Lakshmi Vilas Bank allots equity shares

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Capital Market
Last Updated : Jan 04 2017 | 12:03 AM IST

Under QIP issue

Lakshmi Vilas Bank announced that the Committee of Directors for Capital Raising of the Bank (the "Committee") at its meeting held on 03 January 2017, approved the issue and allotment of 1,19,85,138 Equity Shares of face value Rs. 10 each to eligible qualified institutional buyers at the issue price of Rs. 140.00 per Equity Share, aggregating to Rs. 167.79 crore.

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First Published: Jan 03 2017 | 5:23 PM IST

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