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Development Credit Bank allots equity shares under ESOP

12 Apr 2013 Evaluate

Development Credit Bank has informed that the Bank has allotted 3,000 equity shares of Rs. 10 each on April 11, 2013, pursuant to the terms of the Employee Stock Option Plan (ESOPs) of the Bank. Post allotment, Banks issued and paid up share capital has increased to 25,01,14,597 shares of Rs. 10 each.

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

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