Karur Vysya Bank Issues Strike Alert for January 27, 2026 Following UFBU Call

1 min read     Updated on 24 Jan 2026, 03:24 PM
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Overview

Karur Vysya Bank has alerted stock exchanges about a UFBU strike call scheduled for January 27, 2026, which could disrupt normal banking operations. The bank's affiliated officers association and workmen union may participate in the strike, potentially affecting branch services and customer transactions across the network.

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*this image is generated using AI for illustrative purposes only.

Karur Vysya Bank has notified stock exchanges about a potential strike that could impact its operations on January 27, 2026. The bank issued the disclosure under SEBI Regulation 30 compliance requirements, alerting investors about possible service disruptions.

Strike Details and Union Involvement

The United Forum of Bank Unions (UFBU) has called for a strike on Tuesday, January 27, 2026. Both the Officers Association and Workmen Union of Karur Vysya Bank are affiliated with UFBU, making the bank's workforce likely participants in the proposed industrial action.

Strike Parameter: Details
Date: January 27, 2026
Calling Organization: United Forum of Bank Unions (UFBU)
Affiliated Unions: Officers Association and Workmen Union
Notification Date: January 24, 2026

Potential Operational Impact

The bank has warned that if the strike materializes, normal working of branches and offices may be affected. Officers and workmen participation could lead to:

  • Disruption of regular banking services
  • Limited branch operations
  • Potential delays in customer transactions
  • Reduced staff availability across locations

Regulatory Compliance

The notification was filed in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Deputy General Manager Srinivasarao M signed the disclosure document on January 24, 2026.

The bank has requested stock exchanges NSE and BSE to take the information on record, ensuring transparency with investors and market participants about potential operational challenges.

Historical Stock Returns for Karur Vysya Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.70%-0.51%+5.12%+17.55%+42.34%+616.79%

Karur Vysya Bank Allots 23,631 Equity Shares to MD & CEO Under ESOS 2018 Scheme

1 min read     Updated on 23 Jan 2026, 07:46 PM
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Overview

Karur Vysya Bank allotted 23,631 equity shares of Rs. 2 face value each to MD & CEO B Ramesh Babu under the KVB ESOS 2018 scheme. The allotment, approved in a board meeting on January 23, 2026, represents the non-cash variable pay component for FY 2021-22. The disclosure was made under SEBI regulations to ensure transparency in executive compensation matters.

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Karur Vysya Bank has announced the allotment of equity shares to its top executive as part of the employee stock option scheme. The bank's board approved the allocation during its meeting on January 23, 2026, in compliance with regulatory disclosure requirements.

Share Allotment Details

The bank's board meeting resulted in the allotment of equity shares under the established employee compensation framework. The allocation represents a significant component of the executive compensation structure for the previous financial year.

Parameter: Details
Number of Shares: 23,631 equity shares
Face Value: Rs. 2 each
Recipient: B Ramesh Babu, MD & CEO
Scheme: KVB ESOS 2018
Purpose: Non-cash variable pay component for FY 2021-22

Board Meeting Information

The board meeting that approved this allotment was conducted on January 23, 2026, with specific timing details recorded for regulatory compliance. The meeting commenced at 12:30 PM and concluded at 6:10 PM, indicating comprehensive deliberations during the session.

Regulatory Compliance

The allotment was announced pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates timely disclosure of material events and corporate actions to ensure transparency for investors and market participants.

The shares allocated form part of the MD & CEO's compensation structure, specifically representing the non-cash component of variable pay for FY 2021-22. This approach aligns executive compensation with long-term shareholder interests through equity participation.

Historical Stock Returns for Karur Vysya Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.70%-0.51%+5.12%+17.55%+42.34%+616.79%

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1 Year Returns:+42.34%