Description
DCB Bank Limited lists 60,58,394 equity shares issued on preferential basis to promoters at Rs. 137 per share, with lock-in until October 9, 2030.
Summary
BSE has approved the listing of 60,58,394 new equity shares of DCB Bank Limited (Scrip Code: 532772) issued to promoters on a preferential basis. The shares will commence trading from November 26, 2025, and are subject to a 5-year lock-in period until October 9, 2030.
Key Points
- 60,58,394 equity shares of face value Rs. 10/- each issued at premium of Rs. 127/-
- Issue price: Rs. 137 per share
- Allotted to promoters on preferential basis
- Date of allotment: October 10, 2025
- Trading commences: November 26, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE503A01015
- Distinctive Numbers: 315156734 to 321215127
Regulatory Changes
No regulatory changes. This is a standard preferential allotment notification as per SEBI regulations.
Compliance Requirements
- Trading members are informed about the new securities listing
- All 60,58,394 shares are subject to lock-in restrictions
- Shares cannot be transferred or sold until October 9, 2030
Important Dates
- Allotment Date: October 10, 2025
- Trading Commencement: November 26, 2025
- Lock-in Expiry: October 9, 2030
Impact Assessment
This preferential allotment increases promoter shareholding in DCB Bank. The 5-year lock-in period demonstrates long-term commitment from promoters. The total fund raise amounts to approximately Rs. 83 crore (60,58,394 shares × Rs. 137). This capital infusion may be used for business expansion, capital adequacy requirements, or other corporate purposes. The lock-in ensures promoter stability and prevents immediate dilution concerns for existing shareholders.
Impact Justification
Medium impact due to significant promoter shareholding increase through preferential allotment with 5-year lock-in. Important for DCB Bank shareholders to track ownership structure changes.