LVB board to meet on October 15 to consider rights issue

NEW DELHI: Cash-strapped Lakshmi Vilas Bank (LVB) on Monday said its board will meet later this week to consider issuance of shares on rights basis to existing shareholders. “A meeting of the board will be held Thursday, October 15, 2020 to consider and approve the issue of securities of the bank to existing shareholders of … Read more

PVR’s rights issue oversubscribed by 2.24 times

MUMBAI: At a time when the cinema screens across the country are closed for over four months, India’s leading multiplex chain, PVR, has completed its Rs 300 crore rights issue, which was oversubscribed by 2.24 times. One of the most successful rights issues in the last 15 years in India, it showed the confidence the … Read more