The South Indian Bank Limited has informed the Exchange regarding Allotment of 187668 Shares.
SOUTHBANK · price
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South Indian Bank has allotted 1,87,668 equity shares of Re. 1 face value to eligible employees under its SIB ESOS Scheme 2008 on July 31, 2025. The shares were exercised across three tranches: 1,59,669 shares from Tranche 11 at Rs. 8.35 per share, 22,760 shares from Tranche 13 at Rs. 20 per share, and 5,239 shares from Tranche 14 at Rs. 22 per share. The bank received a total of about Rs. 19.04 lakh as exercise consideration. After this allotment, the bank's issued and subscribed share capital has increased to Rs. 261.65 crore divided into 2,61,65,27,608 equity shares.
This is a routine ESOP allotment and a small dilution (less than 0.01% increase in share count). Existing shareholders should not see any meaningful impact on stock price or earnings per share from this transaction.