Deepak Nitrite Limited — Important, 23-05-2025: General Updates

Deepak Chem Tech Limited (DCTL), a subsidiary of Deepak Nitrite, raised ₹45.50 Cr via 45.5 lakh 9% OCRPS from the parent company. This capital boost will strengthen DCTL’s balance sheet to accelerate fluorination plant projects in Gujarat. DCTL's fluorination facility, commissioned recently, delivered a turnover of ₹0.86 Cr in FY23-24. The funding supports expansion in its core chemical business, aiming to enhance operational capacity and growth potential.