Deepak Fertilizers clarifies on rumours

The company clarified that it has been repaying commercial papers in accordance with the due dates and it has repaid its last commercial papers on the due date in the current month.

Jan 25, 2019 03:01 IST India Infoline News Service

Deepak Fertilisers
Deepak Fertilizers and Petrochemicals clarified their position on various rumours regarding repayment on commercial papers.

“The Company has been repaying commercial papers in accordance with the due dates and has repaid its last commercial papers on the due date in the current month”, mentioned the company in a BSE press release on Thursday evening, post market hours.

The fertilizer company also clarified that there are no commercial papers outstanding as on date payable by itself or any of its subsidiaries.

Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) is a producer of fertilisers and industrial chemicals. DFPCL has a product portfolio comprising industrial chemicals, bulk and specialty fertilisers, farming diagnostics and solutions, fresh produce, technical ammonium nitrate and value added real estate.

Deepak Fertilizers & Petrochemicals Corp Ltd ended at Rs107 up by Rs0.65 or 0.61% from its previous closing of Rs106.35 on the BSE.

The scrip opened at Rs107 and touched a high and low of Rs107 and Rs107 respectively. A total of 2,969 (NSE+BSE) shares were traded on the counter. 

Related Story