Deepak Nitrite Subsidiary DPL Invests ₹150cr in DCTL

Deepak Phenolics Limited invested ₹150 crores in Deepak Chem Tech Limited via 9% convertible preference shares.
The transaction strengthens DCTL's capital base for project expenses and general corporate purposes.
Both entities are wholly-owned subsidiaries of Deepak Nitrite Limited, making this a related party transaction.
No governmental or regulatory approvals were required for this intra-group investment.