South Indian Bank has informed that the Capital Planning & Infusion Committee of the Board by a resolution passed today has allotted 450,708,052 Equity Shares of face value Re 1 each pursuant to Rights Issue of shares of the Bank. Post the above allotment, the paid-up Equity share capital of the Bank would stand at Rs 1,802,835,959 consisting of 1,802,835,959 Equity shares of Re 1 each.
The above information is a part of company’s filings submitted to BSE.