Development Credit Bank has informed that the bank has allotted 51,205 equity shares comprising 1200 equity shares of Rs 10 each at a premium of Rs 8.80 per share, 3000 equity shares of Rs 10 each at a premium of Rs 28.90 per share and 47,005 equity shares of Rs 10 each at a premium of Rs 30 per share on March 15, 2012 pursuant to the exercise of stock options in terms of the employee stock option plan.
The above information is part of company’s filing submitted to the BSE.