Karur Vysya Bank Ltd

MCLR revision details

• Overnight MCLR revised from 8.85% to 9.00%.
• One-month MCLR revised from 8.75% to 9.00%.
• Three-month MCLR revised from 8.95% to 9.15%.
• Six-month MCLR revised from 9.15% to 9.30%.
• One-year MCLR revised from 9.35% to 9.40%.
• Rate revisions take effect from 22 August 2026.

MCLR revision details

• Revision in MCLR for all tenors effective 22 August 2026.
• Overnight MCLR from 8.85% to 9.00%.
• One-month MCLR from 8.75% to 9.00%.
• Three-month MCLR from 8.95% to 9.15%.
• Six-month MCLR from 9.15% to 9.30%.
• One-year MCLR from 9.35% to 9.40%.

Governance changes and reorganization

• Board approved internal reorganization: Centralized Credit Dept created; Operations split into Banking Ops and Infrastructure Mgmt; effective 01.09.2026.
• V S R A Kumar Ravutu appointed Chief Credit Officer to head Centralized Credit Dept.
• Vijayakumar P V redesignated as Head of Infrastructure Management Group; effective 01.09.2026.
• Thota Phani Kumar appointed General Manager heading Banking Operations; effective 01.09.2026.
• Annexure I with SEBI disclosure enclosed.

Meet participation

• Top-management attended meetings on 12 Aug in Hong Kong and 13–14 Aug in Singapore.
• Participants: MD&CEO B Ramesh Babu; ED B Sankar; CFO R Ramshankar; GM Retail Liabilities S T Gopal.
• Disclosures were publicly available; no Unpublished Price Sensitive Information discussed.
• Voluntary disclosure under NSE guidance dated 29 Jul 2022.

Meeting Details

• Dates/locations: 12 Aug 2026 (Hong Kong); 13–14 Aug 2026 Singapore.
• Format: physical-group meet and one-to-one meetings.

Participants

• Participants: MD&CEO; Executive Director; CFO; General Manager & Head - Retail Liabilities.
• Location-specific attendees: CFO attended Hong Kong; GM Head Retail Liabilities attended Singapore.

Purpose

• Purpose: participation in Avendus Spark Institutional Equities - INDX-Asia Edition 2026 Investors Conference.

AGM Details

• AGM held on 05 August 2026, 11:00 AM, via VC/OAVM.
• Voting cut-off date: 29 July 2026.
• Total shareholders on record: 287,210.

Resolutions

• Adoption of audited financial statements and Board's Report for FY 2025-26.
• Dividend of Rs 2.60 per equity share for FY 2025-26.
• Re-appointment of Shri B Sankar as Director, retiring by rotation.
• Re-appoint joint statutory auditors: M/s. Kalyaniwala & Varma LLP; remuneration to be fixed.
• Appoint Branch Auditors and fix remuneration.

Voting results

• Resolution 1: Passed; ~99.71% in favour.
• Resolution 2: Passed; ~99.999% in favour.
• Resolution 3: Passed; ~99.87% in favour.
• Resolution 4: Passed; ~99.999% in favour.
• Resolution 5: Passed; ~99.999% in favour.

Dividend

• Dividend proposed/approved: Rs 2.60 per equity share for FY 2025-26.

Director Changes

• Shri B Sankar re-appointed as Director, retiring by rotation.

Auditors

• Joint Statutory Auditors: M/s. Kalyaniwala & Varma LLP; remuneration to be fixed.
• Branch Auditors appointed; remuneration to be fixed.

Related party transactions

• Material related party transactions: none disclosed.

Other material approvals

• No additional material approvals disclosed.

Attendance

• Promoter group attendance: 20; Public: 127.

Investor meet schedule

• Intimation under SEBI LODR Reg 30(6) for institutional investor/analyst meet.
• Event: Avendus Spark Institutional Equities INDX-Asia Edition 2026 – Investors Conference.
• Dates: 12 August 2026 and 13 August 2026.
• Locations: Hong Kong and Singapore.
• Schedule subject to change; any revisions will be communicated to exchanges.
• No UPSI or material information will be shared during the conference.

AGM outcomes and material updates

• 107th AGM held on 05 Aug 2026 via VC/OAVM; summary of proceedings enclosed.
• Audited FY2025-26 financials adopted; BS and Directors' and Auditors' Reports received.
• Dividend declared of Rs 2.60 per equity share for FY 2025-26.
• Shri B Sankar re-appointed as Director on rotation.
• Joint Statutory Central Auditors re-appointed: Kalyaniwalla & Mistry LLP and Varma & Varma; remuneration fixed for third year.
• Branch Auditors appointed; remuneration fixed.
• Auditors' Report and Secretarial Audit Report for year ended 31 Mar 2026 had no qualifications.
• Bank invested ₹29.68 crore to acquire 16.4% stake in Sahayya Finserve Private Limited.
• Remote e-voting completed; results to be announced within two working days.
• Notice and Annual Report dispatched electronically to members; QR link posted to others.

Appointment details

• Board approved Ravikumar Sadhana as Head - Corporate & Commercial Banking, in the CGM rank.
• Date of taking charge will be informed in due course.
• Term of appointment is three years from taking charge.
• Aims to strengthen leadership in corporate and commercial banking.

Background and governance

• Ex-State Bank of India; last role CGM, Operations - Corporate Banking; retired 31 May 2026.
• No director-related party relationship disclosed.

Regulatory / disclosure

• Disclosure under SEBI circular HO/49/14/14(7)2025-CFD-OD2/I/3762/2026 attached as Annexure-I.