MoneyWorks4Me

Denis Chem Lab gets nod to raise funds upto Rs 20 crore

13 Apr 2017 Evaluate

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.

Peers
Company Name CMP
Sun Pharma. Inds. 1840.00
Dr. Reddys Labs. 1222.50
Cipla 1388.90
Lupin 2061.85
Zydus Lifesciences 1212.00
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