South Indian Bank Ltd Share Price – NSE /  BSE

Banks, Small Cap

South Indian Bank has allotted 1,54,754 equity shares under ESOS on 26 February 2026. Consequently, the paid up equity share capital of the Bank stands increased to Rs. 2,61,74,95,416.00 divided into 2,61,74,95,416 equity shares of Re.1/- each.

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South Indian Bank announced that Marginal Cost of Funds Based Lending Rates (MCLR) applicable for multiple tenors has been revised w.e.f. 20 February 2026 as follows:

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Hindustan Zinc Ltd, Hindustan Copper Ltd, Vedanta Ltd and National Aluminium Company Ltd are among the other losers in the BSE's 'A' group today, 30 January 2026.

South Indian Bank Ltd lost 15.04% to Rs 37.61 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 158.03 lakh shares were traded on the counter so far as against the average daily volumes of 30.68 lakh shares in the past one month.

Hindustan Zinc Ltd tumbled 11.49% to Rs 633.4. The stock was the second biggest loser in 'A' group.On the BSE, 33 lakh shares were traded on the counter so far as against the average daily volumes of 12.64 lakh shares in the past one month.

Hindustan Copper Ltd crashed 10.59% to Rs 678.8. The stock was the third biggest loser in 'A' group.On the BSE, 127.5 lakh shares were traded on the counter so far as against the average daily volumes of 50.37 lakh shares in the past one month.

Vedanta Ltd corrected 10.00% to Rs 689.5. The stock was the fourth biggest loser in 'A' group.On the BSE, 21.39 lakh shares were traded on the counter so far as against the average daily volumes of 12.49 lakh shares in the past one month.

National Aluminium Company Ltd plummeted 9.09% to Rs 389.95. The stock was the fifth biggest loser in 'A' group.On the BSE, 31.17 lakh shares were traded on the counter so far as against the average daily volumes of 13.58 lakh shares in the past one month.

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In a regulatory filing, the bank said Seshadri has decided to pursue personal interests after completing his tenure, which runs until 30 September 2026. He will continue in office until then.

The board said it has initiated the process to identify a successor and will complete the appointment after obtaining approvals from the Reserve Bank of India and shareholders.

The sharp sell-off reflected investor concerns over leadership transition. Seshadri's decision not to seek reappointment comes just two weeks after South Indian Bank posted its highest-ever quarterly net profit for the December 2025 quarter.

Net profit after tax rose 9.5% YoY to Rs 374 crore in Q3 FY25, compared with Rs 342 crore in the year-ago period. Profit before tax stood at Rs 504 crore, up 8.8% YoY. Operating profit increased 10.5% YoY to Rs 584 crore, supported by stable core income and higher other income. Net interest income inched up 1.3% YoY to Rs 881 crore, while other income jumped 18.8% YoY to Rs 486 crore, providing an added boost to profitability.

South Indian Bank is a leading Kerala-based private sector bank with a nationwide presence. It has 948 branches, 2 Ultra Small Branches, 3 Satellite branches, 1143 ATMs and 126 CRMs across India, and a representative office in Dubai, UAE.

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