<h1>Ducol Organics Allots 17,64,697 Equity Shares at Rs 170 Per Share in Preferential Allotment</h1>
Ducol Organics And Colours Limited has completed a significant equity allotment totaling 17,64,697 shares. The allotment was made on a preferential basis through a share swap mechanism, with each equity share having a face value of Rupees Ten only. The issue price for the new shares was set at Rs 170 per Equity Share.
The equity shares were allotted to two public allottees. The details of the allotting are provided below:
| Sr. No. | Name of the Allottee | Category | No. of Equity Shares Allotted |
|---|---|---|---|
| 1 | Ritesh Vinodbhai Mehta | Public | 15,53,609 |
| 2 | Vikesh Navinchandra Mehta | Public | 2,11,088 |
| Total | 17,64,697 |
Following the allotment of these shares, Ducol Organics And Colours Limited saw its paid-up Equity Share Capital increase. The total capital now stands at Rs 18,01,89,730/-. This increased amount is comprised of a total of 1,80,18,973 Equity Shares, each having a face value of Rs 10/-.
The company's Board of Directors considered and approved the allotment during a meeting that commenced at 4:30 P.M. and concluded at 6:30 P.M. on June 26, 2026.
DUCOL Stock Price Movement
Shares of Ducol Organics And Colours Limited slipped by 2.68% to settle on Thursday at ₹109 following weaker trading. A total traded volume of 3,200 shares was recorded for the equity during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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