Subsidiary Deepak Chem Tech commissions Nitric Acid plant in Gujarat

Greenfield CommissionedCapex & Operations View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

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prior close

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.5%+3.5% vs market

Specialty Chemicals peers, median of 88sector-0.3%+3.2% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Smallcap 250 and 3.2 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Deepak Chem Tech, a material wholly owned subsidiary of Deepak Nitrite, has commenced manufacturing at its new Nitric Acid Plant at Nandesari, Vadodara, Gujarat on 4th December 2025. Total capex for the plant is around 515 Crores. The company says the plant will strengthen the Groups backward and forward integration, secure supply of key intermediates, and support high value applications spanning ammonia to amines, positioning the group among very few global players with such integrated strength.

Likely market impact

Positive: new integrated capacity boosts supply security, margins, and long-term growth for the group.