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Company Profile

DEEPAK NITRITE LTD.

NSE : DEEPAKNTRBSE : 506401ISIN CODE : INE288B01029Industry : ChemicalsHouse : Mehta CK
BSE2270.20-34.55 (-1.5 % )
PREV CLOSE (Rs.) 2304.75
OPEN PRICE (Rs.) 2288.35
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 9420
TODAY'S LOW / HIGH (Rs.)2249.00 2296.30
52 WK LOW / HIGH (Rs.)1812.1 2520
NSE2271.85 -33.4 (-1.45 % )
PREV CLOSE(Rs.) 2305.25
OPEN PRICE (Rs.) 2291.00
BID PRICE (QTY) 2271.85 (37 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 202028
TODAY'S LOW / HIGH(Rs.) 2245.60 2297.00
52 WK LOW / HIGH (Rs.)1812.75 2521.15

Company News

Date Heading Details
21-Mar-2024 Deepak Nitrite's arm commences manufacturing operations of Fluorination Plant <p style="text-align: justify;">Deepak Nitrite's wholly owned subsidiary -- Deepak Chem Tech (DCTL) has commenced manufacturing operations of its state-of-the-art Fluorination Plant on March 21, 2024 at Dahej, District Bharuch in Gujarat for manufacturing Benzo Trifluoride (BTF).</p><p style="text-align: justify;">Recently, DCTL also commenced operations in a manufacturing unit at Sankarda near Vadodara in Gujarat. The said unit at Sankarda has commenced production of speciality salts for niche application in chemicals and petrochemicals industry.</p><p style="text-align: justify;">Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals.</p><div style="text-align: justify;"><br></div>
21-Mar-2024 Deepak Nitrite informs about newspaper publication of postal ballot notice <div style="text-align: justify;">Pursuant to Regulation 47 (1) (d) and 47 (3) of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements), 2015, Deepak Nitrite has informed that it enclosed the newspaper clippings of Notice of Postal Ballot, published in newspapers - Indian Express (English) and Financial Express (Gujarati), Ahmedabad edition on Thursday, 21st March, 2074. The said notices have also been uploaded on website of the Company.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
23-Feb-2024 Deepak Nitrite informs about details of loss of certificate <div style="text-align: justify;">Deepak Nitrite has informed that, the Company has been informed by Registrar and Transfer Agent ('RTA') Link Intime India that it has received intimation about loss of share certificates and request for issue of duplicate share certificates from following shareholder: Sunita Kumudchandra Shah (Folio No. S001777)</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
21-Feb-2024 Deepak Nitrite informs about loss of share certificates <div>Deepak Nitrite has informed that Registrar and Transfer Agent ('RTA') Link Intime India has received intimation about loss of share certificates and request for issue of dupticate share certificates from shareholder.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
09-Feb-2024 Deepak Nitrite informs about conference call <div>Deepak Nitrite has informed about Conference Call on the Financial Results for the Third Quarter and Nine Months ended 31st December, 2023. Details are attached.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
01-Feb-2024 Deepak Nitrite's arm to invest Rs 9,000 crore to establish projects in Dahej <p style="text-align: justify;">Deepak Nitrite's wholly owned subsidiary -- Deepak Chem Tech has signed a Memorandum of Understanding (MoU) with Government of Gujarat on January 31, 2024, with an intent to invest around Rs 9,000 crore to establish projects at Dahej, in the State of Gujarat, to manufacture Polycarbonate Resins and compounds, Methyl methacrylate (MMA) and Poly Methyl methacrylate (PMMA) Resins and compounds and Aniline. The proposed investment will also help reduce India's import bill.</p><p style="text-align: justify;">Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals.</p><div style="text-align: justify;"><br></div>
21-Dec-2023 Deepak Nitrite's arm to offtake propylene, hydrogen from Petronet LNG <p style="text-align: justify;">Deepak Nitrite's wholly owned material subsidiary -- Deepak Phenotics (DPL) has received approval from board of directors for execution of binding Term Sheet between DPL and Petronet LNG (PLL) for offtake of 250 KTPA of Propytene and 11 KTPA of Hydrogen from Petronet Petrochemical Project at Dahej, Gujarat for a period of 15 years from the date of first supply of Propylene and Hydrogen by PLL to DPL.</p><p style="text-align: justify;">Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals.</p>
21-Dec-2023 Mazagon Dock Shipbuilders, Deepak Nitrite and REC to see some action today <p style="text-align: justify;"><span style="font-weight: bold;">Mazagon Dock Shipbuilders</span> (MDL) has signed a contract with Acquisition wing of Ministry of Defence for Construction and Delivery of six Next generation Offshore Patrol Vessels (NGOPVs) for Indian Coast Guard (ICG) on December 20, 2023.</p><p style="text-align: justify;"><span style="font-weight: bold;">Deepak Nitrite</span>'s wholly owned material subsidiary -- Deepak Phenotics (DPL) has received approval from board of directors for execution of binding Term Sheet between DPL and Petronet LNG (PLL) for offtake of 250 KTPA of Propytene and 11 KTPA of Hydrogen from Petronet Petrochemical Project at Dahej, Gujarat for a period of 15 years from the date of first supply of Propylene and Hydrogen by PLL to DPL.</p><p style="text-align: justify;"><span style="font-weight: bold;">REC</span>'s wholly owned subsidiary -- REC Power Development &amp; Consultancy has incorporated wholly owned subsidiary in the name of Kankani Power Transmission. The said company is also subsidiary company of REC, in terms of the provisions of Section 2(87) of the Companies Act, 2013. The company has been incorporated to develop Transmission system for ‘Rajasthan Intra-state Transmission Package 3 (P3)'.</p><p style="text-align: justify;"><span style="font-weight: bold;">Raymond</span>'s wholly owned subsidiary-- Raymond Lifestyle has incorporated a wholly owned subsidiary company by the name ‘Ten X Realty East' on December 20, 2023 to undertake redevelopment project(s). TXREL has been incorporated with the object to undertake real estate business.&nbsp;</p><p style="text-align: justify;"><span style="font-weight: bold;">Bank of India </span>has infused Rs 19.2 crore in its mutual fund arm Bank of India Investment Managers. Bank of India Investment Managers is 100% subsidiary of Bank of India. However, the bank did not disclose the reason for capital infusion into the mutual fund arm.&nbsp;</p><p style="text-align: justify;"><span style="font-weight: bold;">DCB Bank </span>has entered into a co-lending business alliance with Easy Home Finance (EASY) - India's leading mortgage Tech Company, to offer affordable home loans in the country. This alliance seeks to leverage DCB Bank's expertise in the affordable housing segment and EASY's tech capabilities to enable quick disbursement of affordable home loans and fulfill the dream of many an Indian of owning a home, come true.</p><div style="text-align: justify;"><span style="font-weight: bold;">AstraZeneca Pharma India</span> is all set to launch Enhertu in January 2024 in India. Trastuzumab deruxtecan (Enhertu) is indicated for the treatment of adult patients with unresectable or metastatic HER2-positive breast cancer who have received a prior anti-HER2-based regimen.</div>
19-Dec-2023 Deepak Nitrite informs about details of loss of certificate <div style="text-align: justify;">Deepak Nitrite has informed that the Company has been informed by Registrar and Transfer Agent ('RTA') Link Intime India that it has received intimation about loss of share certificates and request for issue of duplicate share certificates from following shareholder: Shanti Prakash Khetan (Folio No. S002864). A copy of the intimation received from the RTA is enclosed as Annexure-A.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
04-Dec-2023 Deepak Nitrite incorporates wholly owned subsidiary <p style="text-align: justify;">Deepak Nitrite has incorporated wholly owned subsidiary (WOS) in the name of DEEPAK PMC (DPMCL). The company has incorporated wholly owned subsidiary on December 3, 2023. The Authorised and Paid-up Equity Share Capital of DPMCL shall be Rs 5 crore. DPMCL shall engage in the business of inter alia providing Project Engineering, Procurement, Construction, Commissioning, Management and Consultancy services.&nbsp;</p><p style="text-align: justify;">The business proposed to be undertaken through DPMCL is outside the main line of business of the Company i.e. manufacturing of chemicals. The Registrar of Companies, has approved the application of the Company for incorporation of a new Company as a wholly owned subsidiary.</p><p style="text-align: justify;">Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals.</p>