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| Exchange Disseminated Time | Dhanlaxmi Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on January 21, 2011, inter alia, has decided :
1. To increase authorized share capital of the Bank from Rs. 100 Crore to 200 Crore.
2. To issue not exceeding 5.50 Crore equity shares of Rs 10 each either by Preferential Issue of shares or by Private Placement or by Qualified Institutional Placement or securities convertible into equity shares or Global Depository Receipt; (GDRs) / American Depository Receipts (ADRs) or the Issue of Foreign Currency Convertible Bonds or Ordinary Shares (through depository receipt mechanism) subject to prior approval of Reserve Bank of India (RBI) and shareholders and that of necessary approvals from Regulators from time to time. |
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