South Indian Bank Ltd allots 15475 Equity Shares pursuant to exercise of options granted under SIB ESOS-2008

The Compensation and Remuneration Committee of the Board of South Indian Bank Ltd by a resolution passed on May 05, 2015 has allotted 15,475 Equity Shares of face value Re.1/- each pursuant to exercise of options granted under the South Indian Bank Employees Stock Option Scheme (SIB ESOS 2008). Post the above allotment, the paid-up Equity share capital of the Bank would stand at Rs. 135,01,67,511/- consisting of 135,01,67,511 Equity shares of Re.1/- each.

Shares of SOUTH INDIAN BANK LTD. was last trading in BSE at Rs.23.75 as compared to the previous close of Rs. 23.25. The total number of shares traded during the day was 5037892 in over 1409 trades.

The stock hit an intraday high of Rs. 24.05 and intraday low of 23.35. The net turnover during the day was Rs. 118815469.

Source : Equity Bulls

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