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South Indian Bank informs about allotment of equity shares

24 Mar 2025 Evaluate
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 and subject to the provisions of the Securities and Exchange Board of India (Share Based Employee Benefit and Sweat Equity) Regulations, 2021 and in accordance with SIB ESOS Scheme - 2008, South Indian Bank has informed that the Nomination and Remuneration Committee of the Board has allotted 3131 (Three thousand One hundred and Thirty One only) Equity shares of the Bank on March 24, 2025 to eligible grantees upon exercise of stock options under SIB ESOS Scheme - 2008 and receipt of appropriate consideration. Consequently, as on March 24, 2025 the issued and Subscribed Capital of Bank stands increased to Rs 261,63,01,291 divided into 261,63,01,291 Equity Shares of Re 1 each. The aforesaid information is also being hosted on the website of the Bank www.southindianbank.com.

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

South Indian Bank Share Price

38.95 0.17 (0.44%)
17-Apr-2026 16:59 View Price Chart
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