General Updates

DEEPAK RtsPowstrtr clnE' OUR COMMITMTNT TO 5USTAINASILITY DNL/ 1 40l NSE / 1 667 / 2026 July 10,2026 Listing Department National Stock Exchange of lndia Limited Exchange Ptaza, Bandra Kurta Comptex, Bandra (E) MUMBAT - 400 051 Stock Symbot: DEEPAKNTR Sub: lnvestment in Deepak Chem Tech Limited bv Deepak Phenolics Limited With reference to the captioned matter and in comptiance with requirements of Regutation 30 of SEB| (Listing Obtigations and Disclosure Requirements) Regutations,2015, this is to inform you that Deepak Chem Tech Limited, a whotty owned subsidiary of Deepak Nitrite Limited ('Company') has today issued and attotted 1,20,00,000 9% Optionatty Convertibte Redeemabte Preference Shares ('OCRPS'), having face vatue of { 100 each, aggregating to t 120.00 Crores to Deepak Phenotics Limited ('DPL'), another whotty owned subsidiary of the Company. The detaits as required under SEBI Listing Regutations read with SEBI's Master Circutar No. SEBI/HO/CFD/PoD2/CIR/P/20231120 dated Juty 11,2023, as amended from time to time, is enctosed herewith as Annexure-A. We request you to kindty take the above on record. Thanking you, Yours faithfutty FoT DEEPAK NITRITE LIMITED ARVIND BAJPAI Company Secretary Enct: As above DEEPAK NITRITE LIMITED CIN: 124110GJ1970P1C001735 Registered & Corporate Office: 2"0 Floor, Fermenter House, Alembic City, Alembic Avenue Road, Vadodara - 390 003, Gujarat, lndia. Toh +9r t65 r /5 5rU0/276 5500 lnvestor Relations Contact: investor@ godeepak.com www,godoopa l<.com Annexure - A Disctosure under Regutation 30 of SEB| (LODR) Regutations ,2015 particulars ,,=$f1,., 1 I Name of the target entity, detaits in brief strch Deepak Chem Tech Limited ('DCTL'), is a company I as size, turnover etc. incorporated in lndia and a whotly owned subsidiary of Deepak Nitrite Limited. The present paid up capital of DCTL, prior to the present altotment, is t 2504.50 Crores divided into t 499.50 Crores of Equity Shares and t 2,005 Crores of Preference Shares. At present, DCTL is operating a ptants for Fluorination, Nitric Acid, Nitration Hydrogenation and has atso been pursuing projects across various sites in Gujarat. The Turnover of DCTL during FY 2025-26 was < 172.23 Crores. 2. Whether the acquisition woutd fatt within DCTL and Deepak Phenotics Limited ('DPL'), both Related Party Transaction(s) (RPT) and being whotty owned subsidiaries of the Company, whether the Promoter/ Promoter Group/ are Retated Parties as per retevant provisions of Group Companies have any interest in the lndian Accounting Standards as wett as Companies entity being acquired? Act,2013. lf yes, nature of interest and detaits thereof The attotment of 1,20,00,000 9% Optionatty and whether the same is done at "arms [ength". Convertibte Redeemabte Preference Shares ('OCRPS') of 100 each of DCTL to DPL is made at par i.e. for t 100 each, aggregating to t 120.00 Crores. The transaction is on "arms length" basis. 3. lndustry to which the entity being acquired Chemical lndustry betongs 4" Objects and effects of acquisition (inctuding Objects of the infusion of funds into DCTL by DpL but not [imited to, disctosure of reasons for is to strengthen the capital base of DCTL and acquisition of target entity, if its business is support DCTL in carrying out project expenses and outside the main line of business of the listed general corporate purpose. The business carried entity) on by DCTL is not outside the main line of business of the listed entity. 5. Brief detaits of any governmental or regutatory No governmental or regutatory approvats are approvats required for the acquisition required for the said investment. 6. lndicative time period for comptetion of the 1,20,00,000 OCRPS, aggregating to t 120 Crores acquisition have been altotted by DCTL to DPL today i.e. 1oth Juty, 2026. Nature of consideration - whether cash Cash by way of transfer of money by norma[ consideration or share swap and detaits of the same Cost of acquisition or the price at which the The attotment of 1,20,00,000 9% Optionatty shares are acquired Convertibte Redeemabte Preference Shares ('OCRPS') having face vatue of 100 each by DCTL to DPL is made at par i.e. for { 100 each, ting to 120 Crores. Percentage of sharehotding / control acquired Prior to the abovementioned atlotment, Deepak and / or number of shares acquired. Nitrite Limited hetd 100% of Equity Share Capitat and atongwith DPL, hotds indirectty 1OO% of Preference Share Capitat of DCTL and after the abovementioned attotment, Deepak Nitrite Limited continues to hotd 100% of Equity Share Capital of DCTL and atongwith DpL, hotds indirectty 100% of Preference Share Capitat of DCTL. Brief background about the entity acquired in At present, DCTL is operating a ptants for terms of products/tine of business acquired: Ftuorination, Nitric Acid, Nitration Hydrogenation and has atso been pursuing projects across various sites in Gujarat. Date of lncorporation 9th October,2O2O History of last three (3) years Turnover FY 2025-26 - < 172.23 Crores FY 2024-25 - t 9.43 Crores FY-2023-24 - t 0.86 Crores Country in which the acquired entity has DCTL is operating in lndia. presence and any other significant information *:1.***** **{<* * *