Deepak Nitrite Limited — New Orders, 28-10-2024: Awarding of order(s)/contract(s)

Deepak Nitrite Limited's subsidiary, Deepak Phenolics Limited, has approved definitive agreements with Petronet LNG Limited for a 15-year procurement of 250 KTPA of Propylene and 11 KTPA of Hydrogen, starting from the first supply date. The agreement signifies a strategic move to enhance supply capabilities from Petronet’s Petrochemical Project in Dahej, Gujarat, with no promoter interests or related party transaction concerns.