Laxmi Capital Market Limited has decided to extend the deadline for their mutual fund scheme “Laxmi Value Fund-II” until the 19th of Shrawan. Initially, the issue was open from the 5th to the 9th of Shrawan, 2080, but due to a lack of sufficient applications, they have extended the closing date. The scheme offers 8 crore unit shares at a par value of Rs 10 per share, with 15% (1.20 crore units worth Rs. 12 crore) reserved for the fund sponsor Former Laxmi Bank Limited, and the remaining 6.80 crore units will be available to the general public from the 5th of Shrawan.
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