The Board of directors of Lakshmi Vilas Bank Ltd at its meeting held today i.e. October 15, 2020 have considered and approved, subject to the necessary approvals, the raising of funds by issuance and allotment of equity shares or such other eligible securities of the Bank, for an aggregate amount of up to Rs.500 crores (Rupees Five Hundred crores), by way of a rights issue, on such terms (to be decided by the Board or a duly constituted committee of the Board at a later date).
Shares of LAKSHMI VILAS BANK LTD. was last trading in BSE at Rs.18.2 as compared to the previous close of Rs. 18.05. The total number of shares traded during the day was 131376 in over 436 trades.
The stock hit an intraday high of Rs. 18.6 and intraday low of 17.3. The net turnover during the day was Rs. 2360361.