General Updates

DEEPAK RrspoNslntr Cnnr' DNL/ 1 40l NSE / 1 687 / 2026 September 29,2026 Listing Department National Stock Exchange of lndia Limited Exchange Ptaza, Bandra Kurta Comptex, Bandra (E) MUMBA! - 400 051 Stock Symbot: DEEPAKNTR With reference to the captioned matter and in comptiance with requirements of Regutation 30 of SEBI (Listing Obtigations and Disctosure Requirements) Regutations,2015, this is to inform you that Deepak Chem Tech Limited, a whotty owned su-bsidiary'of Deepak Nitrite Limited ('Company') has today issued and attotted tiO,0o,oo0 9% optionatty Convertibte Redeemabte Preference shares ('gcRls:], having face vatue of t 100 each, aggiegating to t g0 Crores to Deepak Phenotics Limited ('DPL'), another whotty owned subsidiary-6f tie CJmjany. ]!e d-etait.s as required under SEBI Listing Regutations read with SEB|,s Master Circular No. HOl49/14/14(7)2025-CFD-POD2./l/3762/2026 daied January 30,7026, 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 For DEEPAK NITRITE LIM|TED ARVIND BAJPAI Company Secretary Enct: as above DEEPAK NlTRITE LIMITED CIN: 124110GJ1970P1C001735 Registered & Corporate Office: 2"0 Floor, Fermenter House, Alembic city, Alembic Avenue Road, Vadodara - 390 oo3, Gujarat, lndia. Tel: +91 265 276 52001 276 5SOO lnvestor Relations Contact: investor6p godeepak.com www.godeepak.com Annexure - A Disctosure under Regulation 30 of SEBI (LODR) Regulations, ZOl5 Sr. Particulars Details 1. Name of the target entity, detaits in brief such Deepak Chem Tech Limited ('DCTL'), is a company as size, turnover etc. incorporated in lndia and a whotty owned subsidiary of Deepak Nitrite Limited. The present paid up capital of DCTL, prior to the present attotment, is t 2919.50 Crores divided into t 499.50 Crores of Equity Shares and t 2,420 Crores of Preference Shares. At present, DCTL is operating a ptants for Ftuorination, 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 Retated Party Transaction(s) (RPT) and being whotty owned subsidiaries of the Company, whether the Promoter/ Promoter Group/ are Retated Parties as per relevant provisions of Group Companies have any interest in the lndian Accounting Standards as wetl as Companies entity being acquired? Act,2013. lf yes, nature of interest and detaits thereof The atlotment of 80,00,000 9% Optionatty and whether the same is done at "arms length". 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 80 Crores. The transaction is on "arms lenqth" 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 timited 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 [isted entity. 5. Brief detaits of any governmental or regutatory No governmental or regulatory approvats are approvals required for the acquisition required for the said investment. 6. lndicative time period for comptetion of the 80,00,000 OCRPS, aggregating to t 80 Crores have acquisition been atlotted by DCTL to DPL today i.e. 29th September,2026. Nature of consideration whether cash Cash by way of transfer of money by normat consideration or share swap and detaits of the banking channet. same Cost of acquisition or the price at which the The attotment of 80,00,000 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, to 80 Crores. Percentage of sharehotding / contro[ acquired Prior to the abovementioned a[lotment, Deepak and / or number of shares acquired. Nitrite Limited hetd 100% of Equity Share Capitat and atongwith DPL, hotds indirectty 100% 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 alongwith DPL, hotds indirectty 100/, of Preference Share Capitat of DCTL. Brief background about the entity acquired At present, DCTL is operating a ptants f or terms of products/line of business acquired: Ftuorination, Nitric Acid, Nitration and Hydrogenation and has atso been pursuing projects across various sites in Guiarat. Date of lncorporation 9th October,2O2O History of last three (3) years Turnover FY 2025-26 - < 172.23 Crores FY 2024-25 - 9.43 Crores FY-2073-24 - t 0.86 Crores Country in which the acquired entity has DCTL is operating in lndia. presence and any other significant information *************