NSEAcquisition4d ago · 5 Nov 2026, 05:41 pm

Acquisition

Deepak Fertilizers and Petrochemicals Corporation Limited · DEEPAKFERT

✦ AI SummaryJoint Venture

Deepak Fertilizers and Petrochemicals Corporation Limited has informed the Exchange about the incorporation of a wholly owned subsidiary company limited by guarantee under Section 8 of the Companies Act, 2013, viz Prayas Institute for Future Readiness. The subsidiary will undertake charitable and not-for-profit activities in the fields of education, vocational training, skill development, research, innovation, employability enhancement, and future readiness programmes.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange about incorporation of a wholly owned subsidiary company limited by guarantee under Section 8 of the Companies Act, 2013 viz Prayas Institute for Future Readiness

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DEEPAKFERT2_05112026174040_IntimationPrayas.pdf

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5th November 2026 The Secretary Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE Code: 500645 NSE Code: DEEPAKFERT Dear Sir/ Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with respect to incorporation of a wholly owned subsidiary company limited by guarantee under Section 8 of the Companies Act, 2013 Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform you that Deepak Fertilisers and Petrochemicals Corporation Limited (“DFPCL” or “the Company”) has incorporated a wholly owned subsidiary company limited by guarantee under section 8 of the Companies Act, 2013 viz “Prayas Institute for Future Readiness” on 4th November 2026. The details, as required pursuant to Para A of Part A of Schedule III read with SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, are given below: Sr. No. Particulars Details 1. Name of the target entity, details in Prayas Institute for Future Readiness (“Prayas”) brief such as size, turnover etc. has been incorporated on 4th November 2026 as a wholly owned subsidiary company limited by guarantee, under section 8 of the Companies Act, 2013 for undertaking charitable and not-for- profit activities in the fields of education, vocational training, skill development, research, innovation, employability enhancement and future readiness programmes. Date of Incorporation: 4th November 2026 Authorized Share Capital: Not Applicable as company is limited by guarantee and not having share capital. Turnover, size: Not Applicable as Prayas has been incorporated on 4th November 2026 and is yet to commence its business. 2. Whether the acquisition would fall Prayas being a wholly owned subsidiary of the within related party transaction (s) Company, is a related party of the Company. and whether the promoter/ promoter group/ group companies have any The promoters/promoter group does not have any interest in the entity being acquired? interest other than as mentioned above. If yes, nature of interest and details thereof and whether the same is done at “arms’ length”. 3. The industry to which the entity being Education, Skill Development, Research and acquired belongs. Training 4. Objects and effects of acquisition Prayas has been incorporated to establish, (including but not limited to, promote and operate institutes, training centres, disclosure of reasons for acquisition skill development centres, vocational education of target entity, if its business is centres, innovation hubs and research facilities outside the main line of business of for imparting education, vocational training, the listed entity). farmer training, capacity building, employability enhancement and future readiness programmes. The institution will also undertake research, innovation, applied research projects and industry-linked educational initiatives for advancement of knowledge, technology and sustainable development. 5. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition. 6. Indicative time period for completion Not Applicable of the acquisition 7. Consideration - whether cash Not Applicable. Prayas is a Section 8 company consideration or share swap or any limited by guarantee and does not have share other form and details of the same capital. DFPCL being a member has undertaken to contribute up to Rs. 10,00,000 in the event of winding up, as specified in the Memorandum of Association of Prayas. 8. Cost of acquisition and/ or the price at Same as above which the shares are acquired 9. Percentage of shareholding / control Not Applicable, since Prayas is incorporated as a acquired and / or number of shares Section 8 company limited by guarantee without acquired; share capital. 10. Brief background about the entity Prayas is incorporated on 4th November, 2026 as acquired in terms of products/line a not-for-profit company under Section 8 of the of business acquired, date of Companies Act, 2013 to promote education, incorporation, history of last 3 years vocational training, skill development, research, turnover, country in which the innovation and employability enhancement acquired entity has presence and any initiatives. The company intends to establish and other significant information. support educational institutions, training centres, research centres and industry-linked skilling programmes for students, youth, women, farmers, workers and entrepreneurs. Size / Turnover: Not Applicable, since the entity is yet to commence its business. The Date and Time of occurrence of the event/information is 3.37 P.M. on 5th November, 2026, being the receipt of intimation regarding the Incorporation of Prayas. The above information will also be made available on the website of the Company at www.dfpcl.com. Kindly take the above on your record. Thanking you, Yours faithfully, For Deepak Fertilisers And Petrochemicals Corporation Limited Pankaj Gupta Company Secretary and Compliance Officer M. No. F9219