Under ESOS
South Indian Bank announced that the Compensation and Remuneration Committee of the Board by a resolution passed on 13 May 2014 has allotted 2106350 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 134.60 crore consisting of 134,60,53,911 equity shares of Re 1 each.
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