DCB Bank Limited, a prominent player in India's banking sector, has recently announced its second quarter FY2026 results and completed a preferential share allotment to its promoter.

Quarterly Financial Results

DCB Bank announced its financial results for the second quarter of FY2026, reporting a Profit After Tax of ₹184 crores, marking an 18% increase from ₹155 crores in Q2 FY2025. The bank demonstrated strong growth momentum with both advances and deposits growing 19% year-on-year.

Key highlights of the Q2 FY2026 results include:

• Asset quality improvement with Gross NPA declining to 2.91% and Net NPA at 1.21% as of September 30, 2025.
• Provision Coverage Ratio stood at 74.15%.
• Capital Adequacy Ratio remained robust at 16.41% with Tier I at 13.97%.

Managing Director & CEO Praveen Kutty highlighted continued strong growth in deposits and advances, reduction in cost of deposits and borrowing leading to NIM improvement, and lower credit costs due to improved collections and recovery.

The results were approved by the Board of Directors on October 17, 2025, and were accompanied by a Limited Review Report from the bank's Joint Statutory Auditors, B S R & Co. LLP and Varma & Varma.

Preferential Share Allotment

DCB Bank completed a preferential allotment of shares to its promoter, Aga Khan Fund for Economic Development S.A (AKFED). The details of this transaction are as follows:

This preferential allotment was executed after receiving necessary approvals from the bank's shareholders and the Reserve Bank of India on September 29, 2025. The transaction was conducted in compliance with SEBI ICDR regulations and other applicable rules and guidelines.

Corporate Structure Update

DCB Bank has confirmed that as of September 30, 2025, it does not have any subsidiary, associate, or joint venture companies.

The bank's proactive disclosure of these developments aligns with its obligations under various regulations, including SEBI's Listing Obligations and Disclosure Requirements.

DCB Bank Limited, a prominent player in the Indian banking sector, has announced a significant change in its leadership. Mr. Farokh N. Subedar, who held the positions of Part Time Non-Executive Chairperson and Independent Director, has retired from the bank, effective October 14, 2025.

Retirement Details

Mr. Subedar's departure comes as he completes his term as an Independent Director. The bank officially communicated this change through a filing with the stock exchanges, in compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Key Information

Bank's Acknowledgment

DCB Bank has expressed its gratitude for Mr. Subedar's contributions during his tenure. In its official statement, the bank noted, "The Bank places on record its appreciation of the exemplary contribution made by Mr. Subedar during his tenure and wish him very best for all his future endeavours."

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of the SEBI Listing Regulations, demonstrating DCB Bank's commitment to transparent communication with its stakeholders and regulatory compliance.

This leadership change marks a significant moment for DCB Bank, as it prepares for a transition in its top management structure.