DCB Bank clarifies on PE capital infusion rumours, says nothing material to disclose
DCBBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 2.5 pts more than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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DCB Bank responded to BSE's rumour verification query about a CNBC-TV18 article claiming the bank was in talks with PE firms for capital infusion, which had pushed shares up 5.5 percent. The bank said it evaluates strategic opportunities in the ordinary course but has no material event requiring disclosure under Regulation 30. It also stated it is not aware of any undisclosed material information. No regulatory or legal proceedings are involved.
Stock had risen 5.5 percent on PE infusion rumours; bank denies any material pending disclosure, which may limit further upside