Corporate News     15-Dec-22
Board of Deepak Fertilizers & Petrochemicals Corp approves scheme of arrangement
At meeting held on 15 December 2022
The Board of Deepak Fertilizers & Petrochemicals Corp at its meeting held on 15 December 2022 has accorded its in-principle approval to the composite scheme of arrangement between Smartchem Technologies (STL) (demerged company or transferee company), Deepak Mining Services (DMSPL) (resulting company) and Mahadhan Farm Technologies (MFTPL) (transferor company) and their respective shareholders.

STL and DMSPL are wholly owned subsidiaries of the company and MFTPL is step down subsidiary of the company.

The scheme provides for:
(i) Demerger of the TAN Business from demerged company to the resulting company; and
(ii) Amalgamation of the transferor company with the demerged company.

Previous News
  Deepak Fertilizers & Petrochemicals Corp consolidated net profit rises 23.15% in the March 2025 quarter
 ( Results - Announcements 22-May-25   17:54 )
  Board of Deepak Fertilizers & Petrochem. Corp. recommends final dividend
 ( Corporate News - 22-May-25   18:24 )
  Deepak Fertilizers & Petrochemicals Corp consolidated net profit rises 38.79% in the December 2022 quarter
 ( Results - Announcements 02-Feb-23   14:29 )
  Deepak Fertilizers & Petrochemicals Corp consolidated net profit declines 8.87% in the March 2023 quarter
 ( Results - Announcements 17-May-23   16:37 )
  Deepak Fertilizers & Petrochem. Corp. to discuss results
 ( Corporate News - 19-Jan-23   11:54 )
  Deepak Fertilisers jumps after inking pact with Equinor
 ( Hot Pursuit - 20-Feb-24   09:18 )
  Deepak Fertilisers spurts after Q3 PAT soars to Rs 251 cr
 ( Hot Pursuit - 29-Jan-25   17:12 )
  Deepak Fertilizers & Petrochem. Corp. to declare Quarterly Result
 ( Corporate News - 14-Jul-23   10:13 )
  Deepak Fertilizers & Petrochemicals Corp consolidated net profit rises 191.74% in the December 2020 quarter
 ( Results - Announcements 03-Feb-21   15:37 )
  Deepak Fertilisers re-appoints Sailesh Mehta as chairman & MD
 ( Hot Pursuit - 27-Mar-23   10:22 )
  Hindustan Foods Ltd leads losers in 'A' group
 ( Hot Pursuit - 27-Jun-24   15:00 )
Other Stories
  Paradeep Parivahan to conduct board meeting
  05-Jul-25   17:25
  Futura Polyesters to table results
  05-Jul-25   17:24
  Oswal Pumps schedules board meeting
  05-Jul-25   17:24
  Cupid to discuss results
  05-Jul-25   17:24
  Ashnisha Industries schedules board meeting
  05-Jul-25   17:24
  BSL AGM scheduled
  05-Jul-25   17:24
  IFB Industries to convene board meeting
  05-Jul-25   17:23
  IFB Industries schedules AGM
  05-Jul-25   17:23
  Shree Steel Wire Ropes to hold board meeting
  05-Jul-25   17:23
  Sellwin Traders to announce Quarterly Result
  05-Jul-25   17:23
Back Top