Financial Daily from THE HINDU group of publications
Saturday, Mar 12, 2005
News
Features
Stocks
Port Info
Archives
Google

Group Sites

 Money & Banking - Rights Issue


LVB rights issue

Our Bureau

COIMBATORE: Lakshmi Vilas Bank (LVB) has fixed a premium of Rs 45 per share for its rights issue to be offered in the ratio of 7:10 (seven shares for every ten held).

The bank expects to raise Rs 44.57 crore through the rights issue.

The bank will be offering through the rights issue 81,03,866 equity shares of Rs 10 each at a premium of Rs 45 per share ( at a price of Rs 55 per share).

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
A cruel change in the name of `global practice'

Rupee in range; securities down
Opus Software ties up with SVC Financial
LIC plans to convert OFCDs
PSU insurers liquidate equity investments
ICICI Bank hikes stake in Prudential MF
ING Vysya `health run' in Visakhapatnam
Higher borrowings may put pressure on interest rates, says Purwar
SEBI clarification on FII investments in Govt debt
`NPAs in banks rise by Rs 48,784 cr in 7 years'
`M&As in banks will be order of the day'
Chittoor co-op bank in crisis
LVB rights issue
RBI chief sees lower inflation

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line