South Indian Bank has informed that the Compensation and Remuneration Committee of the Board by a resolution passed on November 11, 2014 has allotted 22,13,200 Equity Shares of face value Re. 1/- each pursuant to exercise of options granted under the South Indian Bank Employees Stock Option Scheme (SIB ESOS - 2008). Post the above allotment, the paid-up Equity share capital of the Bank would stand at Rs. 135,01,44,401/- consisting of 135,01,44,401 Equity shares of Re. 1/- each.
The above information is a part of company’s filings submitted to BSE.