DCB Bank Issues 38,400 Equity Shares Under Employee Stock Option Plan
Mumbai: DCB Bank Limited has informed the stock exchanges of the allotment of new equity shares under its Employee Stock Option Plan (ESOP). The bank issued and allotted 38,400 equity shares to its eligible employees on Tuesday, January 27, 2026.
Key Details of the Allotment:
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Number of Shares Allotted: 38,400
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Face Value: ₹10 per share
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Date of Allotment: January 27, 2026
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Purpose: Issuance under the bank's approved ESOP scheme.
Impact on Share Capital:
Following this allotment, the bank's issued, subscribed, and paid-up equity share capital has increased. The capital has risen from 32,17,44,917 equity shares (aggregating ₹321,74,49,170) to 32,17,83,317 equity shares (aggregating ₹321,78,33,170).
Regulatory Compliance:
The intimation was made to the BSE Limited (Scrip Code: 532772) and the National Stock Exchange of India Limited (Symbol: DCBBANK) in compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
ESOPs are a common tool used by companies to attract, retain, and reward employees by giving them an ownership stake, aligning their interests with long-term shareholder value.