Deepak Nitrite Limited — Capital/Financing Update 2021

Dec 14, 2021

DNL/138/BSE/737t2021 December 14,2021

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

Dear Sir,

Scrip Code: 506401

Sub: Board Meeting to consider raising of funds

Pursuant to the requirement of Regulation 29(1)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, 22nd December, 2021, inter alia to consider raising of funds by way of issue of equity shares or any other instruments or security including fully/partly convertible debentures or by way of a composite issue of non- convertible debentures and warrants entitling the warrant holder(s) to apply for equity shares or any other eligible securities through qualified institutions placement, private placemenUpublic issue of equity/debt securities, preferential issue or through any other permissible mode and/or combination thereof as may be considered appropriate, subject to such approvals as may be required including the approval of the members through postal ballot and further subject to such other statutory/regulatory approvals, as applicable.

Further the 'Trading Window' shall remain closed from 1Sth December, 2O21 to 24th December,202'l (both days inclusive) for the above purpose.

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

Thanking you,

Yours faithfully,

FoT DEEPAK NITRITE LIMITED

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