NSEAcquisition2d ago · 10 Nov 2026, 02:32 pm

Acquisition

Deepak Fertilizers and Petrochemicals Corporation Limited · DEEPAKFERT

✦ AI Summaryacquisition

Deepak Fertilizers and Petrochemicals Corporation Limited has informed the Exchange about the incorporation of a new step-down wholly owned subsidiary, Mahadhan Nutritek Solutions Limited, which will carry on the business of manufacturing, processing, and dealing in chemicals, petrochemicals, and allied products.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10

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Full Announcement

Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange about incorporation of new step-down wholly owned subsidiary of the Company.

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DEEPAKFERT1_10112026143149_SE_-_Intimation_-_MNSL.pdf

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10th 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 new step- down wholly owned subsidiary of the Company Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform you that Mahadhan Nutritek Solutions Limited (‘MNSL’) has been incorporated on 26th October, 2026, as a wholly owned subsidiary of Mahadhan AgriTech Limited (‘MAL’), which is a wholly owned subsidiary of the Company. Accordingly, MNSL has become a step-down wholly owned subsidiary of the Company with effect from 26th October, 2026. The name of MNSL is reflected in the master data available on the Ministry of Corporate Affairs (MCA) website. However, the Certificate of Incorporation and the approval email from MCA are awaited. 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 Mahadhan Nutritek Solutions Limited has in brief such as size, turnover etc. been incorporated as a public limited company in terms of Companies Act, 2013 on 26th October, 2026 as a wholly owned Subsidiary (“WOS”) of Mahadhan AgriTech Limited, which is the WOS of the Company to carry on the business of manufacturing, processing, buying, selling, importing, exporting, marketing, distributing and otherwise dealing in chemicals, petrochemicals, fertilizers, agrochemicals, minerals and allied products, including all derivatives, intermediates, compounds, by-products and substances related thereto. Date of Incorporation: 26th October, 2026 (as reflected in the master data available on the MCA website; the Certificate of Incorporation and the approval email from MCA are awaited). Authorized Share Capital: Rs. 10.00 Crores comprising of 1,00,00,000 Equity shares of Rs. 10/- per share. Paid-up Share Capital: Rs. 75,00,000/- comprising of 7,50,000 Equity shares of Rs. 10/- per share. Turnover, size: Not Applicable as MNSL has been incorporated on 26th October, 2026 and is yet to commence its business. 2. Whether the acquisition would fall MNSL being a step down subsidiary of the within related party transaction (s) Company, is a related party of the and whether the promoter/ Company. promoter group/ group companies have any interest in the entity being The promoters/promoter group does not acquired? If yes, nature of interest have any interest other than as mentioned and details thereof and whether the above. same is done at “arms’ length”. 3. The industry to which the entity Chemicals & Fertilisers being acquired belongs. 4. Objects and effects of acquisition MNSL is incorporated to carry on the (including but not limited to, business of manufacturing, processing, disclosure of reasons for buying, selling, importing, exporting, acquisition of target entity, if its marketing, distributing and otherwise business is outside the main line of dealing in chemicals, petrochemicals, business of the listed entity). fertilizers, agrochemicals, minerals and allied products, including all derivatives, intermediates, compounds, by-products and substances related thereto. 5. Brief details of any governmental Not Applicable or regulatory approvals required for the acquisition. 6. Indicative time period for Not Applicable completion of the acquisition 7. Consideration - whether cash Investment by way of initial subscription consideration or share swap or any to share capital of MNSL amounting to other form and details of the same Rs. 75.00 Lakhs 8. Cost of acquisition and/ or the Same as above price at which the shares are acquired 9. Percentage of shareholding / Subscription to 100% share capital of control acquired and / or number of MNSL by MAL shares acquired; 10. Brief background about the entity MNSL has been incorporated on acquired in terms of products/line 26th October, 2026 as a wholly owned of business acquired, date of Subsidiary of MAL to carry on the incorporation, history of last 3 business of manufacturing, processing, years turnover, country in which buying, selling, importing, exporting, the acquired entity has presence marketing, distributing and otherwise and any other significant dealing in chemicals, petrochemicals, information. fertilizers, agrochemicals, minerals and allied products, including all derivatives, intermediates, compounds, by-products and substances related thereto. Size / Turnover: Not Applicable, since the entity is yet to commence its business. The time of occurrence of the event/information is 12.12 p.m., being the time of receipt of the email from the consultant informing the Company that the name of MNSL is reflected in the master data available on the MCA website. The Certificate of Incorporation and the approval email from MCA are awaited. 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 & Compliance Officer M. No. F9219