Ducol Organics And Colours Limited Receives In-Principle Approval for Listing of Equity Shares
Ducol Organics And Colours Limited has secured in-principle approval from the National Stock Exchange of India Limited (NSE) for the listing of a significant tranche of its equity shares. The shares were allotted through a preferential issue to strategic investors.The company confirmed the receipt of the in-principle approval, detailing the specific shares and their allotment method.
The core financial details related to the listing approval are as follows:
| Detail | Value |
|---|---|
| Company | Ducol Organics And Colours Limited |
| Total Shares Listed | 39,682 Equity Shares |
| Face Value Per Share | Rs. 10/- |
| Allotment Basis | Preferential Issue |
| Distinctive Share Numbers | 16,254,277 to 16,293,958 |
The listing approval covers the 39,682 Equity Shares of Rs. 10/- each, which were allotted on a preferential basis.
The company stated that the shares would be listed and admitted to dealings on the Exchange once confirmation is received from the depositories, namely NSDL and CDSL, for the credit into the beneficiaries' accounts.
DUCOL Stock Price Movement
On Friday, Ducol Organics And Colours Limited shares edged higher to close at ₹114.00, gaining 1.97% on the day. The stock traded a volume of 4,800 shares, concluding the session after moving between a low of ₹112.75 and a high of ₹114.95.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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