Newspaper publication regarding transfer of equity shares of the Bank to the Investor Education and protection Fund(IEPF).
SOUTHBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
South Indian Bank has informed stock exchanges about newspaper advertisements published on May 13, 2026, regarding the transfer of equity shares to the IEPF. The notifications appeared in Financial Express (All Editions) and Deepika (All Kerala Edition). This filing is made under SEBI LODR Regulations 30 & 47, which mandate disclosure of IEPF-related share transfers. The bank has also hosted this information on its website. IEPF transfers typically involve shares of shareholders who have not claimed dividends for seven consecutive years.
This is a routine compliance matter with minimal direct impact on the stock. However, shareholders who have unclaimed dividends for over 7 years risk their shares being transferred to IEPF, from where they can still be claimed through a formal process.