City Union Bank Bonus Issue: Today Is the Last Day to Buy Shares to Become Eligible for 1:3 Bonus

City Union Bank has fixed June 12, 2026, as the record date for its 1:3 bonus issue, making June 11, 2026, the last trading day for investors to buy the bank's shares and become eligible to receive the bonus shares. 

Under the T+1 settlement cycle, investors need to purchase shares at least 1 trading day before the record date for the shares to be credited to their demat accounts and qualify for the corporate action. 

City Union Bank Bonus Issue 

City Union Bank announced the bonus issue in April 2026. Under the approved ratio of 1:3, eligible shareholders will receive 1 bonus equity share for every 3 fully paid-up equity share held as on the record date. 

The bank will issue the bonus shares by capitalising nearly ₹25 crore from its securities premium account, which stood at over ₹940 crore as of March 31, 2026. 

In May 2026, the lender confirmed June 12, 2026, as the record date for determining shareholder eligibility for the bonus issue. 

First Bonus Issue in 8 Years 

The upcoming bonus issue will be City Union Bank's first in 8 years. The bank had previously announced a 1:10 bonus issue in 2018. 

A bonus issue increases the number of outstanding shares by distributing additional shares to existing shareholders without any cash payment. While it does not alter the company's market capitalisation, it can improve stock liquidity and make the shares more affordable for investors. 

Read More: City Union Bank Partners with Centific, SASTRA University and nStore to Launch AI Centre of Excellence 

City Union Bank Q4 FY26 Financial Performance 

City Union Bank reported a 25% year-on-year increase in net profit to ₹359.56 crore for Q4 FY26, compared with ₹287.96 crore in the corresponding quarter of the previous financial year. 

The bank's net interest income (NII) rose around 31% YoY to ₹785.83 crore during the quarter. 

City Union Bank Share Price Performance 

As of June 11, 2026, at 12:31 PM, City Union Bank share price was trading at around ₹257.80 each, up 1.78% on the BSE. On a year-to-date basis in 2026, the stock has fallen around 11%. 

Over the longer term, City Union Bank share price has delivered returns of around 29% in 1 year, and over 100% in 3 years. 

Conclusion 

Investors seeking eligibility for City Union Bank's 1:3 bonus issue need to purchase the shares by June 11, 2026, as June 12 has been fixed as the record date. Eligible shareholders will receive 1 bonus share for every 3 shares held in their demat accounts as of the record date. 

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.