Deepak Nitrite
1,902.60
-20.20(-1.05%)
Market Cap₹26,225.70 Cr
PE Ratio37.60
IndustryChemicals
Company Performance:
1D-1.05%
1M-2.16%
6M-14.14%
1Y-35.57%
5Y+210.81%
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Latest news about Deepak Nitrite
Deepak Nitrite Subsidiary Issues ₹176 Crore Preference Shares to Deepak Phenolics Jun 06, 2025
Deepak Nitrite Reports Mixed Q4 FY2025 Results: Revenue Up, Profit Down May 29, 2025
Deepak Nitrite Reports 20% Drop in Q4 Profit, Announces Dividend May 28, 2025
Deepak Nitrite Poised to Benefit from Extended Ammonium Nitrate Manufacturing Licenses Apr 21, 2025
More news about Deepak Nitrite
17Apr 25
Deepak Nitrite's Subsidiary Strengthens Capital Base with ₹163 Crore OCRPS Issuance
Deepak Chem Tech Limited (DCTL), a wholly-owned subsidiary of Deepak Nitrite Limited, has issued Optionally Convertible Redeemable Preference Shares (OCRPS) worth ₹163 crore to another subsidiary, Deepak Phenolics Limited. The transaction involves 1,63,00,000 9% OCRPS with a face value of ₹100 each. This move aims to strengthen DCTL's capital base and support its ongoing projects in Gujarat. DCTL's paid-up capital before the allotment was ₹923 crore, comprising ₹499.50 crore in equity shares and ₹423.50 crore in preference shares. The transaction, executed on an arm's length basis, required no governmental or regulatory approvals.
16Apr 25
Deepak Nitrite's Subsidiary Raises ₹163 Crore Through Preference Share Issue
Deepak Nitrite Limited's wholly-owned subsidiary, Deepak Chem Tech Limited (DCTL), has issued Optionally Convertible Redeemable Preference Shares (OCRPS) worth ₹163 crore to another subsidiary, Deepak Phenolics Limited. The transaction, completed on April 16, 2025, involved 1,63,00,000 9% OCRPS at ₹100 each. This move aims to strengthen DCTL's capital base for ongoing projects. Deepak Nitrite maintains 100% ownership of DCTL's equity, while indirectly holding 100% of its preference shares. DCTL, incorporated in 2020, operates a fluorination plant and is pursuing various projects in Gujarat.
Deepak Nitrite
1,902.60
-20.20
(-1.05%)
1 Year Returns:-35.57%
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