The board of directors of South Indian Bank will meet on Tuesday to consider the unaudited financial results for the quarter ending December 31, 2017. The bank’s board will also consider a proposal to augment its paid-up capital via an issue of equity shares or other securities convertible into equity shares, through one or more modes through preferential allotment, qualified institutional placement, rights issue or public issue, for an amount not exceeding ₹20 crore.
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