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Development Credit Bank allots equity shares

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Capital Market

On 20 December 2013

Development Credit Bank announced that the bank on 20 December 2013 has allotted 25,750 equity shares of Rs 10 each, pursuant to the terms of employee stock option plan (ESOPs). Consequent to the said allotment, the bank's issued and paid up share capital has increased to 25,02,75,872 shares of Rs 10 each.

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First Published: Dec 20 2013 | 4:12 PM IST

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