DCB allots 201000 Equity Shares

Development Credit Bank Ltd (DCB) has announced that the Board of Directors of the Bank at its meeting held on October 12, 2009, has allotted 2,01,000 equity shares of Rs. 10/- each pursuant to the terms of the Employee Stock Option Plan (ESOPs) of the Bank.

The stock was trading at Rs.40.55, up by Rs.0.35 or 0.87%. The stock hit an intraday high of Rs.40.85 and low of Rs.40.

The total traded quantity was 549220 compared to 2 week average of 2384210.

Source : Equity Bulls

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