Dhanlaxmi Bank Ltd approves preferential issue at Rs. 45.55

The Board of Directors of Dhanlaxmi Bank Ltd 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.

Shares of Dhanlaxmi Bank Limited was last trading in BSE at Rs.56.85 as compared to the previous close of Rs. 60.25. The total number of shares traded during the day was 1393418 in over 11553 trades.

The stock hit an intraday high of Rs. 60.95 and intraday low of 55.25. The net turnover during the day was Rs. 81056685.

Source : Equity Bulls

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