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South Indian Bank informs about board meeting

14 Dec 2016 Evaluate

South Indian Bank has informed that a meeting of the board of directors of the Bank will be held on December 21, 2016, to consider a proposal to augment the paid-up capital by issue of equity shares on rights basis. Further, the ‘Trading Window’ of the Bank’s equity shares will be closed from December 14, 2016 to December 23, 2016 in connection with the aforesaid. During this period, no trading shall be made in the Bank’s equity shares by the directors of the Bank and ‘designated employees’ as defined in the ‘Code of Conduct for Prevention of Insider Trading’ of the Bank.

The above information is a part of company’s filings submitted to BSE.