Lakshmi Vilas Bank to raise over INR 780 crore

Lakshmi Vilas Bank to raise over INR 780 crore

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Lakshmi Vilas Bank announced that the capital raising committee has approved the allotment of 6,39,87,006 equity shares of Rs 10 each at a price of Rs 122 per equity share aggregating to Rs 780.64 crore issued on a rights basis.

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com