South Indian Bank has announced the allotment of 1,54,754 equity shares under its SIB ESOS Scheme-2008 on February 26, 2026. The allotment was approved by the bank's Nomination and Remuneration Committee and executed in compliance with SEBI regulations governing employee stock option schemes.

Share Allotment Details

The allotment comprised shares from three different tranches of the employee stock option scheme, each with distinct exercise prices and grant dates:

Capital Structure Impact

Following the share allotment, South Indian Bank's capital structure has been updated significantly. The bank's issued and subscribed capital now stands at Rs. 2,61,74,95,416.00, comprising 2,61,74,95,416 equity shares of Re. 1/- each.

Regulatory Compliance

The allotment was conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank also ensured compliance with the Securities and Exchange Board of India (Share Based Employee Benefit and Sweat Equity) Regulations, 2021.

The bank has fulfilled its disclosure obligations by informing both the National Stock Exchange of India Ltd. and BSE Ltd. about the allotment. Additionally, the information has been made available on the bank's official website for stakeholder access.

Employee Stock Option Scheme Framework

The SIB ESOS Scheme-2008 enables eligible employees to acquire equity shares at predetermined exercise prices. The recent allotment demonstrates the continued utilization of this scheme by employees, with exercise prices varying based on the grant date and market conditions at the time of grant. The scheme serves as an employee retention and motivation tool while providing employees with ownership participation in the bank's growth.

South Indian Bank has announced a scheduled analyst/investor meeting with Wellington Management, set to take place on February 23, 2026 in Singapore. The bank formally communicated this development to both the National Stock Exchange of India and BSE through an official notification dated February 18, 2026.

Meeting Details

The scheduled engagement represents a structured investor relations activity conducted under regulatory compliance requirements. The meeting specifics are outlined in the following format:

Regulatory Compliance

The notification has been issued pursuant to Regulation 30 (6) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about scheduled analyst and investor meetings to ensure transparency in corporate communications.

The bank has clarified that no unpublished price sensitive information will be shared during the meeting, adhering to regulatory guidelines that govern such interactions between listed companies and investment professionals.

Administrative Details

South Indian Bank's Company Secretary Jimmy Mathew signed the official communication, which was digitally authenticated on February 18, 2026. The bank has also made this information available on its official website at www.southindianbank.bank.in , ensuring broader accessibility for stakeholders.

The notification includes a standard disclaimer stating that the meeting schedule may change due to unforeseen exigencies on the part of either the investor or the bank, providing flexibility for operational adjustments if required.