Announced Thu, 16 Jul · 18:55 IST
South Indian Bank: AGM on Aug 20, Rs 1,000 Cr borrowing, new MD and CEO from Oct 1
Board & Shareholder Meetings View source PDF
SOUTHBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹45.35
prior close
₹45.53
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.5-2.3-2.1-2.9+2.0+4.7+5.9+4.7+2.5—————
Up moveDown movePending
AI summary
South Indian Bank board on July 16 set the 98th AGM for August 20 via video conferencing. Book closure August 14 to 20; record date August 13. Board approved raising up to Rs 1,000 crore through debt instruments including Tier II bonds on private placement. Also recommended Mahesh Muralidhar Pai as new MD and CEO for 3 years from October 1, 2026, and re-appointed independent director Lakshmi Ramakrishna Srinivas. Items need shareholder approval.
Likely market impact
Multiple items: Rs 1,000 Cr borrowing plan, new MD and CEO from October 1, 2026, and potential dividend. Key dates: record date August 13, AGM August 20.