The South Indian Bank (SOUTHBANK) — Corporate Action

South Indian Bank allotted 72,488 equity shares on March 26, 2026 under its ESOS Scheme – 2008 across three tranches. Employees exercised options at prices ranging from ₹20 to ₹27.14, generating ₹15.95 lakhs in total consideration. The bank's issued capital increased to ₹261.76 crores comprising 26.18 crore shares of ₹1 each. This routine ESOP execution reflects ongoing employee compensation activities.

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About The South Indian Bank Limited (SOUTHBANK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹12,095.47 Cr P/E: 8.0 ROE: 13.2% ROCE: 55.5% Div Yield: 0.97%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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