Indiabulls Housing Finance logo

IBULHSGFIN - Indiabulls Housing Finance News Story

₹180 3.4  1.9%

Last Trade - 7:05am

Sector
Financials
Size
Mid Cap
Market Cap £780.8m
Enterprise Value £6.49bn
Revenue £990.6m
Position in Universe 324th / 3105

India's Lakshmi Vilas board okays merger deal with Indiabulls Housing

Fri 5th April, 2019 1:18pm
April 5 (Reuters) - India's Lakshmi Vilas Bank Ltd  LVLS.NS 
said on Friday its board has approved a share swap acquisition
by housing finance firm Indiabulls Housing Finance Ltd
 INBF.NS .
    For every share held, the shareholders of the private-sector
bank would be entitled to get 0.14 share in Indiabulls, Lakshmi
Vilas Bank said in a statement https://www.nseindia.com/corporate/LAKSHVILAS_05042019172432_LrtoSE05042019_389.pdf.

 (Reporting by Krishna V Kurup in Bengaluru, Editing by Sherry
Jacob-Phillips)
 ((Reuters Messaging: Krishna.VKurup@thomsonreuters.com ; +91 80
6749 1310; Reuters Messaging:
Krishna.VKurup.thomsonreuters.com@reuters.net))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.