Deepak Nitrite has received an approval for incorporation of new wholly owned subsidiary (WOS) of the Company and investment up to Rs 5 crore in the Equity Capital of proposed WOS, from time to time, in one or more tranches. The proposed WOS shall engage in the business of inter alia providing Project Engineering, Procurement, Construction, Commissioning, Management and Consultancy services. The Board of Directors of the Company at their meeting held on October 4, 2023 has approved the same.
Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals.
