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