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Development Credit Bank allots equity shares under ESOP

18 Jan 2013 Evaluate

Development Credit Bank has informed that the bank has allotted 37,500 equity shares of Rs.10 each at a premium of Rs.13.40 per share on January 15, 2013 pursuant to the exercise of stock options in terms of the employee stock option plan.

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

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