Deepak Nitrite Limited — New Orders, 06-02-2025: Awarding of order(s)/contract(s)

Deepak Nitrite Limited has executed definitive agreements with Petronet LNG Limited for the supply of 250 KTPA of Propylene and 11 KTPA of Hydrogen. This procurement will support Deepak Phenolics Limited, a wholly-owned subsidiary, over a contract period of 15 years. The agreements mark a significant move in securing raw materials essential for operations, potentially enhancing production capacities and long-term cost management. Investors should note this strategic alignment, which could bolster the company’s outlook and operational efficiency, potentially positioning it favorably in the market moving forward.