Deepak Fertilisers Subsidiary Allots Shares Worth Rs 400 cr

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May 08, 2025 16:05

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Mahadhan AgriTech, a subsidiary of Deepak Fertilisers, allotted shares worth Rs 399.99 crore to its parent company on a rights basis. Learn more.
New Delhi, May 8 (PTI) Mahadhan AgriTech Ltd, a wholly owned subsidiary of Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL), 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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