South Indian Bank Adverse Business Impact
South Indian Bank informed the exchange regarding a proposed bank strike from September 28, 2026, to September 30, 2026, called by the United Forum of Bank Unions.
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South Indian Bank informed the exchange regarding a proposed bank strike from September 28, 2026, to September 30, 2026, called by the United Forum of Bank Unions.
The South Indian Bank Limited has allotted 2,02,639 equity shares to employees upon the exercise of stock options under the SIB ESOS – 2008 scheme.
South Indian Bank allotted 2,02,639 equity shares under its ESOS Scheme-2008 following the exercise of stock options. This allotment results in ₹0.43 Crore of consideration.
South Indian Bank announced the opening of a new branch in Hebbal, Bangalore on September 24, 2026. This expansion increases the bank's physical footprint in the Karnataka region.
South Indian Bank has opened a new branch in Patamata, Andhra Pradesh. This expansion increases the bank's physical presence.
South Indian Bank has appointed Mr. Mahesh Muralidhar Pai as Officer on Special Duty from September 16, 2026, ahead of his MD & CEO role.
South Indian Bank informed the exchanges about a proposed nationwide bank strike called by the United Forum of Bank Unions on September 11, 2026.
Mr. Mazhuvancheri George Korah, Non-Executive Independent Director of South Indian Bank, will retire effective August 30, 2026, upon completion of his tenure.
The South Indian Bank Limited announced that Mr. Sivaraman K, Senior General Manager, has opted for voluntary retirement effective September 5, 2026.
South Indian Bank granted 27,36,230 employee stock options (ESOS) to eligible employees under Tranche 21. This grant functions as non-cash variable incentive pay.
The South Indian Bank Limited concluded its 98th Annual General Meeting on August 20, 2026. Shareholders approved all agenda items, including dividend and director appointments.
South Indian Bank Ltd has announced the opening of a new branch at Panoor, Kannur, Kerala. The branch commenced its commercial operations on August 17, 2026.
South Indian Bank Ltd announced the opening of five new branches in Kerala, effective August 17, 2026. This expansion broadens the bank's operational network.