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South Indian Bank allots equity shares

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Capital Market
Last Updated : Aug 01 2016 | 6:28 PM IST

Under ESOS

South Indian Bank announced that the Nomination and Remuneration Committee of the Board by a resolution passed on 01 August 2016 has allotted 3,00,114 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. 135,06,17,260/- consisting of 135,06,17,260 Equity shares of Re. 1/- each.

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First Published: Aug 01 2016 | 6:04 PM IST

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