The 98th Annual General Meeting (AGM) will be held on Thursday, August 20, 2026 through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
The meeting will comply with Companies Act, 2013 and relevant MCA and SEBI circulars
Register of Members and Share Transfer Books will remain closed from Friday, August 14, 2026 to Thursday, August 20, 2026 (both days inclusive) for AGM, E-voting and Dividend purposes
Record Date for Dividend and E-voting
Thursday, August 13, 2026 fixed as Record Date for determining members eligible to receive dividend on equity shares for FY ended March 31, 2026, if declared
Same date (August 13, 2026) fixed as cut-off date for remote e-voting/e-voting during AGM to ascertain eligible shareholders
Fundraising Approval
Board approved borrowing/raising funds up to ₹1,000.00 Crore (Rupees One Thousand Crore Only)
Funds to be raised through issuance of debt instruments including:
Non-convertible debentures
Bonds (including Tier II capital bonds subject to RBI Basel III regulations)
Medium-Term Notes (MTN)
Long-term infrastructure bonds
Other securities permitted by RBI
Fundraising may be in Indian or equivalent foreign currency
May be raised in domestic and/or overseas markets
On private placement basis
Valid for one year from date of approval (July 16, 2026)
May be raised in one or more tranches/series
May use one or more shelf disclosure documents/letters of offer
Terms including price, coupon, premium, discount, tenor to be determined per agreed structure
Subject to RBI and regulatory limits
Within overall borrowing limits of the Bank
Requires shareholder approval via Special Resolution at forthcoming AGM
Director Appointments and Reappointments
Recommended reappointment of Sri. Dolphy Jose (DIN: 10682246) who retires by rotation under Section 152 of Companies Act, 2013
Recommended appointment of Sri. Mahesh Muralidhar Pai (DIN: 09164982) as Managing Director & Chief Executive Officer
Term: Three years from October 1, 2026 to September 30, 2029
Terms and conditions of appointment including remuneration subject to shareholder approval
Recommended reappointment of Smt. Lakshmi Ramakrishna Srinivas (DIN: 10365580) as Independent Director
Second term of five consecutive years
Effective from November 20, 2026
Not liable to retire by rotation
Requires shareholder approval at AGM
Additional Information
Board meeting duration: 11:00 a.m. to 18:40 p.m.
Particulars required under Schedule III of SEBI LODR Regulations will be submitted after shareholders' approval
Intimation available on bank website: www.southindianbank.bank.in
Disclosed under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
