General Updates

DEEPAK RrsporuslnLr CenE' DNL / 1 4oINSE t 1 685 / 2026 August 26,2026 Listing Department National Stock Exchange of lndia Limited Exchange Ptaza, Bandra Kurta Comptex, Bandra (E) MUMBAT - 400 051 Stock Symbot: DEEPAKNTR Sub: lnvestment in Deepak Chem Tech Limited by Deepak Phenolics Limited and Deepak Nitrite Limited With reference to the captioned matter and in comptiance with requirements of Regutation 30 of SEB| (Listing Obtigations and Disctosure 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 altotted 95,00,000 (Ninety Five Lakhs) 9% Optionatty Convertibte Redeemabte Preference Shares ('OCRPS'), having face value of { 100 each, aggregating to t 95 Crores to Deepak Phenotics Limited ('DPL'), another whotty owned subsidiary of the Company and 80,00,000 (Eighty Lakhs) 9% OCRPS, having face vatue of { 100 each, aggregating to 80 Crores, to the Company. The detaits as required under SEBI Listing Regutations read with SEBI's Master Circutar No. HOl49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026, 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 LIMITED ARVIND BAJPAI Company Secretary Enct: As above DEEPAK NITRITE LIMITED CIN: 124110GJ1970P1C001735 Registered & Corporate Office: 2* Floor, Fermenter House, Alembic City, Alembic Avenue Road, Vadodara - 390 OO3, Gujarat, lndia. Tel: +91 265 276 52001 276 5500 lnvestor Relations Contact: investor@ godeepak.com www.godeepak.com Annexure - A Disctosure under Regutation 30 of SEBI (LODR) Regutations, ZOl5 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 7744.5 Crores divided into t 499.50 Crores of Equity Shares andl2,245 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 7025-26 was < 172.23 Crores. 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 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 atlotment of 95,00,000 (Ninety Five Lakhs) 9% and whether the same is done at "arms tength". OCRPS of t 100 each of DCTL to DPL is made at par i.e. for { 100 each, aggregating to t 95 Crores. The transaction is on "arms length" basis. The attotment of 80,00,000 (Eighty Lakhs) OCRPS of 100 each of DCTL to DNL is made at par i.e. for { 't00 each, aggregating to t 80 Crores. The transaction is on "arms lenqth" basis. lndustry to which the entity being acquired ChemicaI lndustry Objects and effects of acquisition (inctuding Objects of the infusion of funds into DCTL by DPL but not timited to, disctosure of reasons for and DNL is to strengthen the capital base of DCTL acquisition of target entity, if its business is and support DCTL in meeting project expenses and outside the main line of business of the listed expenses for general corporate purpose. The entity) business carried on by DCTL is not outside the main line of business of the listed entity. Brief details of any governmental or regutatory No governmentat or regutatory approvats are s required for the acquisition ired for the said investment. lndicative time period for comptetion of the 95,00,000 OCRPS, aggregating to t 95 Crores have been altotted by DCTL to DPL and 80,00 OCRPS, aggregating to t 80 Crores have been attotted by DCTL to DNL today i.e. 26th August, 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 95,00 ,000 9% OCRPS having face shares are acquired vatue of t 100 each by DCTL to DPL is made at par i.e. for t 100 each, aggregating to t 95 Crores. The attotment of 80,00,000 9% OCRPS having face vatue of 100 each by DCTL to DNL is made at par i.e. for t 100 each, aqqreqatinq to t 80 Crores. Percentage of sharehotding / controt 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, holds indirectty 100/" of Preference Share Capitat of DCTL. Brief background about the entity acquired 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,2O2O History of last three (3) years Turnover FY 2025-26 - < 172.23 Crores FY 2024-25 - t 9.43 Crores FY -7023-24 - t 0.86 Crores Country in which the acquired entity has DCTL is operating in lndia. presence and any other significant information ******+******