The bank offered 21,770,000 equity shares to qualified institutions buyers under the QIP at an issue price of Rs 174 per share, DCB Bank said in a regulatory filing.
A senior official of the bank had earlier said that infusion of up to Rs 400 crore through the qualified institutions placement (QIP) will help it add up to 2 percentage points to the core capital buffer.
Shares of the bank closed 0.55 per cent down at Rs 182 on BSE.
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