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Shareholders to get nothing in LVB and DBS Bank merger

Shareholders to get nothing in LVB and DBS Bank merger

The LVB (Lakshmi Vilas Bank) shareholders will be left with nothing after this merger goes through. Once it’s official, their shares will get delisted and they will lose complete value of their shares. This merger will write off the entire surplus of the former, reserves and the paid-up share capital

Sanika Abhyankar

Sanika Abhyankar is a Mass Media and Communication student at Ruia College, Mumbai. Sanika is keen on pursuing International Affairs in the near future. She is an optimist who loves to debate and is fond of watching romantic comedies. She is also a fashion enthusiast. Sanika is currently working as a Journalist at India Shorts and can be contacted through sanikaapersonal@gmail.com