Announced Mon, 27 Jul · 15:24 IST
South Indian Bank allots 120147 shares under ESOS 2008 scheme
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SOUTHBANK · price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹46.50
prior close
₹47.90
base price
In-mkt
timing
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AI summary
South Indian Bank has allotted 120147 equity shares under the SIB ESOS 2008 employee stock option scheme on July 27 2026. Shares were exercised from three tranches at prices of Rs 20.00, Rs 22.00 and Rs 27.14 per share, generating about Rs 27.39 lakh in total. The bank issued and subscribed capital has risen to Rs 261.82 crore, now comprising about 261.82 crore equity shares of Re 1 each.
Likely market impact
Minor equity dilution from ESOP exercise. Share capital rises to about 261.82 crore shares of Re 1 each.