South Indian Bank allots equity shares

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Capital Market
Last Updated : Nov 29 2016 | 5:01 PM IST

Under ESOS

South Indian Bank announced that the Nomination and Remuneration Committee of the Board by a resolution passed on 29 November 2016 has allotted 4,500 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. 135,17,38,250/- consisting of 135,17,38,250 Equity shares of Re. 1/- each.

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First Published: Nov 29 2016 | 4:43 PM IST

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