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DCM Nouvelle further invests Rs 32 crore in DCMSCL

30 Dec 2024 Evaluate

DCM Nouvelle has further invested an amount of Rs 32 crore by way of subscription to the additional 1,07,41,200 fully paid-up Equity Shares of face value Rs 10 each of DCM Nouvelle Specialty Chemicals (DCMSCL) offered through rights issue. The shares rank pari-passu to existing Equity Shares of the company. Post-Acquisition, the shareholding of the company in DCMSCL has increased from 82.90% to 87.08%. Acquiring additional equity stake of the DCMSCL, will add additional revenue segment for the company and will create value to the company.

The company, primarily, engaged in the business of manufacturing and sale of Cotton Yarn.


DCM Nouvelle Share Price

158.95 -3.05 (-1.88%)
16-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 145.75
Vardhman Textiles 630.50
Arvind 496.65
K.P.R. Mill 1054.50
Page Industries 39072.30
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