Deepak Nitrite is planning to raise funds by way of issue of equity shares or any other instruments or security including fully/partly convertible debentures or by way of a composite issue of non- convertible debentures and warrants entitling the warrant holder(s) to apply for equity shares or any other eligible securities through qualified institutions placement, private placement/public issue of equity/debt securities, preferential issue or through any other permissible mode and/or combination thereof as may be considered appropriate, subject to such approvals as may be required including the approval of the members through postal ballot and further subject to such other statutory/regulatory approvals, as applicable.
A meeting of the Board of Directors of the Company is scheduled to be held on December 22, 2021, to consider the same.
Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals.
