Dhanlaxmi Bank Limited — Board Meeting, 22-02-2025: Outcome of Board Meeting

The Board has approved the proposal to raise funds through the issuance of non-convertible debentures in the form of Basel III compliant Tier-II Bonds, with an aggregate limit of ₹300 Cr, pending necessary regulatory and shareholder approvals. Additionally, the Board scheduled an Extra Ordinary General Meeting to seek shareholder approval for the appointment of Shri P. Suriaraj as Executive Director and authorization for the issuance of redeemable secured/unsecured non-convertible debentures.