Deepak Nitrite Board To Mull Fund Elevating On 22 Dec

Deepak Nitrite board to mull fund elevating on 22 Dec


Deepak Nitrite introduced on Tuesday that the corporate’s board will meet on December 22, 2021 to contemplate elevating funds.

In an change submitting, Deepak Nitrat stated {that a} assembly of the corporate’s board of administrators is scheduled to be held on Wednesday, December 22, 2021 to contemplate elevating funds by issuing fairness shares or another instrument or securities together with full safety. / Partially Convertible Debentures or Non-Convertible Debentures or Certified Establishments Placement, Non-public Placement and / or Public Challenge of Fairness / Debt Securities by joint challenge of another eligible securities.

Deepak Nitrite is likely one of the quickest rising chemical intermediaries in India with dyes and pigments, agrochemicals, prescribed drugs, plastics, paper and residential and private care segments and petro-derivatives. Its merchandise are manufactured in six vegetation in 5 places overseas, all of that are acknowledged by Accountable Care.

The corporate posted a internet revenue of Rs. Consolidated internet revenue in Q2 FY22 elevated by 49.4% to Rs. 254.34 crore. Internet revenue from operations elevated by 70.3% in Q2 FY22 to Rs. 1,681.35 crore.

Shares of Deepak Nitrite rose 1.06% to Rs. Was buying and selling at 2,349.95.

Run by Capital Market – Stay Information

(This story has not been edited by Enterprise Normal employees and has been auto-generated from the Syndicate feed.)

Pricey reader,

Enterprise Normal has all the time strived to offer up-to-date data and commentary on developments which can be of curiosity to you and have broad political and financial implications for the nation and the world. Your encouragement and fixed suggestions on learn how to make our supply higher has additional strengthened our dedication and dedication to those beliefs. Even in these tough occasions arising from Covid-19, we’re dedicated to preserving you knowledgeable and up-to-date with credible information, authoritative opinions and sharp feedback on compatibility points.
Nevertheless, our request is.

As we battle the financial affect of the epidemic, we want extra of your assist in order that we will proceed to offer you extra high quality content material. Our subscription mannequin has obtained encouraging suggestions from lots of you who’ve subscribed to our on-line content material. Extra subscriptions to our on-line content material can solely assist us obtain our targets of providing you higher and extra related content material. We consider in free, honest and credible journalism. Your assist via extra subscriptions may also help us examine journalism for which we’re dedicated.

Assist high quality journalism and Subscribe to Enterprise Normal.

Digital editor

.



More News click here