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 notices in Financial Express (all editions) and Malayala Manorama (Thrissur edition) on July 30, 2025, informing shareholders about its 97th Annual General Meeting to be held on Wednesday, August 20, 2025 at 11:00 AM via Video Conferencing. The Board has recommended a dividend of 40%, i.e., Rs. 0.40 per equity share (face value Re. 1) for FY2024-25, subject to shareholder approval, with payment on or before September 18, 2025. The cut-off date to determine dividend eligibility and e-voting rights is August 13, 2025, and the Register of Members/Share Transfer Books will remain closed from August 14 to August 20, 2025. Remote e-voting will be open from 10:00 AM on August 16 to 5:00 PM on August 19, 2025, and the Annual Report dispatch via email was completed on July 29, 2025. The notice also reminds shareholders of SEBI's special window (July 7, 2025 to January 6, 2026) for re-lodging old physical share transfer requests.
Shareholders should ensure their shares are in the company's records by August 13, 2025 (cut-off date) to receive the Rs. 0.40 dividend and to vote at the AGM. No physical share movement can happen during the August 14-20 book closure window, so any buy/sell decisions should be settled before that. The modest 40% dividend signals a stable payout, and the AGM results around August 20 may influence short-term stock sentiment.