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South Indian Bank allots equity shares

Capital Market 

Under ESOS

announced that the Nomination and Remuneration Committee of the Board by a resolution passed on 29 November 2016 has allotted 4,500 Equity of face value Re. 1/- each pursuant to exercise of options granted under the Employees Stock Option Scheme (SIB ESOS - 2008). Post the above allotment, the paid-up Equity share capital of the would stand at Rs. 135,17,38,250/- consisting of 135,17,38,250 Equity of Re. 1/- each.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 29 2016. 16:43 IST