South Indian Bank has informed that the Compensation and Remuneration Committee of the Board by a resolution passed on May 05, 2013 has allotted 17,87,796 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.134,03,26,185 consisting of 134,03,26,185 Equity shares of Re.1 each.
The above information is a part of company’s filings submitted to BSE.
