South Indian Bank Ltd grants Options (Tranche 7) under SIB ESOS-2008

The Board of Directors of South Indian Bank Ltd at its meeting held on March 27, 2015, has decided to grant 22,26,500 options to eligible employees including Managing Director & CEO under the 7th Tranche of SIB ESOS - 2008. No options were granted to Part-time Chairman and other non executive Directors of the Bank.

Shares of SOUTH INDIAN BANK LTD. was last trading in BSE at Rs.25.3 as compared to the previous close of Rs. 24.85. The total number of shares traded during the day was 278143 in over 978 trades.

The stock hit an intraday high of Rs. 25.45 and intraday low of 25. The net turnover during the day was Rs. 7033143.

Source : Equity Bulls

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