Lakshmi Vilas Bank board to consider rights share issue

Lakshmi Vilas Bank

Lakshmi Vilas Bank share price rose nearly 5 percent on October 13 after the company said its board will consider issue of securities on a rights basis.

“A meeting of board will be held on October 15, 2020 to consider and approve, the issue of securities of the bank to existing shareholders of the bank on a rights basis,” company said in the release.

News Source: Moneycontrol

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