The South Indian Bank Ltd's MD and CEO not to seek reappointment

The Board of Directors of The South Indian Bank Ltd, in their meeting held today, i.e., March 28, 2023, considered the request of Mr. Murali Ramakrishnan, Managing Director & CEO, not to offer himself for re-appointment due to personal reasons/family circumstances, on completion of his current term i.e., up to September 30, 2023.

Shares of The South Indian Bank Limited was last trading in BSE at Rs. 16.54 as compared to the previous close of Rs. 16.69. The total number of shares traded during the day was 2343973 in over 3282 trades.

The stock hit an intraday high of Rs. 16.85 and intraday low of 16.49. The net turnover during the day was Rs. 38815967.00.

Source : Equity Bulls

Keywords

TheSouthIndianBank INE683A01023 MD CEO StepDown CurrentTerm