South Indian Bank is a private sector bank that offers various banking services for personal and business customers. The bank was founded in 1929 and is headquartered in Thrissur, Kerala. The bank has a network of 948 branches and 1304 ATMs across India.
DETAILS:
| Particulars | Details |
|---|---|
| Type of Issue: | Rights Issue |
| Issue Price: | ₹ 22/- Per Share |
| Rights Issue Ratio: | 1:4 (1 Rights Equity Share(s) for every 4 fully paid-up Equity Shares) |
| Face value of Share: | ₹ 1/- |
| Record Date: | 27/02/2024 |
| Bid/Offer Opening Date: | 06/03/2024 |
| Bid/Offer Closing Date: | 20/03/2024 |
| Terms of Payment: | The Rights Issue Price of Rs.22/- per Equity Share (including premium of Rs.21/- per Equity Share) payable on application. |
Tags:
Rights Issue