Deepak Nitrite Limited — Others, 18-10-2024: Action(s) taken or orders passed

Deepak Nitrite Limited disclosed that its subsidiaries, Deepak PMC Limited and Deepak Chem Tech Limited, have been fined ₹25,000 and ₹2,00,000 respectively by the Gujarat Stamp Authority for delays in submitting applications for consolidated stamp duty on share certificate issuance. The company is seeking legal advice regarding the penalties, but anticipates no material financial impact beyond the fines imposed.