Lakshmi Vilas Bank allots equity shares

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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