Deepak Fertilisers and Petrochemicals Corporation Ltd allots rights shares

The Rights Issue Committee of Deepak Fertilisers and Petrochemicals Corporation Limited, at its meeting held today, i.e., October 20, 2020, has considered and approved the allotment of 1,33,92,663 Equity Shares at a price of Rs. 133 per Equity Share (including a premium of Rs. 123 per Equity Share) after the finalisation of the basis of allotment of the Issue, in consultation with the designated stock exchange, BSE Limited.

Accordingly, pursuant to the Allotment, the paid-up equity share capital of the Company has increased to Rs. 1,02,67,70,880 divided into 10,26,77,088 equity shares of ₹ 10/- each.

Shares of DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. was last trading in BSE at Rs.146.95 as compared to the previous close of Rs. 139.2. The total number of shares traded during the day was 73880 in over 1959 trades.

The stock hit an intraday high of Rs. 149.35 and intraday low of 138.55. The net turnover during the day was Rs. 10752422.

Source : Equity Bulls

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