SOUTH INDIAN BANK LTD. - Updates

We hereby inform you that the Board of Directors of the South Indian Bank Ltd. at its meeting held today has decided to grant 1,50,000 options to Managing Director & CEO under the 9th Tranche of SIB ESOS - 2008 as approved by the Reserve Bank of India on the terms and conditions of appointment. No options were granted to Part-time Chairman and other non-executive Directors of the Bank. The brief particulars in compliance with SEBI circular CIR/CFD/CMD/4/2015 dt 09-09-2015 is annexed.