Deepak Nitrite has acquired industrial land admeasuring around 125 acres situated at Industrial Phase, GIDC Industrial Estate, Dahej-2, Gujarat for a total consideration of Rs 99.25 crore.
The company has received transfer order from Gujarat Industrial Development Corporation (GIDC) in its favour in respect of the said industrial land and has paid the entire purchase consideration and other related charges. The said industrial land will be utilized by the company for the future growth /expansion plans of the company.
Deepak Nitrite, a flagship company of Deepak Group, is a leading manufacturer of organic, inorganic, fine and specialty chemicals. The company's product range includes a spectrum of chemicals which caters to a wide range of industries including Colourants, Agrochemicals, Pharmaceuticals, Rubber, Speciality & Fine chemicals.
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