On 27 April 2017
DCB Bank announced that the Capital Raising Committee of the Bank (the 'Committee') at its meeting held on 27 April 2017, has, inter alia, passed the following resolutions: a. Approved the closure of the QIP on 27 April 2017; b. Approved the issue price of Rs 174 per Equity Share (including premium of Rs 164 per Equity Share) for the issuance and allocation of 21,770,000 Equity Shares to be allotted to eligible qualified institutional buyers pursuant to the QIP; and c. Approved and adopted the placement document dated 27 April 2017, in connection with the QIP.Powered by Capital Market - Live News
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