City Union Bank Limited — Others, 17-08-2025: Shareholders meeting

City Union Bank's Annual General Meeting saw all seven resolutions pass. Shareholders approved the audited financial statements for FY 2025 and a dividend of Rs. 2 per equity share for FY 2024-25. Key appointments were also affirmed, including joint statutory central auditors, branch auditors (with their remuneration as determined by the Audit Committee), and secretarial auditors for five years. The revision of the MD & CEO's remuneration was also approved. Significantly, shareholders authorized the Board to issue and allot shares through a Qualified Institutional Placement, empowering the bank to raise capital for future growth.