Deepak Nitrite Limited — Capital/Financing Update 2020

Aug 6, 2020

DNL/ 1 40l NSE I 1 135 I 2020 6th August,2020

Listing Department National Stock Exchange of India Limited Exchange Ptaza Bandra Kurta Comptex Bandra (E) MUMBAT - 400 051

Dear Sir,

Stock Symbol: DEEPAKNTR

Sub: Requirements) Regulations. 201 5

Pursuant to Regutation 30 of SEBI (LODR) Regutations,2015 ('Listing Regulations'), this is to inform you that Deepak Phenotics Limited, a wholly owned subsidiary of Deepak Nitrite Limited, is expanding its capacity of production of lsopropyt Alcohot ('lPA') at its manufacturing facitity situated at Dahej, Gujarat from 30,000 Tonnes Per Annum ('TPA') to 60,000 TPA.

IPA is a Sotvent and majorly used by Pharma companies and is also used in manufacture of sanitizer"

The detaits required under Regulation 30 and Schedute lll of the Listing Regutations read with SEBI Circutar No. CIR/CFD/CMDl412015 dated September A9, 2A15, are enclosed herewith as Annexure-A.

Kindty take the above information in your records.

Thanking you,

Yours faithfutty LIMITED

Ene[.: As above.

DEEPAK NITRITE LIMITED CIN: 124110GJ1970P1C001735 Registered & Corporate Office: Aaditya-1, Chhani Road, Vadodara-390 024. cujarat, India. Tel:+912652765200/3960200 I Fax:+912652765344 Investor Relations Contact: investor@ godeepak.com www.godeepa k.com

Details required under Regulation 30 and Schedule lll of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMDl4l2O15 dated September 09,2O15

Reouired information	Disclosure
a) Existing capacity:	The existing manufacturing capacity of IPA by Deepak Phenotics Limited is 30,000 Tonnes Per Annum ('TPA').
b) Existing capacity utilization:	The existing capacity utitization for manufacturing IPA is above 100%"
c) Proposed capacity addition:	The proposed capacity addition is 30,000 TPA.
d) Period within which the proposed capacity is to be added:	Expected to be commissioned in the first quarter of Financial Year 2021-22.
e) Investment required:	Approx. T 50.00 Crores.
f) Mode of financing:	InternaI accruals.
g) Rationate:	The demand of IPA in India is around 1,80,000 TPA. White domestic manufacturing capacity is around 100,000 TPA, which inctudes existing capacity of 30,000 TPA of Deepak Phenotics Limited, the batance 80,000 TPA is being imported.
	IPA is a major raw material for manufacture of sanitizer, which is ptaying a crucial rote in containment of Covid-19.
	The capacity addition will atso help in further reducing dependence on imports of IPA and it witl be another contribution towards 'Atmanirbhar Bharot'.

DEEPAK NITRITE LIMITED

CIN: 124110GJ1970P1C001735 Registered & Corporate Office:

Aaditya - l, Chhani Road, Vadodara -390 024. Gujarat, India. rel+91265276 5200/396 0200 | Fax: +91 265 ^2765344 Investor Retations Contact: investor@ godeepak.com www.god eepa k.com