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Deepak Nitrite elevated Shri Maulik Mehta to Deputy Managing Director for a five-year term. The move ensures leadership continuity and strategic alignment for future growth.
Shri Maulik Mehta is elevated to Deputy Managing Director for five years. He previously served as Executive Director and CEO of Deepak Nitrite Limited.
Deepak Nitrite Limited has scheduled a board meeting on May 15, 2026, to consider audited standalone and consolidated financial results for the year ended March 31, 2026. The board will also consider a recommendation for a final dividend. The trading window for designated persons remains closed until May 17, 2026.
Deepak Nitrite Limited has scheduled a board meeting on May 15, 2026, to consider and approve audited standalone and consolidated financial results for the year ended March 31, 2026. The board will also consider recommending a final dividend. The trading window remains closed until May 17, 2026.
Deepak Nitrite Ltd has scheduled a Board Meeting on May 15, 2026. The board will consider and approve audited standalone and consolidated financial results for the year ended March 31, 2026, and recommend a dividend on equity shares for the same period.
Deepak Nitrite subsidiary Deepak Chem Tech Limited has partnered with Praxair India to build and operate a HyCO plant in Dahej, Gujarat. The facility will secure key raw materials for DCTL's upcoming Polycarbonate Project. The plant is expected to be commissioned in 2028, ensuring supply chain resilience and operational efficiency.
Deepak Nitrite's subsidiary Deepak Phenotics Limited has invested ₹150 Crore into another subsidiary, Deepak Chem Tech Limited, by subscribing to 9% Optionally Convertible Redeemable Preference Shares. This intra-group capital infusion aims to strengthen DCTL's capital base and support its project expenses for chemical plants in Gujarat.
Deepak Chem Tech Limited, a subsidiary of Deepak Nitrite Limited, partnered with Praxair India to build a HyCO plant in Gujarat. The facility will secure key raw materials for its upcoming Polycarbonate Project. The plant is expected to be commissioned in 2028, enhancing supply chain resilience and operational efficiency.
Deepak Nitrite's subsidiary, Deepak Phenolics Limited, invested ₹150 Crore in another subsidiary, Deepak Chem Tech Limited, by subscribing to 1,50,00,000 Optionally Convertible Redeemable Preference Shares. The infusion strengthens DCTL's capital base for project expenses and corporate purposes. The transaction was conducted on an arm's length basis.
Deepak Nitrite Ltd (BSE: 506401) submitted its initial disclosure under the SEBI Large Corporate framework. The company confirmed it is not a Large Corporate as of March 31, 2026, reporting zero outstanding borrowings. ICRA has assigned the company a short-term rating of A1+ and a long-term rating of AA Stable.