DEEPAKNTRNSEDeepak Nitrite Limited· Chemicals - OrganicHighPositive
Announced Fri, 26 Sept · 17:23 IST

Deepak Nitrite Limited has informed the Exchange about General Updates

Greenfield CommissionedCapex & Operations View source PDF

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AI summary

Deepak Chem Tech Limited, a wholly owned material subsidiary of Deepak Nitrite, has commissioned its new Hydrogenation Plant at Dahej, Bharuch, Gujarat on 26th September 2025. The total capital expenditure incurred for the project is approximately ₹115 Crores as of the commissioning date. The plant is part of the subsidiary's expansion plan and represents a new manufacturing asset coming online. The company has informed the exchange about this development under SEBI Listing Regulations.

Likely market impact

The new Hydrogenation Plant adds fresh production capacity, which should support future revenue growth for the subsidiary. For shareholders, this is a positive operational milestone indicating execution of the company's expansion strategy, though the ₹115 Cr capex is a moderate investment relative to the group's overall size.