Deepak Nitrite Limited — Capital/Financing Update 2020

Jan 15, 2020

DNL/ 1 38/ BSE/ 107 4 / 2020 January 15,2020

Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Datal Street, MUMBAT - 400 001

Scrip Code:5064O1

Dear Sir,

Sub: Acquisition of Industrial Land at Dahei

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

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

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

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

Thanking You,

Yours Faithfutty,

JPAI

DEEPAK NITRITE LIMITED

CIN: 124110GJ1970P1C001735 Registered & Corporate Office: Aaditya - l, Chhani Road, Vadodara -390 024. Gujarat, I ndia. Tet: +91 265 276 5200/396 0200 | Fax: +91 ^2652765344 Investor Relations Contact: investor@ godeepak.com www.godeepak.com