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Mar 6, 2024 · Steps to apply for The South Indian Bank Rights Issue 2024 using Net Banking (ASBA) Log in to the net banking account of your bank. Go to the 'IPO & Rights Issue' section. Check if the The South Indian Bank Rights Issue 2024 available on the list. Click the Apply button next to the The South Indian Bank Rights Issue 2024.
Learn all about the South Indian Bank Rights Issue 2024. Get to know about how to apply for the rights issue, where to apply and the applications form for the rights issue.
Apr 1, 2024 · The South Indian Bank Rights issue date is fixed, the rights issue is to open on March 6, 2024 and will close on March 20, 2024. The The South Indian Bank Rights issue record date is February 27, 2024. The company is to offer 523,185,254 Crores equity shares at a price of ₹22 per share.
South Indian Bank. Rights Issue 2024. The Board of Directors of the Bank at their meeting held on December 27, 2023, approved the offer and issuance of fully paid-up equity shares of the Bank (the “Rights Equity Shares”) for an amount not exceeding Rs 1,750 crore, by way of a rights issue (“Rights Issue”), in accordance with the ...
issue of up to 52,31,85,254 equity shares of face value of ₹1 each of our bank (the “rights equity shares”) for cash at a price of ₹22 per rights equity share (including a premium of ₹21 per rights equity share) aggregating up to ₹1151.01 crore* on a rights basis to the eligible equity shareholders of our bank in the ratio of 1 rights
Feb 27, 2024 · The South Indian Bank Limited is offering a rights issue to the extent of Rs 1151 Cr. The subscription period for this rights issue will be open from 06 Mar 2024 to 20 Mar 2024. The company issues entitlement of 01 Rights equity shares for every fully paid-up 04 equity shares held on the record date of 27 Feb 2024.
Mar 6, 2024 · The South Indian Bank Rights Issue 2024 with an issue size of 52.32 Crores shares subscribed 1.44 times. Check for day-wise subscription details.
