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DCB Bank informs about capital raising committee of board meeting

25 Apr 2017 Evaluate

DCB Bank has informed that a meeting of the Capital Raising Committee of the Bank (the Committee) will be held on Thursday, April 27, 2017 to consider and approve the closure of the QIP; to approve the issue price including a discount, if any thereto as permitted under the SEBI ICDR Regulations for the Equity Shares to be allotted to qualified institutional buyers pursuant to the QIP; and to approve and adopt the placement document in connection with the QIP.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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