Karur Vysya Bank Fixes Date for 107th AGM; Announces Record Date and ESOS Allotment Details
Karur Vysya Bank Limited announced key operational dates and equity allotment details following its Board meeting held on June 23, 2026. The Board addressed the annual general meeting date, set the record date for the proposed dividend, and confirmed the allotment of shares under the Employee Stock Option Scheme (ESOS).The bank confirmed that the 107th Annual General Meeting (AGM) is scheduled to be held on Wednesday, August 05, 2026. The meeting will take place at 11:00 A.M. (IST) and can be conducted via Video Conferencing ('VC') or Other Audio Visual Means ('OAVM').
In terms of dividend matters for FY 2025-26, the Bank appointed Friday, July 24, 2026, as the record date to determine eligibility for members entitled to receive the dividend if approved by shareholders at the AGM. The Board further stipulated that, subject to shareholder approval at the 107th AGM, the dividend will be paid or dispatched to eligible equity shareholders on or after August 06, 2026.
ESOS Allotment Confirmed
The meeting also addressed the allotment of shares under the KVB ESOS 2018 Scheme. A total of 22,570 Equity Shares were allotted to Senior Management Personnel of the Bank. These shares have a face value of ₹ 2 each and form part of their non-cash component variable pay for performance periods spanning FY 2022-23 and FY 2024-25.Key dates and details extracted from the Board meeting include:
| Event | Date/Period | Details |
|---|---|---|
| 107th AGM Date | August 05, 2026 (Wednesday) | Held at 11:00 A.M. (IST) via VC or OAVM. |
| Dividend Record Date | July 24, 2026 (Friday) | For determining eligibility for the dividend of FY 2025-26. |
| Dividend Payment Period | On or after August 06, 2026 | Subject to shareholder approval at AGM. |
| ESOS Shares Allotted | N/A | 22,570 Equity Shares (Face Value: ₹ 2) |
KARURVYSYA Stock Price Movement
Karur Vysya Bank Limited saw its share price slip today, shedding 0.91% to close at ₹294.55. The bank stock traded for a volume of 1.51 million shares during the market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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