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Development Credit Bank allots equity shares

11 Mar 2013 Evaluate

Development Credit Bank has informed that the bank has allotted 53,690 equity shares comprising 900 equity shares of Rs. 10 each at a premium of Rs. 08.80 per share, 50,390 equity shares of Rs. 10 each at a premium of Rs. 13.65 per share, 1,500 equity shares of Rs. 10 each at a premium of Rs. 28.90 per share and 900 equity shares of Rs. 10 each at a premium of Rs. 30 per share on March 06, 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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