DCB Bank Allots 30,275 Equity Shares via ESOP

Key Quantitative Figures

• Number of equity shares allotted: 30,275
• Face value of each share: ₹10
• Pre-allotment paid-up share capital: 322,148,687 equity shares
• Post-allotment paid-up share capital: 322,178,962 equity shares
• Increase in share capital: 30,275 equity shares (approximately 0.0094% dilution)

Parties Involved

• Issuing entity: DCB Bank Limited
• Recipients: Employees of the Bank
• Regulatory recipients: BSE Limited and National Stock Exchange of India Limited

Purpose/Rationale

The share allotment was made pursuant to the terms of the Bank's Employee Stock Option Plan (ESOP).

Capital Structure Impact

The ESOP allotment resulted in a minor increase of 30,275 equity shares in the bank's paid-up capital, representing approximately 0.0094% dilution of the existing share capital.