Deepak Fertilisers board to consider allotment of 2nd tranche of FCCBs on Sep 30, 2020

A meeting of the Securities Issue Committee of Deepak Fertilisers & Petrochemicals Corporation Ltd is scheduled on or after 30th September, 2020 to consider the allotment of Second Tranche of FCCBs aggregating to US$ 15 Million to IFC and matters related thereto.

The Securities Issue Committee had earlier approved the terms and conditions for issue of Foreign Currency Convertible Bonds ("FCCBs") aggregating to US$ 30 million in two equal tranches to International Finance Corporation ("IFC") and also disclosing the allotment of 30 (Thirty) FCCBs having a par value of US$ 500,000 each, being the first tranche, to IFC, for an aggregate amount of US$ 15 million.

Shares of DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. was last trading in BSE at Rs.148.7 as compared to the previous close of Rs. 143.95. The total number of shares traded during the day was 23066 in over 602 trades.

The stock hit an intraday high of Rs. 150.3 and intraday low of 145. The net turnover during the day was Rs. 3425954.

Source : Equity Bulls

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