Outcome of Board Meeting - Proposed sale of Land situated at Pune
Deepak Nitrite Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 23, 2014, approved the sale of parcel of land admeasuring 12,141 sq. mtrs at Sinhagad Road, Pune, Maharashtra, subject to receipt of all requisite approvals and permissions, based on the valuation report of renowned Independent professional firm.... Fixes Record Date for Stock Split & Bonus Issue
Deepak Nitrite Ltd has informed BSE that a Committee of Board of Directors of the Company has fixed June 23, 2014 as Record Date for the purpose of :1. Sub-division of Equity Shares of Rs. 10/- each into five (5) Equity Shares ofRs. 2/- each.2. Issue of Bonus Shares in the ratio of one (1) Equity Share of Rs. 2/- for every one (1) Equity Share of Rs. 2/- each held on the Record Date (post sub-division). Updates on Result of Postal Ballot
Deepak Nitrite Ltd has submitted to BSE a copy of resolution passed by the members of the Company through Postal Ballot on June 11, 2014. Disclosure of Voting results of Postal Ballot (Clause 35A)
Deepak Nitrite Ltd has informed BSE regarding the details of Voting results at the Postal Ballot of the Company held on June 11, 2014, under Clause 35A. Result of Postal Ballot
Deepak Nitrite Ltd has informed BSE that the members of the Company will consider to approve the resolutions, by way of Postal Ballot. Issue of Commercial Papers (CP)
Deepak Nitrite Ltd has informed BSE that the Company has issued Commercial Papers (CP) for Rs. 20 crores value dated May 28, 2014. This has been subscribed by HDFC Bank Limited with maturity date as August 26, 2014.The aforesaid issuance of CP is to fund working capital requirement of the Company. Clarifies on News item
With reference to the news item appearing in a financial daily titled "Deepak Nitrite plans rights issue to fund expansion, pare debt, In this regard, Deepak Nitrite Ltd has Clarified to BSE as follows:"Deepak Nitrite Limited has made no plans to issue rights to fund expansion or to pare debt and, hence, no negotiations are being carried out. We confirm that the Company has not released any specific information pertaining to the news... Commencement of Commercial Production
Deepak Nitrite Ltd has informed BSE that the Company, after completion of successful trial runs of production at its new Greenfield Plant at Dahej. Dist. Bharuch in the Slate of Gujarat has commissioned balance capacities of Optical Brightening Agent (OBA) on May 20, 2014. Now the plant stands fully commissioned. Notice of Postal Ballot
Deepak Nitrite Ltd has informed BSE that the members of the Company will consider to approve the resolutions by way of Postal Ballot. Outcome of Board Meeting
Deepak Nitrite Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 02, 2014, have approved the appointment of Shri. Arvind Bajpai, as Company Secretary & Compliance Officer of the Company in place of Shri. Sanjay Upadhyay.Shri. Sanjay Upadhyay will continue as Chief Financial Officer of the Company.