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Outcome of Board Meeting

| Updated on October 11, 2014 Published on October 11, 2014

DCB Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on October 10, 2014, has approved the issue and allotment of 3,04,32,136 Equity Shares of face value Rs.10 each to eligible Qualified Institutional Buyers (QIB) at the issue price of Rs. 82.15 per Equity Share, aggregating to Rs. 250.00 (Rupees Two Hundred Fifty Crores Only).

Consequent to the issue and allotment of the Equity Shares to QIBs, the Paid-up Equity Share Capital of the Bank stands increased from the present Rs. 250,77,42,220,/- divided into 25,07,74,222 equity shares of face value of Rs. 10/- each to Rs. 281,20,63,580/- divided into 28,12,06,358 equity shares of face value of Rs.10/- each.

Source : BSE - >www.bseindia.com

Published on October 11, 2014
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