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Denis Chem Lab declares rights issue

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Capital Market

In the ratio of 2:1

Denis Chem Lab has announced that the Board of Directors of the Company at its meeting held on 19 March 2014, have declared issue of 60,27,864 equity shares of face value of Rs 10 each for cash at a price of Rs 13 per equity share including premium of Rs 3 per equity share on rights basis in the ratio of 2:1 (2 equity shares for every 1 fully paid up equity share) held by the equity shareholders of the Company as on the record date.

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First Published: Mar 19 2014 | 8:00 PM IST

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