Key Quantitative Figures

  • Allotment of 11,14,858 (Eleven Lakhs Fourteen Thousand Eight Hundred and Fifty Eight) equity shares
  • Face value: Re. 1 per share
  • Post-allotment issued and subscribed capital: ₹2,61,93,01,068.00
  • Post-allotment total equity shares: 2,61,93,01,068 equity shares of Re. 1 each

Dates of Action

  • Allotment date: August 24, 2026
  • Disclosure date: August 24, 2026

Parties Involved

  • Issuer: South Indian Bank
  • Approving authority: Nomination and Remuneration Committee of the Board
  • Recipients: Eligible grantees under SIB ESOS Scheme - 2008
  • Regulatory references: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 30) and SEBI (Share Based Employee Benefit and Sweat Equity) Regulations, 2021

Purpose/Rationale

Allotment made upon exercise of stock options by eligible grantees under SIB ESOS Scheme - 2008 and receipt of appropriate consideration.

Capital Structure Impact

  • Increase in issued and subscribed share capital from previous undisclosed amount to ₹261.93 crore
  • Increase in total number of equity shares from previous undisclosed amount to 2,619,301,068 shares
  • Dilution impact not quantified in the disclosure

Authentication

  • Disclosed by: Jimmy Mathew, Company Secretary
  • Digital signature date: August 24, 2026 at 11:48:23 IST
  • Reference number: SEC/ST.EX.STT/83/2026-27