South Indian Bank Ltd (SOUTHBANK) — Corporate Action | 24 September 2026

24 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Allotment of 202,639 ESOP shares on September 24, 2026

🔄 What Changed

Issued capital increased to Rs.2,61,95,03,707

💡 Investor Takeaway

Shareholders will see diluted holdings due to new share issuance.

South Indian Bank announced the allotment of 202,639 equity shares under its ESOP scheme on September 24, 2026, increasing issued capital to Rs.2,61,95,03,707. The shares were issued at Rs.20, Rs.22, and Rs.27.14 per option across three tranches, with total consideration of Rs.30,73,420, Rs.3,17,856, and Rs.9,36,872.80 respectively.

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About South Indian Bank Ltd (SOUTHBANK)

Financial Services · Banks · Listed on BSE

Market Cap: ₹12,739.51 CrP/E: 8.4ROE: 13.2%ROCE: 55.5%Div Yield: 0.92%

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📊 More SOUTHBANK filings

🔴 Announcement — 29 September 2026South Indian Bank held an analyst meeting on September 29, 2026, to discuss its business outlook and...
🔴 Announcement — 26 September 2026South Indian Bank announced a proposed three-day strike by bank union employees from September 28 to...
🟡 Board Meeting — 25 September 2026The Board of South Indian Bank approved 5,30,916 stock options for Managing Director & CEO P R Sesha...
Announcement — 25 September 2026South Indian Bank announced the closure of its insider trading window effective October 1, 2026, thr...
🔴 Announcement — 23 September 2026South Indian Bank announced the opening of a new branch in Vridhachalam, Cuddalore district, Tamil N...

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

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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