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Sunday, March 17, 2013

Dhanlaxmi Bank to raise Rs 51 cr via pref. issue

Dhanlaxmi Bank Ltd has proposed to mobilise Rs 51 crore by issuing 85 lakh equity shares with an issue price of Rs 60 per share with a face value of Rs 10 each.

The bank plans to raise funds to augment its long-term capital.

The shares will be issued would be on a preferential allotment basis, subject to the approval of RBI, SEBI and other authorities concerned, bank sources said.

Source: thehindubusinessline


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