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Karur Vysya Bank LimitedOthers, 21-08-2025: Shareholders meeting

21-08-2025 | 08:17 pm

The Bank's 106th Annual General Meeting concluded with shareholders approving all proposed resolutions. This includes the adoption of the audited financial statements for FY25 and a dividend of Rs. 2.60 per equity share, directly benefiting investors. Key approvals also covered the re-appointment of director Shri R Ramkumar, the appointment of auditors, and remuneration for the Non-Executive Independent Chairperson. Significantly, shareholders approved the Karur Vysya Bank Employee Stock Option Scheme – 2025, which can boost employee retention, an increase in the authorized share capital, and the issue of bonus shares, signaling potential future growth and enhanced shareholder value.

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