OICHARTS
8 AMThe 8 AM report →
BankingMedium impactPre-market

City Union Bank seeks approval for 1:3 bonus issue

pre-market1 source ↓written by the desknot a recommendation

and the appointment
1:3 bonus share issue
from the Securities
₹24.77 cr

City Union Bank has issued a postal ballot notice to seek shareholder approval for a 1:3 bonus share issue and the appointment of an Independent Director. The proposed bonus will capitalize approximately ₹24.77 cr from the Securities Premium Account, enhancing shareholder equity.

This move aims to reward existing shareholders and may positively impact market sentiment around the bank's stock.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 30 Apr 2026, 07:02 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

CUB closed −2.6% on the day of the news, from ₹277.37 to ₹270.09; Nifty −0.7% over the same session.

Bulletin at 07:02 IST on 30 Apr 2026. Every change is measured from ₹277.37, the last close before it, on 29 Apr. Nifty 50 is measured over the same sessions.

  • CUB close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
CUB closes around the bulletin against the close before the news, with Nifty 50 rebased to it233.77277.37320.97axis spans 37%before the news · 29 Apr277.37Nifty 50CUBbulletinD0+1+3+523 Apr6 May15 MayReference close ₹277.37. 16 sessions from 23 Apr to 15 May; the price axis spans 37 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before29 Apr₹277.37basebase
On the day30 Apr₹270.09▼ −2.6%▼ −0.7%−1.9 pp difference
+1 session4 May₹271.85▼ −2.0%▼ −0.2%−1.8 pp difference
+3 sessions6 May₹273.00▼ −1.6%▲ +0.6%−2.2 pp difference
+5 sessions8 May₹260.35▼ −6.1%0.0%−6.1 pp difference
Gap at the open, % · ₹
▼ −0.1%−0.33 on 30 Apr
Day's range, % · ₹
3.2%≈ 8.8 high to low
Volume on the day
0.42×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · CUB on the desk →

Related