City Union Bank has informed that pursuant to exercise of options by the eligible employees under City Union Bank Employees Stock Option Scheme 2008, the Remuneration and Compensation Committee of the Board at its meeting held on August 12, 2015, considered and allotted 16,23,479 equity shares in the manner at a face value of Re 1 each.
The above information is a part of company’s filings submitted to BSE.