trending Market Intelligence /marketintelligence/en/news-insights/trending/lfmlerpc_ndbdz75svnvea2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

South Indian Bank plans rights issue

L.K. Bennett: Bankruptcy Case Study

State Of Singapore Online Video Subscription

Power Forecast Briefing: Capacity Shortfalls to Test the Renewable Energy Transition

Episode 43 - More Change, M&A On Horizon For Equity Research Industry


South Indian Bank plans rights issue

South Indian Bank Ltd. plans to issue equity shares on a rights basis.

The shares will be issued at a ratio of one share for every three shares held on a record date yet to be determined, the bank said in a Dec. 21 filing. The shares will be priced at 14 rupees per share, including a premium of 13 rupees per share.

The proposed issuance is subject to necessary approvals.

As of Dec. 21, US$1 was equivalent to 67.85 Indian rupees.