Karur Vysya Bank Opens Special Window for Transfer and Dematerialization of Physical Securities

2 min read     Updated on 10 Apr 2026, 06:46 PM
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Karur Vysya Bank has opened a special window from February 05, 2026 to February 04, 2027 for transfer and dematerialization of physical securities executed prior to April 01, 2019. The facility targets previously rejected transfer requests due to document deficiencies, with shares to be mandatorily credited in demat mode under a one-year lock-in period. The bank published notices in Business Standard and Dinamalar newspapers on April 10, 2026, following SEBI circular requirements.

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Karur Vysya Bank has announced the opening of a special window for the transfer and dematerialization of physical securities, providing shareholders with an opportunity to complete previously rejected transfer requests. The bank disclosed this development through newspaper publications on April 10, 2026, in compliance with SEBI regulations.

Special Window Details

The special window facility is available from February 05, 2026 to February 04, 2027, specifically designed for transfer and dematerialization of physical securities that were sold or purchased prior to April 01, 2019. This initiative follows SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026.

Parameter Details
Window Period February 05, 2026 to February 04, 2027
Applicable Securities Physical shares sold/purchased before April 01, 2019
Transfer Mode Mandatory demat credit to transferee
Lock-in Period One year from transfer registration date

Eligibility Criteria

The facility covers transfer deeds executed prior to April 01, 2019 that meet specific eligibility requirements. The bank has outlined clear criteria for determining which cases qualify for the special window.

Execution Date Previously Lodged Before April 01, 2019 Original Certificate Available Eligibility Status
Before April 01, 2019 No (Fresh lodgement) Yes ✓ Eligible
Before April 01, 2019 Yes (Rejected/returned earlier) Yes ✓ Eligible
Before April 01, 2019 Yes No ✗ Not Eligible
Before April 01, 2019 No No ✗ Not Eligible

Exclusions and Restrictions

Several categories of cases will not be considered under this special window:

  • Disputes between transferor and transferee requiring court or NCLT resolution
  • Shares already transferred to Investor Education and Protection Fund (IEPF)
  • Re-lodgement or fresh lodgement requests where original share certificates are unavailable

Shares processed under this window will be issued exclusively in demat mode after verification of original share certificates. During the lock-in period, these shares cannot be transferred, lien-marked, or pledged.

Publication and Compliance

The bank published the notice in multiple newspapers to ensure wide reach among shareholders:

Newspaper Edition Language Publication Date
Business Standard All Edition English April 10, 2026
Dinamalar Trichy Edition Tamil April 10, 2026

Submission Process

Eligible investors can submit their transfer requests along with requisite documents to M/s. MUFG Intime India Private Limited at their Coimbatore office. The bank has also encouraged shareholders holding physical shares to update their KYC details and convert to demat form for improved market liquidity and easier dividend processing through electronic mode.

Historical Stock Returns for Karur Vysya Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+1.46%+3.32%-3.64%+26.69%+65.77%+468.17%

Will other banks follow Karur Vysya Bank's lead in opening similar special windows for physical share transfers?

How might the one-year lock-in period affect Karur Vysya Bank's share price volatility and trading volumes?

What impact could this dematerialization initiative have on the bank's overall shareholder base composition?

Karur Vysya Bank Reports 14.92% Growth in Total Business to ₹2,14,409 Crore in FY26

2 min read     Updated on 02 Apr 2026, 02:20 AM
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AI Summary

Karur Vysya Bank filed its Q4FY26 business update showing impressive growth across all segments. Total business reached ₹2,14,409 crore with 14.92% YoY growth, while advances grew 16.87% to ₹98,743 crore and deposits increased 13.31% to ₹1,15,666 crore, reflecting strong operational execution.

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Karur Vysya Bank has filed its quarterly business update for Q4FY26 under Regulation 30, showcasing strong growth momentum across key business segments. The bank reported significant expansion in its total business, advances, and deposits, reflecting robust operational performance during the fiscal year. The provisional results demonstrate the bank's successful execution of its growth strategy and operational efficiency improvements.

Financial Performance Overview

The bank's provisional FY26 results demonstrate healthy growth across all major parameters. Total business reached ₹2,14,409 crore, marking a substantial increase of 14.92% year-on-year compared to ₹1,86,569 crore in the previous fiscal year. Quarter-on-quarter growth stood at 1.31% from ₹2,11,647 crore in Q3FY26.

Key Metrics: FY26 (Provisional) FY25 YoY Growth (%) Q3FY26 QoQ Growth (%)
Total Business: ₹2,14,409 crore ₹1,86,569 crore +14.92% ₹2,11,647 crore +1.31%
Advances: ₹98,743 crore ₹84,491 crore +16.87% ₹97,052 crore +1.74%
Total Deposits: ₹1,15,666 crore ₹1,02,078 crore +13.31% ₹1,14,595 crore +0.93%

Advances Portfolio Growth

The bank's lending business showed particularly strong performance with advances growing by 16.87% year-on-year to reach ₹98,743 crore from ₹84,491 crore in FY25. On a quarter-on-quarter basis, advances increased by 1.74% from ₹97,052 crore in Q3FY26. This robust growth in the advances portfolio demonstrates the bank's effective lending strategy and successful credit expansion activities.

Deposit Base Performance

Total deposits increased by 13.31% year-on-year to ₹1,15,666 crore from ₹1,02,078 crore in FY25, with quarter-on-quarter growth of 0.93%. The bank also reported deposits excluding Certificate of Deposits at ₹1,09,868 crore, showing 12.33% year-on-year growth and 2.66% quarter-on-quarter growth.

Deposit Metrics: FY26 (Provisional) FY25 YoY Growth (%) Q3FY26 QoQ Growth (%)
Total Deposits: ₹1,15,666 crore ₹1,02,078 crore +13.31% ₹1,14,595 crore +0.93%
Deposits (Ex-CD): ₹1,09,868 crore ₹97,807 crore +12.33% ₹1,07,024 crore +2.66%
CASA: ₹31,122 crore ₹27,832 crore +11.82% ₹31,199 crore -0.25%

CASA Performance

The Current Account and Savings Account (CASA) deposits reached ₹31,122 crore, registering an 11.82% year-on-year growth from ₹27,832 crore. However, CASA deposits witnessed a marginal decline of 0.25% quarter-on-quarter from ₹31,199 crore in Q3FY26. The steady CASA growth demonstrates the bank's ability to attract low-cost deposits, supporting its funding profile.

Regulatory Compliance

The quarterly business update was filed in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. The bank noted that the provisional information is subject to audit by the Statutory Auditors, ensuring transparency and regulatory compliance in financial reporting.

Historical Stock Returns for Karur Vysya Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+1.46%+3.32%-3.64%+26.69%+65.77%+468.17%

How will the RBI's evolving monetary policy stance impact Karur Vysya Bank's net interest margins and lending growth trajectory in FY27?

What strategic initiatives is the bank planning to reverse the quarter-on-quarter decline in CASA deposits and improve its funding mix?

Will Karur Vysya Bank consider expanding into new geographical markets or digital banking segments to sustain its 16.87% advances growth rate?

More News on Karur Vysya Bank

1 Year Returns:+65.77%