Subsidiary settles factory safety order for Rs 3 lakh

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

+1.6%Reaction day

₹1753.80

prior close

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announcement price

After-mkt

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Nifty Smallcap 250market+0.6%+1.0% vs market

Specialty Chemicals peers, median of 101sector+0.3%+1.3% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Smallcap 250 and 1.3 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.

Minutes after the announcementfrom the announcement price · no benchmark

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Next day

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AI summary

Wholly owned subsidiary Deepak Chem Tech Limited (DCTL) received a Settlement Order on 25 August 2026 from the Settlement Officer, Chief Inspector cum facilitator for factories, Ahmedabad. The order relates to a violation of Rule 102 of the Gujarat Factories Rules 1963 under the Occupational Safety, Health and Working Condition Code 2020. DCTL settled the matter by paying Rs 3 lakh on the same day. The company confirms there is no material financial impact beyond this payment.

Likely market impact

Minor Rs 3 lakh penalty on subsidiary for factory safety breach. No material financial impact on Deepak Nitrite.