Development Credit Bank (DCB), the private sector bank, announced that the bank has allotted 42,750 equity shares of Rs 10 each pursuant to the terms of the employee stock option plan (ESOP) of the bank. Post allotment, bank's issued and paid up share capital has increased to 28,14,58,058 shares of Rs 10 each.

Shares of the company declined Rs 0.3, or 0.28%, to trade at  Rs 105. The total volume of shares traded  was  108,292 at the BSE (1.47 p.m., Monday).