SOUTHBANKNSEThe South Indian Bank Limited· BanksMinimalNeutral
Announced Fri, 8 May · 14:25 IST

The South Indian Bank Limited has informed the Exchange about Copy of Newspaper Publication regarding opening of Special Window for Transfer andDematerialisation of Physical Securities.

SOUTHBANK · price

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Price reaction · full curve 14 horizons · vs prior close
-4.0%1-day move
₹41.85
prior close
₹41.02
base price
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AI summary

The South Indian Bank has published newspaper advertisements informing shareholders about a SEBI-mandated Special Window for transferring and dematerialising physical securities. The window opened on May 5, 2026 and will remain open until May 4, 2027 (approximately one year). The advertisements were published in Financial Express (All India, English) and Deepika (Thrissur, Malayalam) editions. Shareholders holding physical share certificates can use this window to convert them into demat form or transfer them. The bank's Registrar and Transfer Agent (RTA) is MUFG Intime India Pvt. Ltd., and investors can contact them for assistance with the process.

Likely market impact

This is a compliance measure and does not directly affect the bank's financials. However, it benefits shareholders holding physical share certificates by giving them a structured one-year window to convert to demat, which reduces risk of loss or fraud associated with physical certificates. It has no immediate impact on the bank's stock price.