Deepak Fertilizers and Petrochemicals Corporation Limited — JV/Acquisition, 24-12-2025: Acquisition

Deepak Fertilisers' subsidiary, Deepak Mining Solutions (DMSL), is acquiring 100% equity in an explosives manufacturer. While the target's name and deal value remain confidential until closure, this strategic move aims to significantly boost DMSL's exports of value-added products and services. The acquisition will leverage the upcoming Technical Ammonium Nitrate (TAN) capacities at DMSL's Gopalpur plant, and facilitate exporting differentiated products to its 100% owned Mining Services subsidiary in Australia. This positions DMSL for enhanced global reach in the mining sector.