South Indian Bank raises capital through ESOS share allotment

South Indian Bank Ltd. allotted 188,082 equity shares on November 25, 2025, to eligible grantees under its SIB ESOS Scheme – 2008. This allotment, made pursuant to SEBI regulations, involved three tranches.

Tranche 13 comprised 140,180 shares at an exercise price of Rs. 20.00, generating Rs. 28,03,600.00. Tranche 14 involved 3,502 shares at Rs. 22.00 per option, yielding Rs. 77,044.00. The final Tranche 15 accounted for 44,400 shares exercised at Rs. 27.14 per option, bringing in Rs. 12,05,016.00. All shares had a face value of Re. 1/-.

As a result of this allotment, the issued and subscribed capital of the bank has increased to Rs. 261,70,47,961.00, divided into 2,61,70,47,961 equity shares of Re. 1/- each. The bank has also published this information on its official website.