The South Indian Bank Limited — Others, 21-11-2024: Loss of Share Certificates

The South Indian Bank Ltd. has received notifications from Link Intime India Pvt. Ltd. regarding the loss or non-receipt of split share certificates by two shareholders, Mr. Lakshmanan R and Mr. Saravanam M, covering a total of 36,500 shares across multiple folios. The bank is coordinating with its Share Transfer Agents to categorize these folios under "Stop Transfer" and will issue duplicate share certificates upon completing necessary formalities.

This update underscores the bank's proactive measures to manage shareholder interests effectively, minimizing potential disruptions in share ownership. For investors, this indicates a commitment to maintaining transparency and operational integrity, enhancing overall confidence in the company's governance practices.