Development Credit Bank has informed that the bank has allotted 16,300 equity shares of Rs. 10 each on March 30, 2012, 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 24, 06, 65,457 shares of Rs 10 each.
The above information is part of company’s filing submitted to the BSE.