South Indian Bank has informed that the Nomination and Remuneration Committee of the Board by a resolution passed on February 01, 2016 has allotted 389,657 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 1,352,127,907 consisting of 1,352,127,907 Equity shares of Re 1 each.
The above information is a part of company’s filings submitted to BSE.