South Indian Bank allots new equity shares under ESOS

South Indian Bank, through its nomination and remuneration committee, allotted 106,226 equity shares to eligible grantees on December 24, 2025, under the SIB ESOS Scheme – 2008. This allotment followed the exercise of stock options and receipt of consideration.

The allotment comprised shares from four tranches. Tranche 13 involved 57,974 shares at an exercise price of INR 20.00. Tranche 14 saw 1,267 shares at INR 22.00. Tranche 15 allotted 40,670 shares at INR 27.14. Finally, Tranche 16 consisted of 6,315 shares at INR 24.95.

As a result of this allotment, the issued and subscribed capital of the bank has increased to INR 2,617,154,187.00, divided into 2,617,154,187 equity shares of INR 1/- each.