The South Indian Bank Limited has informed the Exchange about Copy of Newspaper Publication
SOUTHBANK · price
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South Indian Bank has published newspaper advertisements in Financial Express (All India edition) and Malayala Manorama (Thrissur edition) on July 28, 2025, informing shareholders about its 97th Annual General Meeting. The AGM will be held on Wednesday, August 20, 2025 at 11:00 a.m. IST via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The Board has recommended a dividend of 40%, i.e., Rs. 0.40 per equity share of face value Re. 1, for FY 2024-25, subject to shareholder approval. The record date for determining eligible shareholders is August 15, 2025, and the dividend, if approved, will be paid on or before September 18, 2025. Shareholders will receive electronic copies of the AGM notice and annual report via email; no physical copies will be dispatched unless specifically requested.
Shareholders should note the AGM date (August 20, 2025) to participate and vote, and update their bank account and email details with their depository participants or the Registrar (MUFG Intime India Pvt. Ltd.) to receive dividends and the AGM notice. The Re. 0.40 per share dividend signals a steady payout, and TDS will apply on the dividend amount as per Income Tax Act provisions.