Board Meeting Announcement for Dhanlaxmi Bank Ltd - Mar 19, 2025

Dhanlaxmi Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/03/2025 inter alia to consider and approve Further to our letter no. SH:189 / 2024-25 dated February 22 2025 and pursuant to Regulation 29 and Regulation 50 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 it is hereby informed that a meeting of the Board of Directors of the Bank is scheduled to be held on Wednesday March 19 2025 which may inter-alia consider discuss and decide various matters in connection with the issuance of non-convertible debentures in the form of Basel III compliant Tier-II Bonds including the terms of issue and issue size. The deliberations in the Board Meeting on the aforesaid matter will however be subject to the approval of shareholders of the Bank on the resolution for authorizing the Board to issue non-convertible debentures (NCDs) in the Extra General Meeting (EGM) of the Bank scheduled to be held on March 18 2025.