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Lakshmi Vilas Bank Ltd. - Announcement under Regulation 30 (LODR)-Allotment

| Updated on March 16, 2019 Published on March 16, 2019

We wish to inform you that the Capital Raising Committee of the Bank (the Committee) at its meeting held today i.e. March 16, 2019 had approved the allotment of 6,38,31,328 Equity Shares of face value ? 10 each to eligible qualified institutional buyers at the issue price of ? 72 per Equity Share (including premium of ? 62 per Equity Share), aggregating to ?459,58,55,616/- (Rupees Four Hundred Fifty Nine Crores Fifty Eight lakhs fifty five thousand six hundred and sixteen only) under the provisions of Chapter VI of the SEBI ICDR Regulations and Section 42 of the Companies Act, 2013 (including the rules made thereunder), as amended.

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Pdf Link: Lakshmi Vilas Bank Ltd. - Announcement under Regulation 30 (LODR)-Allotment

Source : BSE - www.bseindia.com

Published on March 16, 2019
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