Corporate News     19-Jul-19
Deepak Fertilizers & Petrochemicals Corp divests its stake in Desai Fruits and Vegetables
Deepak Fertilizers & Petrochemicals Corp announced that the company has divested 21.51% stake held in Desai Fruits and Vegetables(DFV), an associate company to Contract Farming Mauritius for consideration of Rs 28.20 crore. The company now hold only 7.17% stake in DFV. The transaction is part of the company's strategy to divest from non-crore investment.

Further, Contract Farming Mauritius has agreed to purchase the balance investments on or before 5 October 2020. Consequent to the aforesaid stake sale, DFV now is no more an associate company of Deepak Fertilizers & Petrochemicals Corp.

Previous News
  Board of Deepak Fertilizers & Petrochemicals Corp approves scheme of arrangement
 ( Corporate News - 15-Dec-22   18:08 )
  Deepak Fertilizers & Petrochem. Corp. to conduct board meeting
 ( Corporate News - 27-Aug-22   10:59 )
  Deepak Fertilizers receives revision in credit ratings from ICRA
 ( Corporate News - 28-Jul-22   12:49 )
  Deepak Fertilisers hits record high; soars 51% in six days
 ( Hot Pursuit - 14-Jun-21   15:18 )
  Deepak Fertilisers gains on fixing rights issue price at Rs 133 per share
 ( Hot Pursuit - 14-Sep-20   09:45 )
  Deepak Fertilizers to consider conversion of FCCBs issued to IFC
 ( Corporate News - 27-Aug-22   11:19 )
  Deepak Fertilizers & Petrochem. Corp. to table results
 ( Corporate News - 30-Jul-19   10:54 )
  Deepak Fertilizers & Petrochemicals Corp consolidated net profit rises 146.89% in the March 2022 quarter
 ( Results - Announcements 25-May-22   15:14 )
  Deepak Fertilizers & Petrochem. Corp. to declare Quarterly Result
 ( Corporate News - 20-Oct-22   10:17 )
  Deepak Fertilizers & Petrochemicals Corp fixes record date for rights issue
 ( Market Beat - Reports 14-Sep-20   13:58 )
  Board of Deepak Fertilizers & Petrochem. Corp recommends interim dividend
 ( Corporate News - 12-Mar-16   12:10 )
Other Stories
  Ugro Capital to raise Rs 75 cr via NCD issuance
  06-Jul-24   10:58
  Board of D.P. Abhushan approves preferential allotment of shares and warrants
  06-Jul-24   10:50
  Life Insurance Corporation of India invest Rs 14 cr in Sri Lankan subsidiary
  06-Jul-24   10:49
  High Energy Batteries (India) to discuss results
  06-Jul-24   10:29
  Havells India schedules board meeting
  06-Jul-24   10:29
  Axis Bank announces board meeting date
  06-Jul-24   10:29
  Mastek to conduct board meeting
  06-Jul-24   10:29
  Oriental Hotels to conduct board meeting
  06-Jul-24   10:29
  Milkfood schedules AGM
  06-Jul-24   10:28
  Transcorp International to table results
  06-Jul-24   10:28
Back Top