Company Profile

DCB BANK LTD.

NSE : DCBBANKBSE : 532772ISIN CODE : INE503A01015Industry : Bank - PrivateHouse : DCB Bank - MNC
BSE79.95-0.65 (-0.81 % )
PREV CLOSE (Rs.) 80.60
OPEN PRICE (Rs.) 80.10
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 100790
TODAY'S LOW / HIGH (Rs.)79.50 81.80
52 WK LOW / HIGH (Rs.)58.1 244.05
NSE79.95 -0.7 (-0.87 % )
PREV CLOSE(Rs.) 80.65
OPEN PRICE (Rs.) 81.15
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 79.95 (2057 )
VOLUME 1944955
TODAY'S LOW / HIGH(Rs.) 79.35 81.90
52 WK LOW / HIGH (Rs.)58 244

Company News

Date Heading Details
29-Jun-2020 DCB Bank planning to raise up to Rs 1,000 crore via equity, debt instruments <div align="justify">DCB Bank is planning to raise up to Rs 1,000 crore through equity and debt instruments, and will seek shareholders' approval in its ensuing annual general meeting (AGM) next month. The private sector lender's AGM will take place on July 11 through video conferencing (VC) and other audio-visual means.</div><div align="justify"><br></div><div align="justify">DCB Bank is one of the emerging private sector banks in India. The Bank is amongst the first private sector banks to waive advisory fee and service charge for Mutual Fund investment.<br></div>
25-Jun-2020 DCB Bank informs about disclosure <p align="justify">DCB Bank&nbsp;has informed that the exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares &amp; Takeovers) Regulations, 2011 for Aditya Birla Sun Life Mutual Fund.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p><p><br></p>
19-Jun-2020 DCB Bank informs about newspaper publication <p align="justify">DCB Bank has informed that pursuant to Regulation 30 read with Schedule III Part A Para A of the SEBI Listing Regulations, the Company enclosed copies of the Newspaper Cuttings of the advertisements published on June 19, 2020 in Business Standard (English) and Pudhari (Marathi), regarding completion of mailing of the Notice of AGM, mode, date and time of holding the AGM, e-voting information etc. for the 25th Annual General Meeting of the Bank, in compliance with section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended, General Circular No.17/2020 dated April 13, 2020 issued by Ministry of Corporate Affairs (MCA) and Regulation 44 of the SEBI Listing Regulations. The above information is also available on the website of the Bank www.dcbbank.com.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
11-Jun-2020 Allotment of Equity Shares Inter alia, approved the notice of the 25th Annual General Meeting which includes considering an enabling resolution for proposing to the members of the Bank, raising of funds up to Rs.500 Crores by way of issue of equity shares / other securities convertible into equity shares through Qualified Institutions Placement, as may be required by the Bank from time to time. The fund raising is subject to necessary permissions and approvals (including shareholders? approval and such other statutory approvals as may be required) and the provisions of applicable law.
08-Jun-2020 Allotment of Equity Shares Inter alia, to consider and approve the notice of 25th Annual General Meeting of the Bank which includes considering an enabling resolution for approval by the members of the Bank regarding proposal of raising of funds through issue of securities, in accordance with applicable law, as may be required by the Bank from time to time.
04-Jun-2020 DCB Bank revises MCLRs, EBLR <div align="justify">DCB Bank has revised its Marginal Cost of Funds Based Lending Rates (MCLRs) across all tenors with effect from June 05, 2020. The Bank has revised one year MCLR to 10.08% per annum (p.a.).<br><br></div><div align="justify">The Bank has also revised Overnight, one month, three months and six months MCLR to 8.48% p.a., 8.48% p.a., 9.18% p.a. and 9.68% p.a., respectively.<br><br></div><div align="justify">Besides, the bank has revised External Benchmark Linked Rate (EBLR) to 8.44% p.a. with effect from June 04, 2020.<br><br></div><div align="justify">DCB Bank is one of the emerging private sector banks in India. The Bank is amongst the first private sector banks to waive advisory fee and service charge for Mutual Fund investment.<br><br></div>
23-May-2020 DCB Bank informs about investor presentation <P align=justify>DCB Bank has informed that it has enclosed Investor Presentation Q4 - FY 2020 May 23, 2020.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.<BR>
23-May-2020 DCB Bank informs about press release <P align=justify>DCB Bank has informed that it has enclosed press release titled, 'DCB Bank announces Full Year FY 2020 Results'.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.
17-Apr-2020 Ambalal Sarabhai Enterprises, Emami and Vodafone Idea to see some action today <p align="justify">CoSara Diagnostics (CoSara), a Joint Venture (JV) company of Synbiotics, a wholly owned subsidiary of <strong>Ambalal Sarabhai Enterprises</strong> and CoDiagnostics Inc, USA, has started the import and marketing of COVID-19, RT-PCR test kits in India based upon the license granted by CDSCO. CoSara will be marketing pan India the US FDA and CE approved kits of its joint venture partner CO-DIAGNOSTICS INC., USA.</p><p align="justify"><strong>Emami</strong> has forayed into the hand sanitizer space under its flagship skincare brand BoroPlus, market leader in the Antiseptic Cream segment, by launching the BoroPlus Advanced Anti-Germ Hand Sanitizer. The company has prioritised the launch of this Hand Sanitizer--an essential commodity in the midst of the Covid-19 epidemic, ensuring the maximum available production capacity in order to bring an effective product to consumers in the shortest possible time, given the dire need for the same.</p><p align="justify"><strong>Vodafone Idea</strong> has added network capacity to cater to the rising demand for data in Delhi-NCR, amid the ongoing lockdown to contain the spread of coronavirus. The company has further enhanced network capacity in the circle by deploying the most efficient 900 MHz spectrum band on 2300 4G sites. The sites upgraded will facilitate better indoor network experience and enhance network speed in Delhi-NCR. </p><p align="justify"><strong>Hindustan Aeronautics</strong> (HAL) has produced and handed over more than 300 Aerosol boxes to various state governments like Karnataka, UP, Maharashtra, AP, Telangana and Kerala. The transparent box acts as an insulator between the doctor and the patient, and it can significantly reduce the possibility of COVID-19 transmission to doctors and medical staff treating coronavirus patients. The boxes are produced at various divisions of company across the country.</p><p align="justify"><strong>India Glycols</strong> has resumed operations of its Chemical and other ancillary plant(s) at Kashipur (Uttarakhand), Distillery Plant at Gorakhpur (Uttar Pradesh), and Plant at Selaqui-Dehradun (Uttarakhand). </p><p align="justify"><strong>DCB Bank</strong> has witnessed significant jump in its foreign remittance services on the coronavirus outbreak, specially for education purposes, as parents want to ensure their children abroad have sufficient money to sustain themselves in situation of a lockdown. Since March 15, 2020 the bank's volumes on outward remittance services have increased many folds. There is a significant difference in before-and-after demand since mid of March. </p><p align="justify"><strong>Thomas Cook (India)</strong> is planning to reopen specific branches which will be located at Trivandrum – Kerala, Rajkot – Gujarat, Kapurthala – Punjab and Madgaon – Goa, for the purpose of MTSS resumption of Inward Remittance Services to be made available to the public with effect from April 16, 2020.</p><p align="justify"><br></p>
17-Apr-2020 DCB Bank zooms on witnessing significant jump in foreign remittance services <div align="justify">DCB Bank is currently trading at Rs. 89.00, up by 4.05 points or 4.77% from its previous closing of Rs. 84.95 on the BSE.<br></div><div align="justify"><br></div><div align="justify">The scrip opened at Rs. 88.35 and has touched a high and low of Rs. 90.80 and Rs. 87.00 respectively. So far 25629 shares were traded on the counter.<br><br></div><div align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 244.60 on 25-Jun-2019 and a 52 week low of Rs. 73.25 on 25-Mar-2020.<br><br></div><div align="justify">Last one week high and low of the scrip stood at Rs. 90.80 and Rs. 79.75 respectively. The current market cap of the company is Rs. 2739.42 crore.<br><br></div><div align="justify">The promoters holding in the company stood at 14.89%, while Institutions and Non-Institutions held 57.40% and 27.70% respectively.<br><br></div><div align="justify">DCB Bank has witnessed significant jump in its foreign remittance services on the coronavirus outbreak, specially for education purposes, as parents want to ensure their children abroad have sufficient money to sustain themselves in situation of a lockdown. Since March 15, 2020 the bank's volumes on outward remittance services have increased many folds. There is a significant difference in before-and-after demand since mid of March. <br><br></div><div align="justify">The bank has been getting large number of calls from resident Indians as to how they can send money to their children studying abroad, for immigrant Indians and for medical emergencies, among others. One need not to be a DCB customer to send money abroad, the person can avail the remittance service by logging into www. dcbremit.com. One can use the DCB Remit platform by transferring funds from savings bank account in another bank anywhere in India to a specified DCB Bank account.<br><br></div><div align="justify">DCB Bank is one of the emerging private sector banks in India. The Bank is amongst the first private sector banks to waive advisory fee and service charge for Mutual Fund investment.<br></div>