Karur Vysya Bank holds 107th AGM on Aug 5, 2026, declares ₹2.60 dividend
Karur Vysya Bank held its 107th AGM on August 5, 2026. Key decisions included declaring a dividend of ₹2.60 per equity share for FY 2025-26 and approving the appointment of Joint Statutory Auditors. The bank also announced strategic initiatives for FY 2026-27 and an investment of ₹29.68 crore in Sahayya Finserve.
The dividend declaration and strategic investments are positive but do not represent a major shift in the company's fundamental operations.
The bank declared a dividend and outlined positive strategic initiatives and investments for future growth.
Karur Vysya Bank Limited conducted its 107th Annual General Meeting (AGM) on August 5, 2026, via Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting, which commenced at 11:00 AM IST, was held in compliance with the Companies Act, 2013, and SEBI regulations.
Key agenda items included the adoption of audited financial statements for the financial year ended March 31, 2026, and the declaration of a dividend of ₹2.60 per equity share for FY 2025-26. The re-appointment of Shri B. Sankar as Director and the re-appointment of M/s. Kalyaniwalla & Mistry LLP along with M/s. Varma & Varma as Joint Statutory Central Auditors were also proposed.
During the meeting, the MD & CEO provided an outlook for FY 2026-27, highlighting strategic initiatives such as leveraging Artificial Intelligence (AI) across key functions, introducing sector-focused lending products, relaunching credit cards, and launching a digital Loan Against Mutual Fund product. The bank also announced an investment of ₹29.68 crore for a 16.4% stake in Sahayya Finserve Private Limited to expand its retail lending presence.
The AGM concluded at 02:18 PM, with the voting results expected to be announced within two working days and updated on the websites of NSE/BSE and the bank.
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