South Indian Bank Ltd - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

We hereby inform you that the Nomination and Remuneration Committee of the Board by a resolution passed today has allotted equity shares pursuant to exercise of options granted under the South Indian Bank Employees Stock Option Scheme (SIB ESOS - 2008) as details follow:
No of Shares -40,000
Face Value - Re.1/-
Issue Price-Rs21.65/-
Total Amount Received-Rs 8,66,000/-
Post the above allotment, the paid-up Equity share capital of the Bank would stand at Rs. 180,97,22,151/-consisting of 180,97,22,151 Equity shares of Re.1/- each.). These shares are pari-passu in all respects with the existing shares.

Pdf Link: South Indian Bank Ltd - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Source : BSE - www.bseindia.com

Published on August 05, 2019
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