Karur Vysya Bank participated in the institutional investor/analyst meet 'Chasing Growth 2026' organized by Kotak Securities Ltd on February 26, 2026, as part of its ongoing investor engagement activities. The event was held at Grand Hyatt, Kalina, Mumbai, featuring both physical group meetings and one-to-one interactions with institutional investors and analysts.

Management Participation

The bank's senior leadership team actively participated in the investor meet, ensuring direct communication with the investment community. The following executives represented Karur Vysya Bank:

Regulatory Compliance and Disclosure

The bank filed this disclosure under Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following its earlier intimation dated February 11, 2026. The participation was conducted in full compliance with regulatory requirements regarding investor interactions.

Karur Vysya Bank emphasized that only information available in the public domain was shared and discussed during the meet. The bank specifically confirmed that no Unpublished Price Sensitive Information (UPSI) was disclosed during any interactions with institutional investors or analysts.

Voluntary Disclosure Framework

This disclosure represents a voluntary submission in accordance with NSE's Guidance Note on disclosures pertaining to analysts and institutional investors meet and best practices, dated July 29, 2022. The bank's proactive approach to transparency demonstrates its commitment to maintaining open communication channels with the investment community while adhering to regulatory guidelines.

The investor meet provided a platform for institutional investors and analysts to engage directly with Karur Vysya Bank's management team, facilitating better understanding of the bank's operations and strategic direction through publicly available information.

Karur Vysya Bank has received regulatory clearance for a significant shareholding acquisition, as the Reserve Bank of India grants fresh approval to ICICI Prudential Asset Management Company Ltd for stake acquisition. The approval, dated February 10, 2026, allows ICICI AMC and group entities of ICICI Bank Limited to acquire up to 9.95% shareholding in the private sector bank.

RBI Approval Details

The Reserve Bank of India has accorded approval to ICICI Prudential Asset Management Company Ltd (ICICI AMC), along with group entities of ICICI Bank Limited, for acquiring aggregate holding of up to 9.95% of the paid-up share capital or voting rights of The Karur Vysya Bank Ltd. This approval was granted with reference to the application made by ICICI AMC to the central bank.

Regulatory Conditions and Compliance

The RBI approval comes with stringent regulatory conditions that ICICI AMC must adhere to throughout the acquisition process. The approval is subject to compliance with relevant provisions of the Banking Regulation Act, 1949, and Reserve Bank of India (Commercial Banks – Acquisition and Holding of Shares or Voting Rights) Directions, 2025 dated November 28, 2025.

Additional compliance requirements include:

• Adherence to provisions of the Foreign Exchange Management Act, 1999
• Compliance with regulations issued by Securities and Exchange Board of India
• Following any other applicable statutes, regulations and guidelines

Key Restrictions and Timeline

The approval includes specific operational restrictions designed to maintain regulatory oversight. ICICI AMC faces a one-year deadline from the date of RBI's letter to acquire major shareholding, failing which the approval will stand cancelled. The company must ensure that aggregate holding in Karur Vysya Bank never exceeds 9.95% of the paid-up share capital or voting rights at any time.

Further regulatory oversight applies if the aggregate holding of ICICI AMC, along with group entities of ICICI Bank Limited, falls below 5% at any point. In such cases, prior approval from RBI will be required to increase the holding to 5% or more of the paid-up share capital or voting rights.

Background and Previous Approval

This fresh approval replaces an earlier RBI approval that was accorded to ICICI AMC on December 29, 2023, with similar terms and conditions. The bank clarified that the current approval was granted upon expiry of the earlier approval, indicating ICICI AMC's continued interest in acquiring a significant stake in Karur Vysya Bank. The regulatory filing demonstrates the ongoing consolidation trends in India's banking sector, with asset management companies seeking strategic investments in private sector banks.