The South Indian Bank Limited (SOUTHBANK) — Corporate Action | 26 March 2026

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📢 Key Event
South Indian Bank allotted 72,488 equity shares under ESOS Scheme – 2008 on March 26, 2026.

🔄 What Changed
Issued capital increased by ₹72.49 lakhs; share count increased by 72,488 shares representing ~0.03% dilution to existing equity base.

💡 Investor Takeaway
Routine ESOP allotment adds minimal dilution (~0.03%) while generating cash for the bank; no material impact on earnings per share or shareholder value.

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: ₹10,164.11 Cr P/E: 7.0

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

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