City Union Bank Limited has announced the allotment of 24,76,96,809 equity shares of Re. 1/- each as fully paid-up bonus equity shares. This allotment is in the proportion of one equity share for every three existing fully paid-up equity shares. The record date for this bonus issue was June 12, 2026, and the bonus shares are available for trading from June 16, 2026.
City Union Bank Approves Bonus Share Allotment
City Union Bank Limited has officially announced the allotment of a substantial number of bonus equity shares. The Bonus Committee of the Board of Directors has approved the issuance of 24,76,96,809 equity shares, each with a face value of Re. 1/-. These shares are designated as fully paid-up bonus equity shares.
Bonus Ratio and Record Date
The bonus shares have been issued in the proportion of one (1) equity share for every three (3) existing fully paid-up equity shares of Re. 1/- each held by the eligible members. The crucial Record Date for determining the entitlement of members to these bonus shares was June 12, 2026. Names appearing in the Register of Members on this date are eligible for the bonus allotment.
Trading Information
Following the allotment, the newly issued bonus equity shares will rank pari passu in all respects with the existing fully paid-up equity shares of the Bank as of the Record Date. These bonus shares are set to be available for trading on the stock exchanges starting June 16, 2026.
Source: BSE
