Investor Presentaiton
Growth Capital in place
SOUTH
INDIAN Bank
Rights Issue Approved
Board of Directors at their meeting on December
21,2016 have approved issue of shares to the
existing shareholders of the Bank on Rights basis
Right Issue
approved by
Board
To Augment
Capital Base
To Augment Capital Base
Purpose of Rights issue is to augment the capital
base to support business expansion and meet
Bank's future capital requirements
Eligibility of
Rights
Issue Price
Issue Ratio
Rights issue to be in the ratio of 1:3 i.e one Equity
shares for every three Equity shares held on the
record date to be fixed later
Issue Price
The Rights Issue to be made at a price of Rs. 14/-
per equity share including premium of Rs. 13/- per
Equity share subject to necessary approvals
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