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An update from Dhanlaxmi Bank Limited ( (IN:DHANBANK) ) is now available.
Dhanlaxmi Bank Limited announced the approval for raising funds through the issuance of Basel III compliant Tier-II bonds up to an aggregate limit of Rs.300 crores, pending regulatory and shareholder approvals. Additionally, the board has decided to hold an Extraordinary General Meeting to seek shareholder approval for the appointment of a new Executive Director and to authorize the issuance of redeemable non-convertible debentures, which could impact the bank’s capital structure and strategic direction.
More about Dhanlaxmi Bank Limited
Dhanlaxmi Bank Limited operates in the banking industry, providing a range of financial services including banking products and services. The bank is focused on serving the financial needs of its customers through its various offerings.
YTD Price Performance: -23.84%
Average Trading Volume: 356,225
Current Market Cap: 9.48B INR
Find detailed analytics on DHANBANK stock on TipRanks’ Stock Analysis page.