| Listing of new debt securities of South Indian Bank Ltd. |
Trading Members of the Exchange are hereby informed that with effect from Friday, March 29, 2019, the under mentioned new securities issued by South Indian Bank Ltd. on private placement basis shall be listed and admitted to dealings on the Exchange in the list of F GROUP - DEBT INSTRUMENTS
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1) Securities Description
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Rated, Unsecured, Redeemable, Non-Convertible, Basel III compliant Tier 2 Bonds, for inclusion in Tier 2 capital of the Bank in the nature of Debentures Series 11.75% SIB Basel III Tier 2 Bonds – June 2029 issued on private placement basis of Rs.10,00,000/- each fully paid up.
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Quantity
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25000
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Market Lot
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10
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Scrip Code
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958670
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Scrip ID on the Bolt System
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1175SIBL29
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Detail Name on the Bolt System
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SIBL-11.75%-26-6-29-PVT
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ISIN Number
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INE683A08044
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Credit Rating
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CARE A+, IND AA+
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Face Value
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Rs.1,00,000/-
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Paid up Value
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Rs.1,00,000/-
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Rate of Interest
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11.75%
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Date(s) of Payment of Interest
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Half Yearly 26/09/2019 To 26/06/2029
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Actual/Deemed Date of allotment
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26/03/2019
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Date of Redemption
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26/06/2029
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Put / Call option
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Call Option : Only after minimum period of 5 years and 3 months post allotment of the Bonds with the approval of RBI.
Call Dates : 26/6/2024 then on every anniversary of Coupon Payment Date after First Call Option Due Date.
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The trading members may also note as under:
a) The aforesaid securities of the company will be traded only in dematerialised form under the ISIN Number as mentioned above.
b) The trading shall take place in standard denomination of Rs.10 Lakhs
c) The tick size for the securities is 1 paise
The Registrar to the issue is:
BTS Consultancy Services Pvt. Ltd.
M S Complex, 1st Floor, Plot No.8,
Sastri Nagar, Near RTO / 200 Feet
Road, Kolathur, Chennai–600099
In case the trading members require any clarification, they may please contact Ms. Rupal Khandelwal on 22728352/8597/8995.
Bhushan Mokashi
Additional General Manager
March 28, 2019 |