Corporate Announcement
Security Code : 534690    Company : LAKSHVILAS    
 
Announcement under Regulation 30 (LODR)-AllotmentDownload PDFDownload XBRL
  Exchange Received Time  16/03/2019 12:08:48         Exchange Disseminated Time   3/16/2019 12:08:55 PM              Time Taken   00:00:07
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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