South Indian Bank to hold 98th AGM on Aug 20 via VC/OAVM
South Indian Bank Ltd announced that its Board of Directors, in a meeting held on July 16, 2026, has decided to convene the 98th Annual General Meeting (AGM) on Thursday, August 20, 2026. The AGM will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with current regulations. The Register of Members and Share Transfer Books will be closed from August 14 to August 20, 2026, for the AGM, e-voting, and potential dividend declaration for the financial year ended March 31, 2026. The record date for dividend eligibility and e-voting is fixed as August 13, 2026. The board also approved seeking shareholder approval for raising funds up to ₹1,000 Crore, re-appointing a director, and appointing Sri. Mahesh Muralidhar Pai as MD & CEO.
Key Highlights
- 98th AGM scheduled for August 20, 2026, via VC/OAVM.
- Book closure for AGM, e-voting, and dividend from Aug 14-20, 2026.
- Record date set for August 13, 2026, for dividend and e-voting.
- Board to seek approval for raising up to ₹1,000 Crore.
- Proposed appointment of MD & CEO and re-appointment of a director.
Price Impact
More from SOUTHBANK