BSECompany Update23h ago · 24 Sept 2026, 07:42 pm
Intimation under Regulation 30 of the SEBI(LODR) Regulations,2015- Allotment of Equity Shares under SIB ESOS Scheme-2008
South Indian Bank Ltd · 532218
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South Indian Bank Ltd has allotted 2,02,639 equity shares under SIB ESOS Scheme-2008 to eligible grantees upon exercise of stock options.
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Governance Concern1/10
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South Indian Bank Ltd - 532218 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
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DEPT : SECRETARIAL
REF. No.: SEC/ST.EX.STT/100/2026-27
DATE : September 24, 2026
National Stock Exchange of India Ltd., BSE Ltd.
Exchange Plaza, 5th Floor, Department of Corporate Services (Listing),
Plot No.C/1, G Block, First Floor, New Trading Wing,
Bandra-Kurla Complex, Bandra (E), Rotunda Building, P J Towers,
Mumbai – 400 051. Dalal Street, Fort, Mumbai – 400 001.
SCRIP CODE: SOUTHBANK SCRIP CODE: 532218
Dear Madam/Sir,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 - Allotment of Equity Shares under SIB ESOS Scheme – 2008
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulation, 2015 and subject to the provisions of the Securities and Exchange Board of India
(Share Based Employee Benefit and Sweat Equity) Regulations, 2021 and in accordance with SIB ESOS Scheme
- 2008, we hereby inform you that the Nomination and Remuneration Committee of the Board has allotted
2,02,639 (Two Lakhs Two Thousand Six Hundred and Thirty Nine Only) Equity Shares of the Bank on
September 24, 2026 to eligible grantees upon exercise of stock options under SIB ESOS Scheme – 2008 and
receipt of appropriate consideration.
Details of Grant No. of shares Face Value Exercise Price Total Amount
Received
Tranche 13 granted under SIB 1,53,671 Re. 1/- Rs. 20.00/- Rs.30,73,420.00
ESOS – 2008 on July 31, 2023 at Rs.
20.00 per option.
Tranche 14 granted under SIB 14,448 Re. 1/- Rs. 22.00/- Rs.3,17,856.00
ESOS – 2008 on May 02, 2024 at
Rs. 22.00 per option.
Tranche 15 granted under SIB 34,520 Re. 1/- Rs. 27.14/- Rs.9,36,872.80
ESOS – 2008 on July 30, 2024 at Rs.
27.14 per option.
Total 202639
Consequently, as on September 24, 2026 the Issued and Subscribed Capital of Bank stands increased to
Rs.2,61,95,03,707.00 divided into 2,61,95,03,707 Equity Shares of Re.1/- each.
The aforesaid information is also being hosted on the website of the Bank www.southindianbank.bank.in
Kindly take the same in your records.
Yours faithfully,
(JIMMY MATHEW)
COMPANY SECRETARY
The South Indian Bank Ltd., Regd. Office: Thrissur, Kerala
Head Office: S.I.B. House, T.B. Road, P.B. No: 28, Thrissur - 680001, Kerala
(Tel) 0487-2420 020, (Fax) 91 487-244 2021, e-mail: sibcorporate@sib.bank.in
CIN: L65191KL 1929PLC001017, Toll Free (India) 1800-102-9408, 1800-425-1809 (BSNL)
www.southindianbank.bank.in