Deepak Nitrite Subsidiary Pays ₹3 Lakh Settlement

Details of the Order

• Issuing Authority: Settlement Officer, Chief Inspector cum Facilitator for Factories, Ahmedabad, Gujarat State.
• Order Date: 25th August, 2026.
• Governing Law: The order was passed under the Occupational Safety, Health and Working Condition Code, 2020.
• Action Taken: A Settlement Order was passed for the payment of ₹3,00,000 (Rupees Three Lakh only) under Section 114 of the aforementioned Code.

Details of Violation

The settlement pertains to a violation of Rule 102 of the Gujarat Factories Rules, 1963. Deepak Chem Tech Limited settled the violation by paying the amount of ₹3,00,000 on 25th August 2026.

Financial Impact

As per the disclosure, there will be no material financial impact on the listed entity except for the payment of the settlement amount of ₹3,00,000, which has already been made.