The South Indian Bank Limited — Others, 20-08-2025: Shareholders meeting

The South Indian Bank's 97th Annual General Meeting saw shareholders approve key proposals. They adopted the standalone and consolidated financial statements for the year ended March 31, 2025, and sanctioned a dividend of ₹0.40 per equity share (40%) for FY25. Critically, approval was granted to raise funds up to 1,000 Cr via Tier-II bonds/debentures on a private placement basis, enhancing the bank's capital strength. Shareholders also approved the re-appointment of directors Benny P Thomas and R A Sankara Narayanan, along with the appointment of joint statutory auditors and secretarial auditors. Amendments to the Employee Stock Option Scheme were also passed.