SmallCap World Fund Inc and Anirudh Damani have offloaded shares of Deepak Fertilisers and Petrochemicals for Rs 131 crore through open market transactions. According to the bulk deal data available with the NSE, SmallCap World Fund Inc sold 23,54,000 shares, amounting to 1.86 per cent stake in Deepak Fertilisers and Petrochemicals. Also, Damani disposed of 42,943 shares in the firm. The shares were offloaded in the range of Rs 548.42-550.57 apiece, taking the transaction value to Rs 131.46 crore.
Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is among India’s leading producers of fertilisers and industrial chemicals.