StockWatch
·
Private Sector Bank
Quarterly Result24 Apr 2026, 04:07 pm

DCB Bank: FY26 Audited Results, ₹1.45 Dividend Recommended

AI Summary

DCB Bank Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. A dividend of ₹1.45 per equity share (face value ₹10) was recommended, subject to shareholder approval. The board also approved enabling resolutions for raising funds via debt securities (up to ₹500 crores) and equity shares/convertible securities (up to ₹1,500 crores), subject to shareholder and regulatory approvals.

Key Highlights

  • DCB Bank's board approved audited financial results for FY26.
  • A dividend of ₹1.45 per share was recommended, pending shareholder approval.
  • Fundraising of up to ₹500 Cr via debt securities approved.
  • Fundraising of up to ₹1,500 Cr via equity/convertible securities approved.
  • Audited results were reviewed by Joint Statutory Auditors M/s. B S R & Co LLP and M/s. Varma & Varma.