The South Indian Bank Limited — Board Meeting, 17-07-2025: Outcome of Board Meeting

South Indian Bank's board has announced key plans. The 97th Annual General Meeting (AGM) is slated for August 20, 2025. For any dividend, the record date is August 13, with book closure August 14-20. The bank aims to raise up to 1,000 Cr via debt instruments, subject to shareholder approval. The board also proposed tweaks to the employee stock option scheme. Furthermore, shareholder vote will be sought for new Secretarial Auditors and the re-appointments of Director Benny P Thomas and Independent Director R A Sankaranarayanan. All decisions await AGM approval.