Mahadhan AgriTech Ltd., a wholly owned subsidiary of Deepak Fertilisers and Petrochemicals Corp. Ltd., has allotted shares worth Rs 399.99 crore to its parent company on a rights basis, DFPCL said on Thursday. The subsidiary allotted 20.02 lakh equity shares at Rs 10 each with a premium of Rs 1,970 per share, according to a regulatory filing.
DFPCL said the shares were credited to its demat account on May 7.
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