City Union Bank Limited — Dividend/Bonus, 27-04-2026: Bonus
27-04-2026 · 04:29 pm
City Union Bank's board approved a bonus issue of 1:3, meaning 1 new share for every 3 held. This is subject to shareholder approval, with the record date to be decided. The move will boost paid-up capital from approximately 74.31 Cr to 99.08 Cr, utilizing about 24.77 Cr from the Securities Premium account (940.37 Cr available). This common action aims to reward shareholders and enhance stock liquidity.
No comments yet. Be the first to comment!
