• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Kolkata , Aug. 5

SOUTH Indian Bank has proposed a rights issue of 1,19,19,480 equity shares of Rs 10 each at a premium of Rs 30 per share to the existing shareholders in the ratio of one equity share for every three shares held on the record date of July 23. The issue is expected to aggregate net sum of Rs 47.68 crore. ICICI Securities is the lead manager to the issue and Tata Consultancy Services Ltd has been selected as the registrar to the issue.

The issue opens on August 12, and closes on September 11.

More Stories on : Private Banks | Rights Issue

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Banks continue to have the cake and eat it too

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line