Karur Vysya Bank shareholders approve independent director appointment

Karur Vysya Bank announced on December 20, 2025, the successful passage of a special resolution to appoint Dr. Mythili Vutukuru as a non-executive independent director for a three-year term. The approval came through a postal ballot conducted via remote e-voting, with results declared on the final voting date.

The resolution saw substantial support, with 494,639,079 votes cast in favor, representing 99.9889% of the total votes polled. Only 54,864 votes were cast against the resolution, amounting to 0.0111% of the total. The total votes polled reached 494,693,943. Overall, 51.1818% of the outstanding shares were polled during the e-voting period, which ran from November 21, 2025, to December 20, 2025.

The bank confirmed that the special resolution passed with the requisite majority. The scrutinizer's report, provided by M/s. Bapulal Yasar & Associates, affirmed the integrity of the e-voting process. The results are accessible on the bank's website and the NSDL e-voting platform.