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Deepak Fertilisers raises Rs 100 cr via debentures

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Press Trust of India Mumbai

Deepak Fertilisers & Petrochemicals Corporation today said it has raised Rs 100 crore by issuance of debentures.

The committee of directors at its meeting held today approved allotment of non-convertible debentures to four lenders, totalling to Rs 100 crore, Deepak Fertilisers said in a filing to the Bombay Stock Exchange.

The company has alloted the said debentures to Bank of Baroda, Yes Bank, IDBI Bank and State Bank of Indore.

Shares of Deepak Fertilisers & Petrochemicals Corporation were trading at Rs 92.90 on the BSE, up 2.54 per cent fro its previous close.

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First Published: Nov 25 2009 | 3:20 PM IST

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