South Indian Bank AGM 2026: dates, ₹0.45 dividend

What the latest disclosure is about

The South Indian Bank Ltd. has published a newspaper advertisement confirming the dispatch of notices for its 98th Annual General Meeting (AGM) and outlining key shareholder timelines for voting and dividend eligibility. The AGM is scheduled for Thursday, August 20, 2026, and will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in line with applicable regulatory guidelines.

Alongside the AGM-related disclosure, the bank has also indicated it will hold investor meetings at the Nirmal Bang Semi-Annual Investor Conference on August 10, 2026. For investors tracking near-term governance items and capital plans, the AGM agenda and the conference date are the two near-term milestones highlighted.

AGM date, mode, and deemed venue

According to the bank’s notice and related disclosures, the 98th AGM will be held on August 20, 2026 via VC/OAVM. The time is specified as 11:00 AM (IST). The notice also states Thrissur, Kerala will be deemed as the venue for the meeting.

The bank’s Board of Directors had decided on the AGM schedule in a meeting held on July 16, 2026. The subsequent advertisement and exchange filing were made pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dispatch of AGM notice and access to annual report

The newspaper advertisement confirms dispatch of the AGM notice and the Annual Report for the financial year 2025-26. Electronic copies were sent to shareholders by July 27, 2026.

The bank also noted that it uploaded the FY2025-26 Annual Report, including the Business Responsibility and Sustainability Report, on its website. It also made the details available on the NSDL portal for shareholders who have not registered their email addresses, enabling access to the AGM-related documents.

Dividend proposal: ₹0.45 per share and record date

The Board of Directors has recommended a final dividend of 45%, which translates to ₹0.45 per equity share of face value ₹1 each, for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the AGM.

The advertisement sets Thursday, August 13, 2026 as the cut-off date for determining eligibility for the final dividend and voting rights. If shareholders approve the recommendation, the dividend will be paid on or before September 18, 2026.

Remote e-voting window and shareholder timelines

The bank has provided clear remote e-voting timings for shareholders who plan to vote electronically ahead of the AGM. Remote e-voting opens on Sunday, August 16, 2026 at 10:00 AM (IST) and closes on Wednesday, August 19, 2026 at 5:00 PM (IST).

It also stated that the Register of Members and Share Transfer Books will remain closed from Friday, August 14, 2026 to Thursday, August 20, 2026 (both days inclusive). This closure is in compliance with Section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI (LODR) Regulations, 2015.

FY26 profit cited in the notice

The AGM is set to consider matters including adoption of accounts for the year ended March 31, 2026. The notice references a record net profit of ₹1,455.14 crore for FY26.

Separately, the same notice summary also mentions that the FY 2025-26 net profit of ₹1,455.14 crore was up 11.7% year on year. It further cites gross NPA at 1.43% and Basel III CRAR at 19.66%.

Key resolutions: MD & CEO appointment and Tier-II fundraising plan

Among the key agenda items is the appointment of Mahesh Muralidhar Pai as Managing Director and Chief Executive Officer (MD & CEO) for a three-year term starting October 1, 2026, subject to Reserve Bank of India (RBI) approval. The notice also states that the RBI has approved the appointment, as cited in the bank’s communication.

Shareholders will also vote on a proposal to raise funds up to ₹1,000 crore through debt instruments, including Tier-II capital bonds, to enhance capital adequacy. The proposal is stated to be subject to regulatory approvals.

Investor meetings at Nirmal Bang conference

In addition to AGM-related items, the bank will hold investor meetings at the Nirmal Bang Semi-Annual Investor Conference on August 10, 2026. This provides an additional forum for institutional investors and analysts to engage with the bank around the same period as AGM-related disclosures and annual report publication.

Timeline: key dates investors should track

Summary table: main numbers and proposals

Market impact: what this changes for shareholders

The disclosure is primarily operational for shareholders, because it fixes the record date, e-voting window, and book closure period. For dividend-focused investors, August 13, 2026 is the key eligibility date, while the payment timeline extends to September 18, 2026 if approved.

On governance, the proposed MD & CEO appointment from October 1, 2026 is a central resolution, along with the fundraising approval sought for up to ₹1,000 crore through Tier-II and other debt instruments. These items typically matter for capital planning and leadership continuity, but the outcomes remain subject to shareholder voting at the AGM and any applicable regulatory processes.

Why the agenda matters in context

Holding the AGM via VC/OAVM and publishing details through newspapers and online portals reflects the compliance-driven nature of AGM communication under SEBI (LODR) requirements. The bank’s use of the NSDL portal for shareholders without registered email addresses also aligns with the need to maintain access to statutory documents.

The combination of a dividend proposal, leadership appointment, and potential capital issuance makes the AGM relevant beyond routine adoption of accounts. The investor meetings scheduled for August 10, 2026 also fall in the same window, when investors typically seek clarity on operating performance, balance sheet positioning, and priorities stated in the annual report.

Conclusion

South Indian Bank’s latest AGM advertisement sets the operational calendar for shareholders ahead of the August 20, 2026 meeting, including the August 13 record date, August 16-19 remote e-voting window, and the proposed ₹0.45 per share dividend. The AGM agenda also includes the proposed MD & CEO appointment effective October 1, 2026 and approval to raise up to ₹1,000 crore via debt instruments including Tier-II bonds. The next confirmed dates on the calendar are the August 10 investor meetings at the Nirmal Bang conference and the remote voting window leading into the AGM.