DCB Bank Limited — Board Meeting, 25-04-2025: Outcome of Board Meeting

DCB Bank has announced a board meeting to discuss its audited financial results for the quarter and year ended March 31, 2025. The board will also consider a dividend of ₹1.35 per equity share, subject to shareholder approval at the upcoming Annual General Meeting (AGM). Additionally, the board plans to seek approval for fundraising via the issuance of unsecured redeemable non-convertible subordinated Basel III compliant Tier II bonds up to ₹500 crore, and for raising up to ₹750 crore through equity shares or convertible securities via qualified institutional placement, also pending shareholder approval.