A meeting of the Board of Directors of South Indian Bank Ltd is scheduled on 15/06/2019, to consider and approve the borrowing / raising funds in Indian / foreign currency by issue of debt securities subject to regulatory approvals, as may be required.
The board will consider raising of funds by way of issuance of equity shares subject to regulatory approvals, as may be required.
The board will also consider proposal to modify the Memorandum and Articles of Association of the Bank subject to the approval of Reserve Bank of India and Shareholders of the Bank at the ensuing Annual General meeting.
Shares of SOUTH INDIAN BANK LTD. was last trading in BSE at Rs.13.66 as compared to the previous close of Rs. 13.67. The total number of shares traded during the day was 582888 in over 688 trades.
The stock hit an intraday high of Rs. 13.75 and intraday low of 13.35. The net turnover during the day was Rs. 7911695.