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Deepak Nitrite Limited Capital/Financing Update 2020

Jan 15, 2020

60910_rns_2020-01-15_9450ea37-b952-4a36-a0c9-2f2679bee911.pdf

Capital/Financing Update

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DNL/140lNSE/579/2020 January 15,2020

Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (E) MUMBAT - 400 051

Stock Code: DEEPAKNTR

Dear Sir,

Sub: Acquisition of Industrial Land at Dahei

We wish to inform you that the Company has acquired industrial land admeasuring around 125 acres situated at Industrial Phase, GIDC Industrial Estate, Dahej-2, Gujarat for a total consideration of t 99.25 crores.

The Company has received transfer order from Gujarat Industrial Devetopment Corporation (GIDC) in its favour in respect of the said industrial tand and has paid the entire purchase consideration and other retated charges.

The said industrial tand witt be utitized by the Company for the future growth / expansion plans of the Company.

You are requested kindty to take the same on your record.

Thanking You,

Yours Faithfutty, For DE AK NITRITE LIMITED

PAI tary

DEEPAK NITRITE LIMITED

CIN: 124110GJ1970P1C001735 Registered & Corporate Office: Aaditya - l, Chhani Road, Vadodara -390 024. Gujarat, India. Tel: +91 265 276 5200/396 0200 | Fax: +91 265 2765344 Investor Relations Contact: investorp godeepak.com www.godeepak.com