Denis Chem Lab has received an approval for raising funds up to an aggregate value not exceeding Rs 20 crore by way of issue of equity shares of the company to its eligible shareholders on a rights basis (Rights Issue). The board of directors at their meeting held on April 13, 2017, has approved for the same.
Denis Chem Lab is a Public Limited Pharmaceutical Company. It is a part of Sintex Industries, one of India’s top 500 companies having wide interests in Plastics, Textiles & Pharmaceuticals.