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Deepak Nitrite held a conference call on 14 November 2024 to discuss the results for the quarter ended September 24 and way forward. Mr. Maulik Mehta, Executive Director and Chief Executive Officer, Mr. Sanjay Upadhyay – Director, Finance & Group CFO and Mr. Somsekhar Nanda –CFO of the company addressed the call.
Highlights of the Concall
- DNL 100% subsidiary, Deepak Chemtech Limited (DCL), is proceeding with the project to manufacture polycarbonate resin involving an investment of approximately Rs 5,000 crore, inclusive of greenfield infrastructure and capital expenditure. This investment will be funded through a balanced mix of debt and equity contingent upon the completion of detailed engineering. To this end, Deepak Chemtech has secured a technology partnership entering into an agreement with affiliates of Messrs. Trinseo PLC for the production of polycarbonate resin. Technology is highly-regarded by leading customers for its quality and consistency. Ad...
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