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Dharamsi Morarji Chemical Co redeems preference shares

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Capital Market
Last Updated : Dec 31 2016 | 12:01 AM IST

Aggregating Rs 6 crore

Dharamsi Morarji Chemical Co announced that the Company out of the proceeds of issue of 5,88,930 equity shares of Rs 10 each at a premium of Rs 91.88 per share issued to Promoter companies, redeemed 6 lakh, 8% redeemable cumulative non-convertible preference shares of Rs 100 each aggregating Rs 6 crore.

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First Published: Dec 30 2016 | 2:26 PM IST

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