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South Indian Bank allots equity shares

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Capital Market

Under ESOS

South Indian Bank announced that the Compensation and Remuneration Committee of the Board by a resolution passed on 11 November 2014 has allotted 22,13,200 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. 135,01,44,401/- consisting of 135,01,44,401 Equity shares of Re. 1/- each.

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First Published: Nov 11 2014 | 8:22 PM IST

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