tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

City Union Bank Expands Capital Through Employee Stock Option Allotment

Story Highlights
City Union Bank Expands Capital Through Employee Stock Option Allotment

Claim 70% Off TipRanks This Holiday Season

City Union Bank Limited ( (IN:CUB) ) has issued an update.

City Union Bank Limited has announced the allotment of equity shares under its Employee Stock Option Scheme, which was approved by the Compensation and Remuneration Committee of the Board of Directors. This allotment has increased the bank’s paid-up capital, reflecting its commitment to rewarding employees and enhancing shareholder value.

More about City Union Bank Limited

City Union Bank Limited is a financial institution based in India, primarily engaged in providing banking services. The bank focuses on offering a wide range of financial products and services to its customers, including personal and business banking solutions.

Average Trading Volume: 175,619

Technical Sentiment Signal: Buy

Current Market Cap: 194.7B INR

For a thorough assessment of CUB stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1