Deepak Nitrite has informed that the Project Funding Committee of Board of Directors of the Company, at its meeting held on January 06, 2016, has approved the allotment of 11,750,000 Equity Shares of Rs 2 each at a price of Rs 70.90 per Equity Share (including premium of Rs 68.90 per Equity Share). Consequent to the said allotment, the Paid-up Equity Share Capital of the Company has increased from Rs 209,076,380 consisting of 104,538,190 Equity Shares of Rs 2 each to Rs 232,576,380 consisting of 116,288,190 Equity Shares of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.
