Description
Karur Vysya Bank announces bonus issue of 1 equity share for every 5 existing shares with record date August 26, 2025.
Summary
Karur Vysya Bank Limited (Scrip Code: 590003) has announced a bonus issue of equity shares with a ratio of 1:5. The company will issue 1 bonus equity share of Rs. 2/- each for every 5 existing equity shares of Rs. 2/- each held by shareholders.
Key Points
- Bonus ratio: 1 new share for every 5 existing shares
- Face value: Rs. 2/- per share for both existing and bonus shares
- Record date: August 26, 2025
- Ex-bonus trading begins: August 26, 2025
- Settlement number: DR-702/2025-2026
- Company remains permitted to trade on BSE
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the ex-bonus basis trading effective from August 26, 2025
- All transactions in equity shares will be on ex-bonus basis from the specified date
- Dematerialised securities under rolling settlement segment are covered
Important Dates
- Record Date: August 26, 2025
- Ex-Bonus Date: August 26, 2025
- Notice Date: August 25, 2025
Impact Assessment
The bonus issue will increase the number of outstanding shares by 20% (1 additional share for every 5 existing shares). Share price is expected to adjust proportionally on the ex-bonus date. Existing shareholders will receive additional shares without any cash outflow, maintaining their proportionate ownership in the company.
Impact Justification
Standard bonus issue announcement affecting share price and trading from next day