Karur Vysya Bank recommends ₹2.00 dividend per share for FY26
Karur Vysya Bank recommended a dividend of ₹2.00 per equity share (130%) for FY26. This is subject to shareholder approval at the ensuing AGM. The Board also approved the financial results on May 07, 2026. The record date for dividend payment will be announced later.
A dividend recommendation is a significant event for shareholders, but its impact is medium as it requires further approval and the exact record date is yet to be announced.
The announcement of a dividend recommendation is generally positive for shareholders, indicating the company's profitability and commitment to returning value.
The Board of Directors of Karur Vysya Bank Limited, in their meeting held on May 07, 2026, recommended a dividend of ₹2.00 per equity share. This dividend is on the face value of ₹2/- each, representing 130% for the financial year ended March 31, 2026. The recommendation is subject to the approval of the shareholders at the upcoming Annual General Meeting (AGM).
The Board meeting commenced at 12 PM and approved the Financial Results at 1 PM on the same day. The record date for the payment of this dividend will be announced in due course.
What to do with a filing like this
Karur Vysya Bank Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Karur Vysya Bank Limited. Read the original for the full detail.