Dhanlaxmi Bank Limited — Board Meeting, 19-03-2025: Outcome of Board Meeting

The Board of Directors has announced a board meeting, wherein the approval was given for the issuance of unsecured non-convertible debentures in the form of Basel III compliant Tier-I Bonds, with a value of ₹1 crore each, up to a maximum of ₹150 crores. This issuance will be conducted on a private placement basis and has a tenure of 10 years. Additionally, key documents related to the proposed issue were approved during the meeting. The meeting took place from 11:00 A.M. to 04:15 P.M.