City Union Bank Issues 24.77 Crore Bonus Shares in 1:3 Ratio
June 15, 2026: City Union Bank Limited has approved the allotment of 24,76,96,809 fully paid-up bonus equity shares of face value ₹1 each, providing shareholders with one bonus share for every three existing equity shares held.
According to the bank's regulatory filing, the Bonus Committee of the Board of Directors approved the allotment on June 15, 2026. Shareholders whose names appeared in the Register of Members as of the record date of June 12, 2026, are eligible for the bonus issue.
The newly allotted shares will be available for trading on the stock exchanges from June 16, 2026.
1:3 Bonus Issue for Eligible Shareholders
Under the bonus issue, investors will receive one fully paid-up equity share for every three existing fully paid-up equity shares held. The allotted bonus shares will rank pari passu with the existing equity shares in all respects, ensuring equal rights and benefits.
Key Highlights
-
Company: City Union Bank Limited
-
Bonus Ratio: 1:3
-
Number of Bonus Shares Allotted: 24,76,96,809
-
Face Value: ₹1 per share
-
Record Date: June 12, 2026
-
Trading of Bonus Shares Begins: June 16, 2026
-
NSE Symbol: CUB
-
BSE Code: 532210
The allotment follows the bank's earlier communications issued on April 27, May 25 and May 31, 2026.
The bonus issue is aimed at rewarding shareholders and increasing liquidity in the stock by expanding the equity base.
About City Union Bank
City Union Bank is one of India's leading private sector banks with its registered office in Kumbakonam, Tamil Nadu. Established in 1904, the bank offers a wide range of retail and corporate banking services across the country.