StockWatch
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Private Sector Bank
Dividend6 May 2026, 02:17 pm

South Indian Bank Recommends ₹0.45 Dividend for FY26

AI Summary

South Indian Bank Ltd has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors recommended a dividend of ₹0.45 per equity share (45%) for FY26, subject to shareholder approval, an increase from ₹0.40 per share (40%) in the previous year. The results, along with the audit report, were approved on May 6, 2026, following review by the Audit Committee. The Joint Statutory Auditors issued an unmodified opinion on the financial results.

Key Highlights

  • South Indian Bank declared audited financial results for FY26.
  • Board recommends a dividend of ₹0.45 per share (45%) for FY26.
  • Dividend recommendation is subject to shareholder approval.
  • Auditors gave an unmodified opinion on the financial results.
  • Board approved results on May 6, 2026, after Audit Committee review.