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Deepak Nitrite incorporates wholly owned subsidiary

04 Dec 2023 Evaluate

Deepak Nitrite has incorporated wholly owned subsidiary (WOS) in the name of DEEPAK PMC (DPMCL). The company has incorporated wholly owned subsidiary on December 3, 2023. The Authorised and Paid-up Equity Share Capital of DPMCL shall be Rs 5 crore. DPMCL shall engage in the business of inter alia providing Project Engineering, Procurement, Construction, Commissioning, Management and Consultancy services. 

The business proposed to be undertaken through DPMCL is outside the main line of business of the Company i.e. manufacturing of chemicals. The Registrar of Companies, has approved the application of the Company for incorporation of a new Company as a wholly owned subsidiary.

Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals.

Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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