Karur Vysya Bank Limited — Others, 30-07-2025: Shareholders meeting
30-07-2025 | 07:16 pm
30-07-2025 | 07:16 pm
The bank has announced an Annual General Meeting to approve its financial results for the year ended March 31, 2025. Shareholders will vote on a proposed dividend of ₹2.60 per equity share. Key proposals include re-appointment of auditors with ₹1.30 crore remuneration and appointment of secretarial auditors with ₹2.25 lakh remuneration. The meeting will also consider approving remuneration for the Chairperson at ₹30 lakh annually, a new Employee Stock Option Scheme for up to 3 crore shares, an increase in authorized share capital from ₹200 crore to ₹250 crore, and a 1:5 bonus share issue. These steps aim to support future growth and employee alignment.
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