Deepak Fertilisers and Petrochemicals Corporation Ltd's rights issue oversubscribed

The rights issue of Deepak Fertilisers And Petrochemicals Corporation Limited closed for subscription today, i.e., October 12, 2020 being the last date of subscription as decided earlier.

The applications received in the rights issue are subject to verification and clearing of payments, as applicable, and finalization of the basis of allotment.

The rights issue got oversubscribed and the Management thanked all the shareholders for their participation in the rights issue and reposing their trust on the Company.

Shares of DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. was last trading in BSE at Rs.146.2 as compared to the previous close of Rs. 149.6. The total number of shares traded during the day was 34821 in over 1055 trades.

The stock hit an intraday high of Rs. 150.45 and intraday low of 145.5. The net turnover during the day was Rs. 5108102.

Source : Equity Bulls

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