BSECorp Action23 Jun 2026 · 23 Jun 2026, 06:41 pm
Fixation of Record date for Dividend: 31-07-2026
City Union Bank Ltd · 532210
✦ AI Summary▲ PositiveFundraise
City Union Bank's Board approved a 200% dividend (Rs. 2 per share) for FY2026, with a record date of July 14, 2026, to be paid on or after August 14, 2026. Concurrently, the board proposed an enabling resolution for raising Rs. 500 crore through a Qualified Institutional Placement (QIP). This capital raise is subject to shareholder approval at the upcoming Annual General Meeting and is expected to support the bank's future growth initiatives.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10
Full Announcement
City Union Bank Ltd - 532210 - Announcement under Regulation 30 (LODR)-Dividend Updates