LAKSHVILAS

Lakshmi Vilas Bank Limited has informed the Exchange that Shri.S.Narayan, Non-Executive Chairman of Lakshmi Vilas Bank Ltd has demitted his office on completion of 2 years term as approved by RBI.

Lakshmi Vilas Bank Limited has informed the Exchange regarding a disclosure under Regulation 8A (4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulation, 1997.

Lakshmi Vilas Bank Limited has informed the Exchange regarding a press release dated November 03, 2010, titled "Operating Profit rises to Rs 72.55 Crs registering 81.60% growth; NIM improves to 3.75% from 2.75% Year on Year".

Lakshmi Vilas Bank Limited has submitted to the Exchange the Standalone Financial Results for the period ended September 30,2010.

Lakshmi Vilas Bank Limited has informed the Exchange regarding a disclosure under Regulation 8A (4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulation, 1997.

Lakshmi Vilas Bank Limited has submitted to the Exchange a copy of the Minutes of Annual General Meeting of the Bank held on August 04, 2010.

Lakshmi Vilas Bank Limited has informed the Exchange that Mr. R. Sridharan, Chief Financial Officer retires on August 31, 2010 and Mr. M. Palaniappan, General Manager has designated as Chief Financial Officer w.e.f. September 01, 2010.

Lakshmi Vilas Bank Limited has informed the Exchange regarding a press release dated August 23, 2010, titled "Lakshmi Vilas Bank's new top management team to put bank on a high growth trajectory".

Lakshmi Vilas Bank Limited has informed the Exchange regarding a press release dated August 14, 2010, titled " LVB Q 1 Operating Profit rises to the 53.73 crores, registering 65.58% growth.".

Lakshmi Vilas Bank Limited has informed the Exchange that the Board at its meeting held on May 31, 2010 recommended a dividend of 6% (Rs. 0.60 paise) on the equity share capital of the Bank for the year 2009-2010. Further, at the Annual General Meeting held on August 04, 2010, the members have declared the above said 6% dividend.

Lakshmi Vilas Bank Limited has informed the Exchange that "Mr. P.R. Somasundaram has assumed the office of the Managing Director & Chief Executive Officer of the Bank at Karur on 02.08.2010."

Lakshmi Vilas Bank Limited has informed the Exchange regarding a disclosure under Regulation 8A (4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulation, 1997.

Lakshmi Vilas Bank Limited has informed the Exchange that the Annual General Meeting of the Bank to be held on August 04, 2010. Further the Board resolved to keep the Registrar of Members and Share Transfer Books closed from July 27, 2010 to August 04, 2010 (both days inclusive) to determine the dividend entitlement and effect payment on declaration at the Annual General Meeting.

Lakshmi Vilas Bank Limited has informed the Exchange that the Board of Directors of the Bank at the meeting held on July 10, 2010 has co-opted Shri. P.R. Somasundaram as an additional Director and also appointed him, as Managing Director & CEO of the Bank for a period of three years from the date of taking charge vide RBI letter no. DBOD No. 78/08.44.001/2010-11 dated July 2, 2010. Further in compliance of Regulation 13(6) of Prohibition of Insider Trading Regulation 1992, the details of shareholding of Shri. P.R. Somasundaram, No. of shares held-Nil.

Lakshmi Vilas Bank Limited has informed the Exchange that according to the Reserve Bank of India directive, Banks have to follow the new base rate system - which replaces the benchmark prime lending rate from July 01, 2010. In line with the above, the bank has set Base rate at 8.75%.

Lakshmi Vilas Bank Limited has informed the Exchange that the Board of Directors at their meeting held on June 24, 2010 decided to seek the shareholders approval for: (1) Issue of equity shares up to 40% of the present issued capital of the bank by way of QIP / GDR / ADR / Follow on Public Issue at the best possible price in accordance with the SEBI guidelines and necessary approval; (2) Issue of equity stock options up to 50,00,000 to the eligible employees / directors under stock option scheme. The Company also informs that the Board of directors have decided to float a subsidiary company fo

Lakshmi Vilas Bank Limited has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 31, 2010 has recommend dividend @ 6% (Rs 0.60/- paise per share) for the year 2009-2010 on the equity shares subject to approval of shareholders at the ensuing Annual General Meeting of the Bank.

Lakshmi Vilas Bank Limited has submitted to the Exchange a Revised copy of disclosure under Regulation 8A (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations , 1997 .

Lakshmi Vilas Bank Limited has submitted to the Exchange a copy of disclosure under Regulation 8A (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations , 1997 . A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Lakshmi_pledge_28042010.zip target=NEW> For more details click here.</a>

Lakshmi Vilas Bank Ltd has informed the Exchange that "Our Board Co-opted Shri.S. Dattathreyan as Additional Director at their meeting held on 08.03.2010 and Shri.M.P. Shyam has resigned as Director of the Bank on 08.03.2010." Further in compliance of Regulation 13(6) of Prohibition of Insider Trading Regulation 1992, the Company has submitted the details of shareholding of the Director Shri. Dattathreyan : Name of the Director : Shri. Dattathreyan; No. of shares held : 82,436.

Lakshmi Vilas Bank Ltd has informed the Exchange that the Board of Directors of the Bank at the meeting held on January 23,2010 has Co-opted Shri.K.S.R.Anjaneyulu as an additional Director and also appointed him, as Managing Director & CEO of the Bank for an interim period from 25th January, 2010 till new MD & CEO takes over charge, in the place of Shri.V.S.Reddy, present Managing Director & CEO whose term of office is comes to end vide RBI letter DBOD No.12959/08.44.001/2009-10 dated 22.01.2010. Further in compliance of Regulation 13(6) of Prohibition of Insider Trading Regulation 1992, the C

Lakshmi Vilas Bank Ltd has informed the Exchange vide its letter dated December 12, 2009 that "The share transaction that took place on 8.12.2009 & 9.12.2009. (1) Mr. V. N. Jayaprakash, brother of our promoter Mr. N. Malayalaramamirtham has effected sale of 2500 shares".

Lakshmi Vilas Bank Ltd has informed the Exchange vide its letter dated December 11, 2009 that "The share transactions that took place on 10.12.2009. (1) Mr. C. Ramkumar, brother of our promoter Mr. C. Krishnakumar has effected sale of 360 shares".

Lakshmi Vilas Bank Ltd has informed the Exchange that vide its letter dated December 09, 2009 that "The share transactions that took place on 08.12.2009. (1) Mr. K.R. Chandrasekaran, father of our promoter Mr.C.Krishnakumar has effected sale of 4462 shares".

Lakshmi Vilas Bank Ltd has informed the Exchange that vide its letter dated December 08, 2009 that "The share transactions that took place on 07.12.2009. (1) Mr. K.R. Chandrasekaran, father of our promoter Mr.C.Krishnakumar has effected sale of 10409 shares".

Lakshmi Vilas Bank Ltd has informed the Exchange vide its letter dated December 05, 2009 that "The share transaction that took place on 03.12.2009 & 04.12.2009. (1) Mr. K.R. Chandrasekaran, father of our promoter Mr.C.Krishnakumar has effected sale of 8332 shares. (2) Mr. C.Krishnakumar, Promoter has effected sale of 300 shares".

Lakshmi Vilas Bank Ltd has informed the Exchange vide its letter dated December 04, 2009 that "The share transactions that took place on 30.11.2009 (1) Mrs.M.Geetha wife of our promoter Mr. N.Malayalaramamirtham has effected sale of 2000 shares through Off-market. (2) Mr. V.N.Jayaprakash, brother of our Promoter Mr.N.Malayalaramamirtham has effected purchase of 2000 shares through Off-market".

Lakshmi Vilas Bank Ltd has informed the Exchange vide its letter dated December 03, 2009 that: "(1) Mr. C. Ramkumar, brother of our promoter Mr. C. Krishnakumar has effected sale of 3102 shares and (2) Mr. K. R. Chandrasekaran, father of our promoter Mr. C. Krishnakumar has effected sale of 3500 shares. (3) Mr. C. Krishnakumar, Promoter has effected sale of 100 shares".

Lakshmi Vilas Bank Ltd has informed the Exchange vide its letter dated December 02, 2009 that: "(1) Mr.K.R.Chandrasekaran, father of the promoter Mr.C.Krishnakumar has effected sale of 4560 shares; (2) Mr.C.Krishnakumar, Promoter has effected purchase of 100 shares."

Lakshmi Vilas Bank Ltd has informed the Exchange vide its letter dated November 27, 2009 that: "(1) Mr. C. Ramkumar, brother of our promoter Mr. C. Krishnakumar has effected sale of 5000 shares and (2) Mr. K. R. Chandrasekaran, father of our promoter Mr. C. Krishnakumar has effected sale of 1525 shares (3) Mr. C. Krishnakumar, Promoter has effected bought of 823 shares and sale of 200 shares".

Lakshmi Vilas Bank Ltd has informed the Exchange vide its letter dated November 25, 2009 that: "(1) Mr. C. Ramkumar, brother of our promoter Mr. C. Krishnakumar has effected sale of 5750 shares and (2) Mr. C. Krishnakumar, Promoter has effected bought of 350 shares and sale of 200 shares".

Lakshmi Vilas Bank Ltd has informed the Exchange vide its letter dated November 23, 2009 that: "(1) Mr. C. Ramkumar, brother of our promoter Mr. C. Krishnakumar has effected sale of 6500 shares and (2) Mr. K. Hariprasad, son of our promoter Mr. C. Krishnakumar has effected sale of 3500 shares".

Lakshmi Vilas Bank Ltd has informed the Exchange that: "Further to our intimation dated 10.09.2009 as to rating of BBB+ for the proposed Rs.100 crores Unsecured Redeemable Tier-II Bonds issue Series-VI by M/s. Fitch Ratings, M/s. Brickwork Ratings India Pvt. Ltd. has also rated BWR A (Outlook:Stable) for the said issue".

Lakshmi Vilas Bank Ltd has informed the Exchange regarding a press release dated October 30, 2009, titled "LVB H1 Net rises by 298%". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Lakshmi_PR_30102009.zip target=NEW> For more details click here.</a>

Lakshmi Vilas Bank Ltd has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the bank held on August 28, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/Lakshmi_AGMProc_26102009.zip target=NEW> For more details click here.</a>

Lakshmi Vilas Bank Ltd has informed the Exchange regarding the details of shares of bank that are pledged/invoke by Company promoters and their group for the quarter ended September 30, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/lakshmi_pl_22102009.zip target=NEW> For more details click here.</a>

Lakshmi Vilas Bank Ltd has informed the Exchange that the Bank has fixed the price, ratio and issue size as follows: a) No of equity shares to be issued on rights basis 49164453 at the ratio of one equity share for every one equity share (1:1); b) Issue price for cash per equity share of Rs.10/ each at a price of Rs. 54/- (share capital of Rs.10/- plus premium of Rs.44/-) including face value of Rs. 10/- each; c) Size of the Issue Rs.265,48,80,462/-. Further, the Bank has informed that September 25, 2009 fixed as Record Date for the purpose of Rights Issue.

Lakshmi Vilas Bank Ltd has informed the Exchange that the Fitch Rating has revised the rating for the outstanding Sub-ordinated Tier-II Bonds of Rs. 50.00 crore (Series V) from A- (ind) to BBB+ (ind).

Lakshmi Vilas Bank Ltd has informed the Exchange that the Bank has proposed to raise Unsecured Redeemable Subordinated Bonds aggregating Rs. 100.00 crores through private placement basis for augmenting the Tier-II Capital for improving the Capital Adequacy Ratio and enhancing the long term resources of the Bank for which Fitch Rating has assigned BBB+(ind).

Lakshmi Vilas Bank Ltd has informed the Exchange that Board at its meeting held on May 28, 2009 recommended a dividend of 25% on the equity share capital for the year 2008-2009. At the Annual General Meeting held on August 28, 2009, the members have declared the above said 25% dividend. The dividend warrants will be posted to the members within a week by the Registrar and Share Transfer Agent M/s. Integrated Enterprises (India) Ltd, Chennai.

Lakshmi Vilas Bank Ltd has informed the Exchange that the shareholders at their Annual General Meeting held on August 28, 2009: (1) (a) Re-elected Shri. M.P.Shyam as Director. (b). Re-elected Shri. K. Balaji as Director. (c) Re-elected Shri. N. Saiprasad as Director. (d). Elected Shri. K.R. Pradeep as Director (Appointed U/s 260 on 27.02.2009).(e) Elected Shri. S.G. Prabhakharan as Director (Appointed U/s 260 on 23.06.2009).(II) Re-appointed M/s. Abarana & Ananthan, Chartered Accountants, Bangalore and M/s. Sundaram & Srinivasan, Chartered Accountants, Chennai.

Lakshmi Vilas Bank Ltd has submitted to the Exchange a copy of Notice of the Annual General Meeting of the Members of the Company to be held on August 28, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/LVBank_AGMNot_14082009.zip target=NEW> For more details click here.</a>

Lakshmi Vilas Bank Ltd has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/LAKSHVILAS_LR_10082009.zip target=NEW> For more details click here.</a>

Lakshmi Vilas Bank Ltd has informed the Exchange that the Register of Members Share Transfer Books will be closed from August 15, 2009 to August 17, 2009 (both days inclusive) to determine the dividend entitlement and for Annual General Meeting. Further the dividend will be payable after obtaining approval from shareholders in the Annual General Meeting to be held on August 28, 2009.

Lakshmi Vilas Bank Ltd has informed the Exchange regarding a press release dated July 31, 2009, titled "LVB Q1 Net rises to Rs.22.66 crores". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/LaKShmi_pr_31072009.zip target=NEW> For more details click here.</a>

Lakshmi Vilas Bank Ltd has informed the Exchange that "Our Board Co-opted Shri.S.G.Prabhakharan as Additional Director at their meeting held on June 23, 2009 and Shri.R. Mohan has resigned as Director of the Bank on June 23, 2009. Further in compliance of Regulation 13(6) of Prohibition of Insider Trading Regulation 1992, we are submitting the details of shareholding of our Director Shri.S.G. Prabhakharan: Name of Director : Shri.S.G. Prabhakharan; No. of shares held : 1001".

Lakshmi Vilas Bank Ltd has informed the Exchange that Shri. G.Sudhakara Gupta, has resigned as Director of the Bank on June 15, 2009.

Lakshmi Vilas Bank Ltd has submitted to the Exchange a press release dated May 29, 2009 titled, "Press Release on interest rate revision". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/lakshmi_PR_01062009.zip target=NEW> For more details click here.</a>

Lakshmi Vilas Bank Ltd has informed the Exchange regarding a press release dated May 28, 2009, titled "Annual Results for the year 2008-09; LVB Net Profit increases by 99%". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Lakshmi_pr_28052009.zip target=NEW> For more details click here.</a>

Lakshmi Vilas Bank Ltd has informed the Exchange that the Board of Directors, at their meeting held on May 28, 2009 have recommended a dividend of 25% i.e. Rs. 2.50 per share on the face value of Rs.10/-.