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The South Indian Bank LimitedOthers, 31-07-2025: ESOP/ESOS/ESPS

31-07-2025 | 06:17 pm

South Indian Bank's Nomination and Remuneration Committee has allotted 1,87,668 new equity shares. These shares were issued to employees who exercised stock options under the company's ESOS Scheme – 2008, bringing in over Rs. 0.19 crore for the bank. This issuance increases the bank's total issued and subscribed capital to over Rs. 261.65 crore, comprising 2,616,527,608 equity shares. This indicates share dilution but also a capital infusion and an effort towards employee retention.

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