Lakshmi Vilas Bank has informed that the Board of Directors of the Bank at its meeting held on April 27, 2016, has resolved to recommend dividend at 30% (Rs 3.00 per share) for the year 2015-2016 on the equity shares subject to the approval of shareholders at the ensuing 89th Annual General Meeting of the Bank.
The above information is a part of company’s filings submitted to BSE.