Dhanlaxmi Bank Limited Rights Issue
Dhanlaxmi Bank Limited has announced 1 rights issues since 29 Aug, 2023, with the most recent issue declared on Oct 22, 2024 in the ratio of 14:25 at a price of ₹10 per share.
Last updated on 23 Jul, 2026 | 04:53 IST
Dhanlaxmi Bank Limited Rights Issue Details
Rights Ratio | Face Value  | Premium | Ex-Right Date | Record Date  | Announcement Date |
|---|---|---|---|---|---|
| 14:25 | 10 | 11.00 | 27-12-2024 | 27-12-2024 | 22-10-2024 |
*Disclaimer: The information listed is solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.
FAQs
Who is eligible to apply for Dhanlaxmi Bank rights issue?
Existing shareholders of Dhanlaxmi Bank as of the record date are eligible to participate in a rights issue allowing them to purchase additional shares often at a discount.
How can existing shareholders apply for Dhanlaxmi Bank rights issue?
Shareholders can apply for Dhanlaxmi Bank rights issue by following the company instructions, typically by submitting an application form and making the payment within the specified period.
Is the rights issue of Dhanlaxmi Bank mandatory for existing shareholders?
No! Participation in Dhanlaxmi Bank rights issue is not mandatory, but voluntary. However, shareholders can choose to exercise their rights, sell them, or let them expire.
Has Dhanlaxmi Bank announced any rights issues in the past?
Yes, Dhanlaxmi Bank had its last rights issues on the record date: 27-12-2024. The rights ratio for this date was 14:25
What was the last rights issue price and ratio for Dhanlaxmi Bank?
The last rights issue for Dhanlaxmi Bank was on record date: 27-12-2024. The issue price was 21.00 and rights ratio was 14:25