DCB Bank planning to raise up to Rs 1,000 crore via equity, debt instruments

DCB Bank Ltd. | Bank - Private | BFSI | BSE: 532772 | NSE: DCBBANK

29 Jun 2020 Evaluate

DCB Bank is planning to raise up to Rs 1,000 crore through equity and debt instruments, and will seek shareholders' approval in its ensuing annual general meeting (AGM) next month. The private sector lender's AGM will take place on July 11 through video conferencing (VC) and other audio-visual means.

DCB Bank is one of the emerging private sector banks in India. The Bank is amongst the first private sector banks to waive advisory fee and service charge for Mutual Fund investment.

Peers

Company Name	CMP
HDFC Bank	717.00
ICICI Bank	1352.00
Axis Bank	1220.35
Kotak Mahindra Bank	409.60
Indusind Bank	957.60
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.