DCB Bank Limited — Dividend/Bonus, 25-04-2025: Dividend
25-04-2025 | 03:54 pm
25-04-2025 | 03:54 pm
DCB Bank Limited has announced a board meeting with key outcomes, including the approval of audited financial results for the quarter and year ended March 31, 2025. The bank has proposed a dividend of ₹1.35 per equity share, contingent on shareholder approval at the upcoming Annual General Meeting. Additionally, the board has authorized plans to raise up to ₹500 crore through Basel III compliant Tier II Bonds and ₹750 crore via equity shares through Qualified Institutions Placement, both subject to necessary approvals.
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