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| Issue Open | Sep 28, 2020 |
| Issue Close | Oct 12, 2020 |
| Issue Size (Shares) | 1.34 Crores |
| Issue Size (Amount) | ₹178.12 Crores |
| Issue Price | ₹133 per Share |
| Listing At |
Deepak Fertilisers Rights Issue Timetable
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | |
| Issue Opening Date | Sep 28, 2020 |
| Issue Closing Date | Oct 12, 2020 |
| Allotment Date | Oct 21, 2020 |
| Shares Credit Date | Oct 23, 2020 |
| Listing Date | Oct 26, 2020 |
Deepak Fertilisers Rights Issue price is set at ₹133 per Share. The Deepak Fertilisers Rights Issue opens on Sep 28, 2020, and closes on Oct 12, 2020, for the subscription.
The allotment of Deepak Fertilisers Rights Issue is expected to happen on or about Oct 21, 2020 as per the issue schedule.
Deepak Fertilisers Rights Issue expected to list on or around Oct 26, 2020.
The credit of Deepak Fertilisers Rights Issue in Demat account is expected on or about Oct 23, 2020 as per the issue schedule.
The Net Proceeds from the Issue are proposed to be utilized towards: 1. Repayment/prepayment of inter corporate deposits ("ICDs") 2. Reduction of the consolidated borrowings of the Company by way of issuing an ICD to Company's wholly owned Subsidiary, Smartchem Technologies Limited ("STL"), for repayment / prepayment of portion of their outstanding indebtedness; and 3. General corporate purpose.
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