Denis Chem Lab Ltd allots 21,34,872 Equity Shares on rights basis

Pursuant to the approval received upon finalising the basis of allotment from BSE Limited (being the Designated Stock Exchange), the Board of Directors of the Company in their meeting held today i.e. 25th October, 2017 has allotted 21,34,872 Equity Shares of Rs. 10/- each, issued at a price of Rs. 84/- per share (including a premium of Rs. 74/- per share) on rights Basis ranking pari passu with the existing Equity Shares of the Company.

Shares of Denis Chem Lab Ltd was last trading in BSE at Rs.118.7 as compared to the previous close of Rs. 115.4. The total number of shares traded during the day was 1020 in over 24 trades.

The stock hit an intraday high of Rs. 123.95 and intraday low of 113.25. The net turnover during the day was Rs. 118155.

Source : Equity Bulls

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