The South Indian Bank Limited — Others, 26-05-2025: ESOP/ESOS/ESPS
26-05-2025 | 05:03 pm
26-05-2025 | 05:03 pm
South Indian Bank has announced a board meeting on the financial results for the quarter and half-year. The bank’s Nomination and Remuneration Committee allotted 13,228 equity shares under the SIB ESOS Scheme – 2008 to eligible employees at exercise prices of Rs. 20 and Rs. 22 per option. This raised the bank’s issued equity capital to 261.63 crore shares of Re.1 each, highlighting ongoing employee incentive alignment and a modest increase in the equity base, signaling confidence in the bank’s growth outlook.
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