Dhanlaxmi Bank Limited approves allotment of 4,31,65,465 Equity Shares

The Board of Directors of Dhanlaxmi Bank Limited has approved the allotment of 4,31,65,465 Equity Shares of Rs. 10/- each at a price of Rs. 27.80 per Equity Share (including premium of Rs. 17.80 per Equity Share) on Preferential Allotment basis on May 15, 2017.

The paid-up share capital of the Bank after the above allotment will be Rs. 253,01,20,840 with 25,30,12,084 Equity Shares of Rs. 10/- each.

Shares of Dhanlaxmi Bank Limited was last trading in BSE at Rs.40.25 as compared to the previous close of Rs. 40.15. The total number of shares traded during the day was 821395 in over 2937 trades.

The stock hit an intraday high of Rs. 42.25 and intraday low of 39.75. The net turnover during the day was Rs. 33747883.

Source : Equity Bulls

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