The South Indian Bank Limited — Important, 30-12-2024: Updates

The South Indian Bank Ltd. has provided an update regarding upcoming interest and redemption payments for its bondholders in the January to March 2025 quarter. Notably, for the bond with ISIN INE683A08051, the record date for the call option/exercise of interest payment is set for January 9, 2025, with a payment due on January 24, 2025. Additionally, for the bond with ISIN INE683A08028, the record date is March 17, 2025, and the interest payment will be made on April 2, 2025, due to the preceding dates being non-business days. The bank is preparing to ensure that these payments are processed timely in compliance with the relevant terms and regulatory framework. Watch closely for these payments as they impact bondholder returns.