31st AGM: all 8 resolutions passed, dividend of Rs 1.45 per share confirmed
DCBBANK · price
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DCB Bank held its 31st AGM on July 3, 2026 via video conferencing. Shareholders approved all 8 resolutions. Key items passed: audited FY26 financial statements adopted; dividend of Rs 1.45 per equity share (face value Rs 10) for FY26 declared; re-appointment of two directors approved; joint statutory auditors appointed; ESOP pool expansion approved. Fundraising plans were cleared, including issuing bonds/debentures on private placement and a Qualified Institutions Placement (QIP). The QIP resolution saw the highest dissent, passing with 84.93 percent support as institutional investors voted 23.12 percent against it.
Dividend of Rs 1.45 per share confirmed for FY26. Capital-raising routes (bonds and QIP) cleared, giving the bank funding flexibility though the QIP faced 15 percent institutional dissent.