The Directorate General of Trade Remedies (DGTR) has announced the imposition of anti-dumping duties on imports of Diamino Stilbene 2, 2 Disulphonic Acid (DASDA) from China. This regulatory action represents a significant development in India's trade protection measures for the chemical manufacturing sector.

Anti-Dumping Measure Details

The DGTR's decision to impose these duties stems from concerns about unfair trade practices involving DASDA imports from Chinese manufacturers. Anti-dumping duties are typically implemented when imported goods are sold at prices below their normal value in the exporting country, potentially harming domestic industry.

Impact on Domestic Chemical Industry

This protective measure is expected to benefit Indian chemical manufacturers who produce DASDA or compete in related market segments. Deepak Nitrite , among other domestic chemical companies, may find improved market conditions as a result of these duties.

Market Implications

The imposition of anti-dumping duties on DASDA imports could lead to:

• Enhanced competitiveness for domestic manufacturers
• Potential price stabilization in the Indian DASDA market
• Reduced dependency on Chinese imports for this chemical compound
• Strengthened position for Indian chemical companies in the specialty chemicals segment

Regulatory Framework

The DGTR operates under India's trade remedies framework, investigating cases of alleged dumping and recommending appropriate measures to protect domestic industry interests. This latest action demonstrates the government's commitment to supporting fair trade practices in the chemical sector.

Deepak Nitrite Limited has announced a significant intra-group investment transaction involving its wholly owned subsidiaries. Deepak Chem Tech Limited (DCTL) has successfully allotted preference shares worth ₹100 crores to Deepak Phenolics Limited (DPL) on February 27, 2026, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Transaction Details

The investment involves the allotment of 1,00,00,000 9% Optionally Convertible Redeemable Preference Shares (OCRPS) by DCTL to DPL. Each preference share carries a face value of ₹100 and has been issued at par value, resulting in a total transaction value of ₹100.00 crores.

Company Profile and Operations

Deetak Chem Tech Limited operates as a wholly owned subsidiary of Deepak Nitrite Limited in the chemical industry. The company currently runs a state-of-the-art fluorination plant and has been actively pursuing projects across various sites in Gujarat. DCTL was incorporated on October 9, 2020, and has shown significant growth in its operations.

Financial Performance

Capital Structure and Shareholding

Prior to this allotment, DCTL maintained a paid-up capital of ₹1999.50 crores, comprising ₹499.50 crores in equity shares and ₹1500 crores in preference shares. Following the current transaction, Deepak Nitrite Limited continues to hold 100% of the equity share capital of DCTL, while together with DPL, it maintains indirect control of 100% of the preference share capital.

Strategic Objectives

The primary objective of this fund infusion is to strengthen DCTL's capital base and provide financial support for:

• Project expenses across various Gujarat sites
• General corporate purposes
• Expansion of fluorination plant operations
• Support for ongoing chemical industry projects

Regulatory Compliance

The transaction qualifies as a Related Party Transaction (RPT) since both DCTL and DPL are wholly owned subsidiaries of Deepak Nitrite Limited. However, the company has confirmed that the transaction has been conducted on an "arms length" basis. No governmental or regulatory approvals were required for this investment, and the allotment was completed on the same day of announcement.

This strategic investment demonstrates the company's commitment to strengthening its subsidiary operations and expanding capabilities in the chemical sector, particularly in fluorination technology and related projects across Gujarat.