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Deepak Fertilisers and Petrochemicals’ arm raises Rs 900 crore through NCDs

07 Jun 2023 Evaluate

Deepak Fertilisers and Petrochemicals Corporation’s (DFPCL) wholly owned subsidiary -- Performance Chemiserve (Issuer) has raised Rs 900 crore by issue and allotment of rated, listed, unsecured, redeemable non-convertible debentures (NCDs) on private placement basis to qualified institutional buyers. The payment obligation under aforesaid NCDs is guaranteed by way of Corporate Guarantee of the Company pursuant to Deed of Corporate Guarantee dated June 05, 2023 executed by the Company and the Issuer with the Trustee. 

Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is among India’s leading producers of fertilisers and industrial chemicals.

Deepak Fert & Petro Share Price

1215.50 -37.90 (-3.02%)
24-Apr-2026 13:13 View Price Chart
Peers
Company Name CMP
BASF India 3637.70
Tata Chemicals 693.00
SRF 2478.00
Pidilite Inds. 1391.05
Deepak Nitrite 1681.00
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