The shareholders of Karur Vaishya Bank of the private sector have received a gift of bonus shares after 7 years. The bank’s board approved the results of the June quarter as well as the bonus issue. The shareholders will get bonus shares in a 1: 5 ratio.
This ratio means that the bank’s shareholders will get 1 new share bonus on every 5 stocks with them. The face value of the stock is Rs 2. The approval of shareholders is yet to be taken on the bonus issue. This approval will be taken in the 106th annual general meeting to be held on August 21.
The record date for bonus shares is 26 August 2025. By this date, the shareholders whose names will be in the records of the Register of Members of the Company or Depositors as the beneficiaries owners of the shares will be entitled to get bonus shares.
The bank last distributed bonus shares in the year 2018. At that time, the shareholders got 1 new share bonus on every 10 stocks with him. Even before this, bonus shares were given in 2010, 2006 and 2002.
Karur Vaishya Bank’s net profit increased by 13.51 percent to Rs 521.45 crore in the April-June 2025 quarter. A year ago, the profit was Rs 458.65 crore, the income was increased to Rs 3,015.8 crore, which was Rs 2,672.88 crore in the June 2024 quarter.
The bank’s gross NPA declined to 0.66 percent in the June 2025 quarter, which was 1.32 percent in the same quarter a year ago. Net NPA was 0.19 percent, which was 0.38 percent in the June 2024 quarter.
Karur Vaishya Bank has fixed a record date for its dividend and it is 7 August 2025. By this date, shareholders whose names will be in the records of the Register of Members of the Company or Depositors as the beneficiaries owners of shares will be entitled to dividend.
The bank’s shareholders are going to get a final dividend of ₹ 2.6 per share for FY 2025. But it is yet to be stamped by shareholders.