Karnataka Bank Announces 102nd AGM on Sep 22, 2026, Recommends ₹5 Dividend
Karnataka Bank's 102nd AGM is scheduled for September 22, 2026. The bank recommended a dividend of ₹5 per share, with a record date of September 15, 2026. E-voting begins September 18, 2026. Shareholders must update KYC and can claim TDS exemption by September 17, 2026.
The AGM announcement and dividend declaration are standard corporate events, but the dividend amount and the upcoming AGM are material to shareholders.
The announcement includes a recommended dividend payment, which is generally viewed positively by shareholders.
The Karnataka Bank Limited has announced its 102nd Annual General Meeting (AGM) will be held on Tuesday, September 22, 2026, at 11:00 A.M. IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM).
The bank is dispatching letters to shareholders whose email IDs are not registered, containing a web-link to access the Annual Report for the financial year 2025-26 and other relevant shareholder information, including mandatory KYC updates as per SEBI guidelines.
The bank's board has recommended a dividend of ₹5.00 per equity share (50% of face value) for the Financial Year 2025-26. The record date for this dividend is Tuesday, September 15, 2026, with the payment date on or after Tuesday, September 29, 2026.
Shareholders are reminded to update their KYC details to dematerialize physical securities. The e-voting period will commence on Friday, September 18, 2026, at 09:00 A.M. IST and conclude on Monday, September 21, 2026, at 05:00 P.M. IST. The cut-off date for e-voting is Tuesday, September 15, 2026.
Shareholders seeking exemption from TDS on dividend income for FY 2025-26 must submit the required documents by Thursday, September 17, 2026, via an online upload. All queries can be directed to the bank's Registrar & Transfer Agent, Integrated Registry Management Services Private Limited.
A plain-language summary of a public exchange filing by The Karnataka Bank Limited. Read the original for the full detail.