Deepak Nitrite Limited — Important, 06-06-2025: General Updates

Deepak Chem Tech Limited (DCTL) has issued 1.76 crore 9% Optionally Convertible Redeemable Preference Shares worth ₹176 Cr to its subsidiary Deepak Phenotics Limited. This capital infusion will strengthen DCTL’s balance sheet to support ongoing projects and debt repayment. DCTL’s fluorination plant in Gujarat showed strong early growth, with turnover rising to ₹9.43 Cr in FY24-25 from ₹0.86 Cr the prior year, highlighting expanding specialty chemical operations.