Karur Vysya Bank on Thursday announced the allotment of 16.10 crore fully paid-up bonus equity shares in the proportion of 1:5. This means shareholders will receive one equity share of face value ₹2 each for every five shares held as of the record date, August 26, 2025.
The bonus issue, approved by shareholders at the bank’s Annual General Meeting (AGM) on August 21, 2025, has increased the paid-up equity share capital from ₹161.06 crore to ₹193.27 crore.
According to the regulatory filing, the bonus shares will rank pari-passu with the existing equity shares of the bank. The decision was cleared by the Board of Directors in its meeting held on August 28, 2025.
The allotment comes as part of the bank’s commitment to enhance shareholder value, following its earlier intimation on July 24, 2025, regarding the bonus issue proposal.