Deepak Nitrite is planning to raise funds through Qualified Institutions Placement (QIP) of equity shares of the Company. The meeting of Board of Directors of the company is scheduled to be held on December 11, 2017, to consider the same.
Gujarat-headquartered Deepak Nitrite has manufacturing facilities at Nandesari and Dahej in Gujarat, Roha and Taloja in Maharashtra, and at Hyderabad in Andhra Pradesh. It manufactures Bulk Chemicals & Commodities, Fine & Speciality Chemicals and Fluorescent Whitening Agents.