CITY UNION BANK LTD. - Outcome of QIP Management Committee Meeting

City Union Bank Ltd has informed BSE that in respect of the QIP, the QIP Management Committee of the Board of Directors of the Bank has, at its meeting held on July 22, 2014, approved the issue and allotment of 46635576 Equity Shares to eligible qualified institutional buyers at the issue price of Rs. 75.05 per Equity Share, aggregating to approximately Rs. 3499.99 million under the SEBI Regulations and Section 42 of the Companies Act, 2013 (including the rules made thereunder).