Lakshmi Vilas Bank has informed that qualified institutions placement of equity shares of face value Rs 10 each (the Equity Shares) by the Bank to qualified institutional buyers under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the SEBI ICDR Regulations), and Section 42 of the Companies Act, 2013 (including the rules made thereunder), as amended (the QIP).
The above information is a part of company’s filings submitted to BSE.
