Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange regarding Outcome of Board Meeting held on Jun 10, 2025.
DEEPAKFERT · price
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On the reaction day the stock moved 0.9 pts more than Nifty Smallcap 250 and 1.1 pts more than its Commodity Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Deepak Fertilizers has revised the estimated cost of its Dahej, Gujarat project to ₹1,982.79 Crores, up marginally from the earlier estimate of about ₹1,950 Crores approved in August 2023. The project involves setting up a 300 KT per annum Weak Nitric Acid (WNA) plant and two Concentrated Nitric Acid (CNA) plants with a total capacity of 150 KT per annum. The revision follows a Techno-Economic Viability (TEV) study done by lenders as part of converting a bridge loan into a project loan. The cost increase is roughly 1.7% over the original estimate, indicating limited scope escalation at this stage.
The marginal cost revision is unlikely to materially impact shareholders, as the increase is small and reflects a routine lender-driven review rather than new scope. Investors should watch for further updates on project timelines and funding arrangements.