Dhanlaxmi Bank Limited — Dividend/Bonus, 19-12-2024: Record Date

The Board of Dhanlaxmi Bank has convened a meeting on December 19, 2024, and approved the issuance of fully paid-up Rights Equity Shares through a rights issue, with a total of 14,16,86,767 shares being offered at a price of ₹21.00 each, aiming to raise up to ₹297.54 crore. The record date for eligibility is set for December 27, 2024. The rights issue will open on January 8, 2025, and close on January 28, 2025, with a rights entitlement ratio of 14 shares for every 25 shares held. This move is anticipated to enhance the bank's capital base significantly.