Deepak Fertilisers & Petrochemicals has notified the stock exchanges of an upcoming Board of Directors meeting, scheduled in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation, dated May 12, 2026, was addressed to both BSE Limited and the National Stock Exchange of India Ltd.

Board Meeting Details

The Board meeting is set to convene on Thursday, May 28, 2026. The key agenda items to be considered at the meeting are outlined below:

Trading Window Closure

In accordance with the company's Code of Conduct to regulate, monitor, and report trading by insiders, as well as the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window Closure has been in effect. Key details of the closure are as follows:

• Commencement: April 1, 2026
• Closure End: 48 hours after the Audited Financial Results for the quarter and financial year ended March 31, 2026 are made public on May 28, 2026

Regulatory Compliance

The intimation was signed by Rabindra Purohit, VP – Legal, Compliance & Company Secretary (Membership No.: FCS4680), on behalf of Deepak Fertilisers And Petrochemicals Corporation Limited. The company has requested both exchanges to take the information on record and disseminate it on their respective websites, in line with applicable listing regulations.

Deepak Fertilisers & Petrochemicals Corporation Limited has announced that its wholly owned subsidiary, Deepak Mining Solutions Limited (DMSL), completed the acquisition of Chardham Chemicals Private Limited (CCPL), an explosives manufacturing company, on 6th May, 2026. The transaction was executed through a cash consideration of Rs. 121.45 Crores (Rupees One Hundred Twenty One Crores and Forty Five Lakhs), plus incidental legal and other transaction costs, in accordance with the share purchase agreement originally entered on 24th December, 2025.

Acquisition at a Glance

The key parameters of the transaction are summarised below:

About the Acquired Entity

CCPL is a private limited company incorporated on 5th March, 2021, with its registered office at Plot No.-4, F-42, 1st LSC Kalkaji, New Delhi – 110019. The company is engaged in the explosives manufacturing business and has a presence in India. Its paid-up capital stands at Rs. 1,00,000/-.

CCPL reported nil turnover across the last three financial years, as detailed below:

Strategic Rationale

The acquisition is aimed at strengthening DMSL's operational capabilities in the mining sector. According to the regulatory disclosure, the transaction is expected to deliver the following strategic benefits:

• Provide DMSL with a full range of explosives products to undertake mine productivity improvement programs through DMSL's Total Cost of Ownership (TCO) model of value delivery to mines.
• Enable the export of differentiated products to DMSL's 100% owned mining servicing subsidiary in Australia.
• Support servicing of other export markets.

The acquisition does not constitute a related party transaction, and no promoter, promoter group, or group company holds any interest in CCPL. No governmental or regulatory approvals were required to complete the transaction.

Disclosure and Compliance

The event was reported pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the date and time of occurrence recorded as 8:00 P.M. on 6th May, 2026. The disclosure was made in accordance with Para A of Part A of Schedule III read with SEBI Master Circular bearing No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. The information has also been made available on the company's website at www.dfpcl.com .