South Indian Bank Ltd rights issue to open on Feb 28, 2017

The Capital Planning & Infusion Committee of South Indian Bank Ltd by way of a resolution passed on February 20, 2017, has finalized the Issue opening and the Issue closing dates, including the last date of receipt of request for split application forms with respect to the proposed Issue.

The rights issue will open for subscription on February 28, 2017 and the last date for receipt of request of split application forms is March 7, 2017.

The issue will close for subscription on March 14, 2017.

Shares of SOUTH INDIAN BANK LTD. was last trading in BSE at Rs.20.8 as compared to the previous close of Rs. 20.7. The total number of shares traded during the day was 1185376 in over 1319 trades.

The stock hit an intraday high of Rs. 21.3 and intraday low of 20.7. The net turnover during the day was Rs. 24829327.

Source : Equity Bulls

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