Key Event Details

Mahadhan Nutritek Solutions Limited (MNSL) was incorporated on 26th October, 2026, as a wholly owned subsidiary of Mahadhan AgriTech Limited (MAL), which is itself a wholly owned subsidiary of Deepak Fertilisers And Petrochemicals Corporation Limited. Consequently, MNSL became a step-down wholly owned subsidiary of the Company effective 26th October, 2026.

The event was intimated to the exchanges at 12:12 p.m. on 10th November, 2026, which was the time of receipt of an email from a consultant confirming that MNSL's name was reflected in the master data on the Ministry of Corporate Affairs (MCA) website. The formal Certificate of Incorporation and the approval email from MCA are still awaited.

Details of the Subsidiary (MNSL)

  • Name: Mahadhan Nutritek Solutions Limited
  • Date of Incorporation: 26th October, 2026
  • Legal Structure: Public Limited Company incorporated under the Companies Act, 2013.
  • Authorized Share Capital: ₹10.00 Crores, comprising 1,00,00,000 Equity shares of ₹10 each.
  • Paid-up Share Capital: ₹75,00,000, comprising 7,50,000 Equity shares of ₹10 each.
  • Business Objects: 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 related substances.
  • Turnover/Size: Not applicable, as the entity was newly incorporated and had not commenced business operations as of the disclosure date.
  • Industry Classification: Chemicals & Fertilisers.

Transaction and Ownership Structure

  • Acquiring Entity: Mahadhan AgriTech Limited (MAL), the immediate wholly owned subsidiary of Deepak Fertilisers.
  • Percentage of Shareholding Acquired: 100% share capital of MNSL.
  • Consideration: Investment by way of initial subscription to the share capital of MNSL amounting to ₹75.00 Lakhs.
  • Nature of Transaction: This constitutes a related party transaction, as MNSL is a step-down subsidiary of the Company. The promoters/promoter group of Deepak Fertilisers do not have any interest in MNSL beyond this ownership structure.

Regulatory and Approval Status

  • Governmental/Regulatory Approvals: Not applicable for this incorporation.
  • SEBI Circular Reference: The disclosure is made 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.

Purpose and Impact

  • Objects of the Acquisition: The incorporation is for carrying on the business as described in the objects clause.
  • Financial Impact: The transaction involves an cash outflow of ₹75.00 Lakhs from MAL for the subscription. There is no disclosed financial impact on Deepak Fertilisers' consolidated financials in the immediate term, as the subsidiary is yet to commence operations.
  • Capital Structure Impact: No direct impact on the capital structure of the listed entity (Deepak Fertilisers) itself.

The above information is also available on the company's website at www.dfpcl.com.