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South Indian Bank’s rights issue is going to open on February 28

South Indian Bank, a private lender has said that its board has finalised the dates for its rights issue and it is going to open on February 28.

South Indian Bank has said in a BSE filing that “The Capital Planning & Infusion Committee of the bank by way of a resolution passed on February 20, 2017, has finalised the issue opening and the issue closing dates, including the last date of receipt of request for split application forms with respect to the proposed issue.”

Bank has said that its right issue is going to open on February 28 and will close on March 14.

The last date of receipt of request for split application forms is March 7.

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