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Deepak Fertilisers & Petrochemicals Corporation acquisition announcements

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23:11 IST BSE
AcquisitionDeepak Fertilisers & Petrochemicals Corporation Ltd DEEPAKFERT

Deepak Fertilisers & Petrochemicals Corporation Acquisition Worth ₹121.5 Cr

Deepak Fertilisers' subsidiary, DMSL, completed the 100% acquisition of Chardham Chemicals Private Limited for ₹121.45 Crore. This strategic move provides DMSL with a full range of explosives products to enhance mine productivity programs. The acquisition will also support the company's export initiatives to its Australian subsidiary and other global markets.

Value
₹121.5 Cr