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 declines 74.64% in the June 2023 quarter
 ( Results - Announcements 26-Jul-23   15:44 )
  Deepak Fertilizers & Petrochemicals Corp consolidated net profit rises 191.74% in the December 2020 quarter
 ( Results - Announcements 03-Feb-21   15:37 )
  Deepak Fertilizers & Petrochem. Corp. to conduct board meeting
 ( Corporate News - 19-Jul-25   10:46 )
  Whirlpool of India Ltd leads losers in 'A' group
 ( Hot Pursuit - 30-Jan-25   15:00 )
  Deepak Fertilizers & Petrochem. Corp. to conduct AGM
 ( Corporate News - 23-May-25   15:37 )
  Sensex slides 116 pts; pharma shares under pressure
 ( Market Commentary - Mid-Session 30-Oct-24   11:32 )
  Deepak Fertilizers & Petrochemicals Corp appoints director
 ( Corporate News - 21-Feb-23   18:57 )
  Deepak Fertilizers & Petrochemicals Corp fixes record date for rights issue
 ( Market Beat - Reports 15-Sep-20   10:17 )
  Deepak Fertilizers & Petrochem. Corp. to declare Quarterly Result
 ( Corporate News - 14-Jul-23   10:13 )
  Deepak Fertilizers & Petrochemicals Corp announces cessation of director
 ( Corporate News - 07-Jul-22   11:14 )
  Deepak Fertilisers hits record high after Q2 PAT soars to Rs 214 cr
 ( Hot Pursuit - 30-Oct-24   10:34 )
Other Stories
  Essen Speciality Films to convene board meeting
  13-Nov-25   20:15
  Swojas Foods EGM scheduled
  13-Nov-25   20:14
  Auri Grow India to hold board meeting
  13-Nov-25   20:14
  Arabian Petroleum to discuss results
  13-Nov-25   20:14
  GK Energy to hold board meeting
  13-Nov-25   20:14
  Milton Industries announces board meeting date
  13-Nov-25   20:14
  Hampton Sky Realty to announce Quarterly Result
  13-Nov-25   20:13
  Vasa Retail and Overseas announces board meeting date
  13-Nov-25   20:13
  Kody Technolab to discuss results
  13-Nov-25   20:13
  Ema Partners India to conduct board meeting
  13-Nov-25   20:13
Back Top