Karnataka Bank Ltd

Karnataka Bank Ltd. will close its trading window for connected and designated persons, and their relatives, from October 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ending September 30, 2026, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Karnataka Bank Ltd. informed the National Stock Exchange of India Limited and BSE Limited that the All India Karnataka Bank Employees Association (AIKBEA) and Karnataka Bank Officers Organisation (KBOO), under the banner of United Forum of Bank Unions (UFBU), have called for a three-day strike from September 28, 2026, to September 30, 2026, to demand a five-day banking week and resolution of pending issues, which may affect the normal functioning of the bank’s branches, offices, and departments, although the expected quantum of loss or impact on operations is not quantifiable.

Karnataka Bank Limited announced that its members approved the re-appointment of Balebail Rajagopal Ashok as a Non-Executive, Non-Independent Director, and the appointments of Biji Sreekrishnavilas Sankaranarayanan as Executive Director, and Dr. M Aruna Shyam and Parthasarathi Periaswamy as Non-Executive Independent Directors, at its 102nd Annual General Meeting on September 22, 2026. The bank also confirmed that the newly appointed directors are not debarred from holding office by any regulatory authority.

Karnataka Bank informed the National Stock Exchange of India Limited and BSE Limited that its members approved the appointment of M/s. Batliboi & Purohit, Chartered Accountants, Mumbai, as joint Statutory Auditors for a three-year term from the conclusion of the 102nd Annual General Meeting until the conclusion of the 105th Annual General Meeting, alongside the existing joint Statutory Auditors, M/s. R.G.N. Price & Co., Chartered Accountants, Chennai, who will continue until the conclusion of the 103rd Annual General Meeting; this appointment was approved by the Reserve Bank of India vide letter CO.DOS.RPD.No.: S3635 /08.11.005/2026-27 dated August 11, 2026.

Karnataka Bank Ltd. announced promotions for six senior management personnel, effective September 19, 2026. Akshayaraj Ramakrishna Rao, Adiga Praveen Chakrapani, Danish, Krishna Prasad K J, Jayaprakash Udupa H, and Vishwanath S R have been promoted from Assistant General Manager to Deputy General Manager.

Karnataka Bank Ltd. informed the National Stock Exchange of India Limited and BSE Limited that the All India Karnataka Bank Employees Association (AIKBEA) and Karnataka Bank Officers Organisation (KBOO), affiliated to the All India Bank Employees Association (AIBEA) and All India Bank Officers Association (AIBOA) respectively, have called for a one-day strike on September 11, 2026, under the banner of United Forum of Bank Unions (UFBU), demanding a 5-day Banking Week and resolution of pending issues; the bank stated that normal functioning of branches, offices, and departments may be affected if the strike materializes, and the expected quantum of loss or damages and impact on operations are not quantifiable.

Karnataka Bank Ltd. announced the allotment of 45,800 equity shares with a face value of Rs 10 each on September 8, 2026, to grantees who exercised vested options under the Karnataka Bank Employees Stock Option Scheme, 2023, as approved by the Managing Director & CEO.

Karnataka Bank announced promotions for three senior management personnel, effective September 3, 2026. Basavaraj Desalli, Raghavendra C L, and Gopalakrishna Samaga B. have been promoted from Deputy General Manager to General Manager. According to a regulatory filing, Desalli joined the bank in 1995, Raghavendra C L in 1999, and Gopalakrishna Samaga B. in 1994, all progressing through various roles within the bank.

Karnataka Bank Ltd. has fixed September 15, 2026, as the record date for the purpose of payment of dividend, according to a regulatory filing with the National Stock Exchange of India Limited and BSE Limited. The dividend payment, subject to shareholder approval at the bank’s 102nd Annual General Meeting on September 22, 2026, will be effected on or after September 29, 2026.

Karnataka Bank Ltd. has fixed September 15, 2026, as the record date for the purpose of payment of dividend, according to a regulatory filing with the National Stock Exchange of India Limited and BSE Limited. The dividend payment, subject to shareholder approval at the bank’s 102nd Annual General Meeting on September 22, 2026, will be effected on or after September 29, 2026.