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Management change

City Union Bank Director Sankaran G appointed

City Union Bank (BSE: CUB) said Sankaran G, Director, has been appointed. The company is valued at about ₹23,307 crore.

BCEIE News Desk · Published 13 Nov 2026, 10:50 am IST · Filing received 13 Nov 2026, 10:34 am IST

What happened

City Union Bank (BSE: CUB) informed the stock exchanges on 13 November 2026 at 10:34 AM that Sankaran G, Director, has been appointed.

Company snapshot

City Union Bank is a small-cap company in the Financial Services sector, with a market value of about ₹23,307 crore.

The stock last traded at ₹235.2, against a 52-week range of ₹169.8–₹248.9 (5.5% below the high).

Before this filing the shares had moved −0.2% over the month and +6.9% over three months. Average daily turnover over the last 20 sessions was about ₹70.19 crore.

Promoters held 0.00% at the end of Q2 FY27. Foreign institutions owned 17.40% and domestic institutions 47.99%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY261,912328.64.43
Q3 FY262,001332.24.48
Q4 FY262,146359.64.84
Q1 FY272,229382.63.86
Q2 FY272,442415.94.2

What history shows

This is not the company's first management change disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.

Across 300 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and −0.2% over five days; 53% of them rose the next day.

Market-wide, 4,544 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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