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Mahadhan AgriTech Allocates Rs 399.99 Crore Worth Of Shares To Deepak Fertilisers

DFPCL said the shares were credited to its demat account on May 7.

<div class="paragraphs"><p>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.</p><p>(Photo Source: Envato)</p></div>
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.

(Photo Source: Envato)

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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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