Deepak Nitrite has received approval to invest not exceeding 20% equity capital of Deepak Oman Industries FZC LLC (DOIL), a Limited Liability Company incorporated in Sultanate of Oman, amounting to an investment of approximately $7.71 million, in one or more tranches. The Board of Directors of the company at their meeting held on March 04, 2020, approved the same.
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.
