as either Promoters or members of the Promoter Group.

Name Category
Suriyanarayana A J Promoter
Suriyanarayana A J (HUF) Promoter
Sudha A S Promoter Group
Jayanthkrishna A S Promoter Group
Varunprasad A S Promoter Group
Nirmala Promoter Group
Anuradha CB Promoter Group
Rajasekaran G Promoter
Rajasekaran G (HUF) Promoter
Nageswari R Promoter Group
Ramkumar R Promoter Group
Ramkumar R (HUF) Promoter Group
Archana R Promoter Group
Srimathi E Promoter Group
Mani G Promoter Group
Mani G (HUF) Promoter Group
Shyamala A Promoter Group
Venkatesan M K Promoter
Venkatesan M K (HUF) Promoter
Usha M V Promoter Group
Iswarrya V Promoter Group
Prajeeth M V Promoter Group
M K Srinivasan* Promoter Group
Nirmala B Promoter Group
Suguna Leela K Promoter Group
Praburaj A K Promoter
Kandaswamy A V Promoter Group
Kasthuri A K* Promoter Group
Preetha A P Promoter Group
Mitra Priyamvatha A P Promoter Group
Netra Priyadharshini A P Promoter Group
Srinivasamoorthi M V Promoter
Nirupama S Promoter Group
Shruthi M S Promoter Group

*Deceased - Necessary documents under transmission are yet to be received.

The bank's Investor Relations Cell forwarded these disclosures to the exchange, confirming that the information was submitted for the record. The filing ensures transparency regarding the shareholding status of the promoters during the specified financial year.

Historical Stock Returns for Karur Vysya Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-2.87%-1.51%+3.54%+13.12%+33.13%+601.36%

How might the absence of fresh encumbrances influence investor confidence in Karur Vysya Bank's stock stability?

What are the potential implications for the bank's capital raising strategies given the promoters' unencumbered holdings?

Could this clean status signal a shift in the promoters' approach toward future stake dilution or consolidation?

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