Comments
The board of DCW has approved the allotment of 3.30 crore equity shares of face value ₹2 each at ₹18 a share, aggregating to ₹59.40 crore to promoters and business associates, including relatives of business associates and investors (allottees). It also approved the allotment of about 70.39 lakh warrants convertible into equity shares each at ₹18 a share, aggregating to ₹3.167 crore (towards 25 per cent of the issue price paid by the allottees). Shares of DCW jumped 2.47 per cent at ₹14.50 on the BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.