Lakshmi Vilas Bank AGM | Section of shareholders vote against re-appointment of 7 directors and auditors

Lakshmi Vilas Bank AGM | Section of shareholders vote against re-appointment of 7 directors and auditors LVB shareholders are unhappy with the way bank is managed and the sharp deterioration in finances. Opposition against appointment of directors, including CEO S Sundar, comes as lender is in talks with Clix Capital for a merger and secure much -needed capital

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