DCB allots 9400 Equity Shares under ESOPs

Development Credit Bank Ltd has allotted 9,400 equity shares of Rs.10/- each on May 04, 2011, pursuant to the terms of the Employee Stock Option Plan (ESOPs) of the Bank. Post allotment, Bank's issued and paid up share capital has increased to 20,01,80,609 sbaresofRs.10/-each.

The stock was trading at Rs.61.55, up by Rs.0.75 or 1.23%. The stock hit an intraday high of Rs.62.10 and low of Rs.60.50.

The total traded quantity was 12.98 lakhs compared to 2 week average of 23.46 lakhs.

Source : Equity Bulls

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