The company made the announcement on 31 December 2013.
Meanwhile, the BSE Sensex was up 10.58 points, or 0.05%, to 21,181.26.
On BSE, so far 7,831 shares were traded in the counter, compared with an average volume of 47,843 shares in the past one quarter.
The stock hit a high of Rs 74.10 and a low of Rs 72.15 so far during the day. The stock hit a 52-week high of Rs 128.35 on 7 January 2013. The stock hit a 52-week low of Rs 59 on 20 August 2013.
The stock had underperformed the market over the past one month till 31 December 2013, sliding 0.64% compared with the Sensex's 1.82% rise. The scrip had, however, outperformed the market in past one quarter, rising 16.02% as against Sensex's 9.24% rise.
The small-cap bank has an equity capital of Rs 97.55 crore. Face value per share is Rs 10.
Lakshmi Vilas Bank's net profit fell 67.4% to Rs 5.85 crore on 12.5% growth in operating income to Rs 536.77 crore in Q2 September 2013 over Q2 September 2012.
Lakshmi Vilas Bank provides a variety of services, including corporate banking, commercial & personal banking, retail banking, NRI services, insurance and development banking through a network of branches. The bank has a strong and wide base in Tamil Nadu.
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