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Incorporated in 1979, Deepak Fertilisers and Petrochemicals Corporation Ltd is in the business of fertlisers, agri services, bulk chemicals, mining chemicals and real estate
Company invests ₹5 Cr for a minimum 26% stake in First Energy 11 Private Limited. This secures wind-solar hybrid captive power, driving cost efficiencies and boosting renewable energy use for sustainability.
Deepak Fertilisers processed a shareholder request, issuing entitlement letters for equity shares and associated dividends previously transferred to IEPF. The released shares for the transferees will be under a 6-month lock-in period.
Deepak Fertilisers' board approved financial results for the quarter and nine months, posting Q3 net profit of ₹141.49 Cr and 9M net profit of ₹599.37 Cr. The company will permanently close its non-operational 300 TPD Methanol Plant, freeing up land for new projects and enhancing sustainability.
Deepak Fertilisers wins a key tax appeal! The company's appeals for Assessment Years 2013-14 to 2018-19, involving ₹215 Cr of disputed taxable income, have been allowed by the Commissioner of Income Tax (Appeals). This favorable ruling removes a significant potential tax liability previously under contention. Management had consistently stated its...
Deepak Fertilisers invested Rs 4.78 Cr in Murli Solar and Rs 8.40 Cr in Sunsure Solarpark Fifty One for min 26% equity stakes. This secures captive solar and wind power, enhancing renewable energy supply and boosting operational efficiency.