Dividend6 May 2026, 01:54 pm
South Indian Bank Recommends ₹0.45 Dividend for FY26
AI Summary
South Indian Bank Ltd's board approved audited financial results for the quarter and financial year ended March 31, 2026, and recommended a dividend of ₹0.45 per equity share (45%) for FY26, subject to shareholder approval. This is an increase from the previous year's dividend of ₹0.40 per share (40%). The board meeting commenced at 11:45 a.m. and the results were approved at 01.45 p.m. The Joint Statutory Auditors issued an unmodified opinion on the financial results.
Key Highlights
- South Indian Bank approved audited financial results for FY26.
- A dividend of ₹0.45 per share (45%) was recommended for FY26.
- The dividend is subject to shareholder approval at the AGM.
- Joint Statutory Auditors gave an unmodified opinion on results.
- Board meeting commenced at 11:45 a.m. and approved results at 01.45 p.m.
Price Impact
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