General Updates

DEEPAK R-sspoNsIgLE Cenr' OUR COMMITMTNT TO SUSTAINASILITY DNL/ 1 40l N5E / 1 672 / 2026 July 28,2026 Listing Department National Stock Exchange of lndia Limited Exchange Ptaza, Bandra Kurta Comptex, Bandra (E) MUMBAI - 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 SEBI (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 Redeemable Preference Shares ('OCRPS'), having face vatue of t 100 each, aggregiting 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. HO/49114/14(7)2025-CFD-POD7/11376212026 dated January 30,2026, as amended from time to time, is enclosed 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 Secretory Enct: As above DEEPAK NITRITE LIMITED CIN: 124110GJ1970P1C001735 Registered & Corporate Office: 2"0 Floor, Fermenter House, Atembic City, Alembic Avenue Road, Vadodara - 390 003, Gujarat, lndia. Tet: +91 265 276 52001 276 5500 lnvestor Retations Contact: investor@ godeepak.com wwwgodeepak.com Annexure - A Disclosure under Regutation 30 of SEBI (LODR) Regutations , ZO1S 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 wholly owned subsidiary of Deepak Nitrite Limited. The present paid up capital of DCTL, prior to the present attotment, is t 2524.50 Crores divided into t 499.50 Crores of Equity Shares and { 2,125 Crores of Preference Shares. At present, DCTL is operating a plants 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 would 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 retevant 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 attotment of 1,20,00,000 9% Optionatty and whether the same is done at "arms [ength". Conyertibte 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 limited 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 genera[ 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 governmenta[ 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 attotted by DCTL to DPL today i.e. 28th Juty, 2026. Sr" Particulars Details of - 7. Nature consideration whether cash Cash by way of transfer of money by normal consideration or share swap and detaits of the banking channet. same 8. 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, aggregatinq to 120 Crores. 9. Percentage of sharehotding / control acquired Prior to the abovementioned attotment, 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 Capitat of DCTL and atongwith DPL, hotds indirectty 100% of Preference Share CapitaL of DCTL. 10" 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 and Hydrogenation and has atso been pursuing projects across various sites in Gujarat. Date of lncorporation 9th october,2020 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 (in brief) ***+*r({<*****i<