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South Indian Bank informs about allotment of ESOP

23 Jan 2026 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 1,86,475 Equity Shares of the Bank on January 23, 2026 to eligible grantees upon exercise of stock options under SIB ESOS Scheme - 2008 and receipt of appropriate consideration.

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

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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