DCB Bank Allots 162,606 Equity Shares To Employees As ESOP

DCB Bank Allots 162,606 Equity Shares To Employees As ESOP

The face value of the equity shares will be ₹10 each.

FPJ Web DeskUpdated: Tuesday, July 11, 2023, 01:02 PM IST
DCB Bank Allots 162,606 Equity Shares To Employees As ESOP
DCB Bank Allots 162,606 Equity Shares To Employees As ESOP | File photo

DCB Bank on Tuesday announced the allotment of 162,606 equity shares in pursuant to the terms of the Employee Stock Option Plan (ESOP) of the Bank, the company announced through an exchange filing.

The face value of the equity shares will be ₹10 each.

With this allotment, the issued and paid-up share capital of the Bank stands increased from 31,17,30,533 equity shares of ₹10 each to 311,893,139 equity shares of ₹10 each.

DCB Bank Shares

The shares of DCB Bank on Tuesday at 12:53 pm IST were at ₹129.15, up by 3.24 percent.