Disclaimer

YOU MUST READ THE FOLLOWING DISCLAIMER BEFORE CONTINUING

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED IN THE UNITED STATES. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE BY THE LAKSHMI VILAS BANK LIMITED (THE “BANK”) TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI REGULATIONS”) AND SECTION 42 OF THE COMPANIES ACT, 2013.

The following disclaimer applies to the Bank’s placement document dated March 15, 2019 (the “Placement Document”) for issue of equity shares of the Bank (“Equity Shares”) and you are therefore advised to read this disclaimer carefully before accessing the Placement Document. By accessing the Placement Document, you agree to be bound by the following restrictions, terms and conditions, including any modifications to them from time to time.

The Placement Document has been posted on the Bank's website for information purposes only in order to comply with Indian legal and regulatory requirements. Making the Placement Document available in electronic format on this website does not constitute an offer to sell or the solicitation of an offer to buy securities in the Bank in any jurisdiction.

Only those qualified institutional buyers (“QIBs”), as defined under Regulation 2(1)(ss) in the SEBI Regulations and Section 42 of the Companies Act, 2013 read with the Companies (Prospectus and Allotment of Securities) Rules, 2014, who receive a serially numbered copy of the Placement Document are eligible to purchase the equity shares referred to in the Placement Document (the “Equity Shares”) on a private placement basis. No offer of Equity Shares is being made to the public or to any other class of investors other than QIBs.

The Equity Shares offered in the Issue have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the Securities Act (“Regulation S”)), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. The Equity Shares are being offered and sold only outside the United States in offshore transactions in reliance on Regulation S.

The Equity Shares may not be offered or sold and the Placement Document may not be distributed, directly or indirectly, in or into any jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration thereof in, such jurisdiction (a “Prohibited Jurisdiction”).

THE PLACEMENT DOCUMENT MAY NOT BE FORWARDED OR DISTRIBUTED, IN WHOLE OR IN PART, TO ANY OTHER PERSON AND MAY NOT BE REPRODUCED IN ANY MANNER WHATSOEVER.

The Placement Document and the materials placed herein have not been and will not be registered as a prospectus with the offices of registrar of companies in India under the Companies Act, 2013. The Placement Document shall be filed as a private placement offer letter with BSE Limited (the “BSE”) and National Stock Exchange of India Limited (“NSE” and together with the BSE, the “Stock Exchanges”). The Bank shall also make the requisite filings with the Registrar of Companies, Chennai, and SEBI within the stipulated period as required under the Companies Act, 2013 and the Companies (Prospectus and Allotment of Securities) Rules, 2014. The Placement Document has not been reviewed and approved by any regulatory authority in India or abroad, including SEBI, the Reserve Bank of India, any registrar of companies in India or the Stock Exchanges. The Placement Document is not and should not be construed as an offer to sell or the solicitation of an offer to buy any Equity Shares to the public in India. The information in the Placement Document is as of the date thereof and neither the Bank, its directors, nor the Book Running Lead Manager are under any obligation to update or revise the Placement Document to reflect circumstances arising after the date hereof.

The Bank, the Book Running Lead Manager and each of their respective affiliates do not accept any liability whatsoever, direct or indirect, that may arise from the use of the information contained on this website. Access to this website does not constitute a recommendation by the Bank, Book Running Lead Manager, any of their respective affiliates or any other party to subscribe to or buy or sell the Equity Shares.

You are responsible for protecting against viruses and other destructive items. Your accessing of this website is at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this page.

Confirmation of your acceptance of the terms and conditions

  1. By clicking on the “I Confirm” button, I certify that I am not accessing this website in the United States or any Prohibited Jurisdiction.
  2. I have read and understood the disclaimer set out above. I understand that it may affect my rights. I agree to be bound by its terms. By clicking on the “I Confirm” button, I confirm that I am permitted to view the Placement Document