Dhanlaxmi Bank has informed that the Board of Directors of the Bank at its Meeting held on June 07, 2014, has approved the Preferential issue of 4,39,07,000 equity shares of Rs 10 each at a premium of Rs 35.55 per equity share aggregating to Rs. 1,99,99,63,850, subject to the approval of the Reserve Bank of India and the shareholders of the Bank.
The above information is a part of company’s filings submitted to BSE.