The state-run bank made this announcement during trading hours today, 29 June 2012.

Meanwhile, the BSE Sensex was up 411.89 points or 2.42% to 17,402.65.

On BSE, 4.92 lakh shares were traded in the counter as against average daily volume of 4.65 lakh shares in the past one quarter.

The stock hit a high of Rs 99.40 and a low of Rs 97.20 so far during the day. The stock had hit a 52-week high of Rs 104 on 27 February 2012. The stock had hit a 52-week low of Rs 47.50 on 2 January 2012.

The stock had outperformed the market over the past one month till 28 June 2012, surging 10.47% compared with the Sensex's 3.5% rise. The scrip had also outperformed the market in past one quarter, jumping 10.41% as against the Sensex's 0.76% fall.

The state-run bank has an equity capital of Rs 350.06 crore. Face value per share is Rs 10.

Dena Bank said it has raised funds to augment long term resources of the bank and to meet its future capital adequacy ratio requirements. The bonds are carrying a coupon of 9.23% per annum payable annually and are redeemable after 180 months from the deemed date of allotment with call option at the end of 120 months, Dena Bank said. The issue opened on 18 June 2012 and closed on 22 June 2012, Dena Bank said.

Dena Bank's net profit jumped 62.3% to Rs 254.79 crore on 36.4% growth in total income to Rs 2166.36 crore in Q4 March 2012 over Q4 March 2011.

The Government of India (GoI) holds 55.24% stake in Dena Bank (as per the shareholding pattern as on 31 March 2012).