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.