Karur Vysya Bank Limited — Board Meeting, 24-07-2025: Outcome of Board Meeting

Karur Vysya Bank's board has set August 21 for its 106th Annual General Meeting (AGM) to be held virtually. Key decisions include:

* Shareholders will vote on a dividend for FY24-25 (Record Date: Aug 7).

* Proposed increase in authorized share capital from ₹200 Cr to ₹250 Cr.

* New KVB-ESOS-2025 scheme approved, creating a pool for 3 Cr employee stock options.

* Allotted 62,722 equity shares under previous ESOS schemes.

* Appointed M/s. S.A.E. & Associates LLP as Secretarial Auditors for FY25-FY30 for ₹2.25 Lakh annually.

All significant proposals are subject to shareholder approval at the upcoming AGM.