DCB allots 1333400 Equity Shares

Development Credit Bank Ltd (DCB) has announced that the Nomination Committee of the Board of Directors of the Bank in its meeting held on June 19, 2009 has allotted 13,33,400 equity shares of Rs 10/- each pursuant to the terms of the Employee Stock Option Plan (ESOPs) of the Bank.

The stock closed on Friday at Rs.38, down by Rs.0.05 or 0.13%. The stock hit an intraday high of Rs.41 and low of Rs.36.30.

The total traded quantity was 1803636 compared to 2 week average of 2088146.

Source : Equity Bulls

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