South Indian Bank Ltd (SOUTHBANK) — Board Meeting | 25 September 2026

25 September 2026 · BSE 🟡 Notable Neutral

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

📢 Key Event

Board approves 5,30,916 ESOP options for CEO

🔄 What Changed

5,30,916 options granted to CEO under ESOS 2008

💡 Investor Takeaway

CEO receives performance-linked equity compensation without cash outflow.

The Board of South Indian Bank approved 5,30,916 stock options for Managing Director & CEO P R Seshadri under the ESOS 2008 scheme, vesting in tranches over three years, with an exercise price of Rs 23.54 per share reflecting a 50% discount to the NSE closing price of Rs 47.08 on September 23, 2026, as mandated by RBI approval and SEBI regulations.

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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 — 26 September 2026South Indian Bank announced a proposed three-day strike by bank union employees from September 28 to...
🔴 Announcement — 24 September 2026South Indian Bank announced the opening of a new branch in Hebbal, Bangalore, effective September 24...
🔴 Corporate Action — 24 September 2026South Indian Bank announced the allotment of 202,639 equity shares under its ESOP scheme on Septembe...
🔴 Announcement — 23 September 2026South Indian Bank held an analyst and investor meeting on September 23, 2026, featuring one-on-one s...
🔴 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.

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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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