Corporate News     23-Oct-15
Deepak Fertilisers & Petrochemicals Corp provides business update
With regards to supply of domestic gas to its Raigad plant
Deepak Fertilisers & Petrochemicals Corp announced that pursuant to the Order by Ministry of Petroleum & Natural Gas (MOPNG), the supply of domestic gas to the Company's Plant situated at Plot No.K-1, Taloja MIDC, Dist. Raigad, Maharashtra had been stopped by Gas Authority of India (GAIL) and Reliance Industries (RIL) w.e.f. 6.00 a.m. on 15 May 2014. The Company challenged this decision by filing the Writ Petition W.P.(C) No. 2973 of 2014 before the Hon'ble High Court of Delhi.

The Single Judge of Hon'ble High Court of Delhi vide his Order dated 07 July 2015 disposed of the Writ Petition No. 2973 of 2014 and directed the Government of India to resume the supply of gas to the Company. However, the supply of natural gas was not restored and therefore an appeal was filed before the Division Bench of the High Court of Delhi.

The Division Bench of Hon'ble High Court of Delhi vide its Order dated 19 October 2015, re-affirmed the direction of the Learned Single Judge in his Order dated 07 July 2015 to resume supply of natural gas to the Company. We await compliance of the Order by Government of India.

Previous News
  Deepak Fertilizers & Petrochemicals Corp consolidated net profit rises 238.92% in the June 2022 quarter
 ( Results - Announcements 29-Jul-22   13:48 )
  Deepak Fertilizers & Petrochem. Corp. to table results
 ( Corporate News - 22-Jul-20   12:37 )
  Deepak Fertilizers & Petrochem. Corp. to announce Quarterly Result
 ( Corporate News - 24-Jun-20   10:08 )
  Deepak Fertilizers & Petrochemicals Corp resumes normal operations at its offices
 ( Corporate News - 22-Nov-18   11:14 )
  Deepak Fertilizers & Petrochemicals Corp standalone net profit declines 43.82% in the December 2017 quarter
 ( Results - Announcements 09-Feb-18   16:15 )
  Deepak Fertilizers & Petrochemicals Corp net profit declines 6.74% in the June 2014 quarter
 ( Results - Announcements 31-Jul-14   14:01 )
  Deepak Fertilizers & Petrochemicals Corp provides operations update
 ( Corporate News - 28-Mar-20   12:15 )
  Deepak Fertilizers & Petrochemicals Corp consolidated net profit rises 11.79% in the December 2017 quarter
 ( Results - Announcements 09-Feb-18   16:10 )
  Deepak Fertilizers & Petrochemicals Corp consolidated net profit rises 6.56% in the June 2021 quarter
 ( Results - Announcements 10-Aug-21   15:51 )
  Deepak Fertilizers & Petrochemicals Corp standalone net profit declines 48.02% in the June 2021 quarter
 ( Results - Announcements 10-Aug-21   15:28 )
  Deepak Fertilisers & Petrochemicals appoints director
 ( Corporate News - 24-Oct-07   13:58 )
Other Stories
  Tinna Trade raises Rs 49 cr to fund its growth plans
  06-Jul-24   11:10
  Integra Essentia announces merger with G G Engineering
  06-Jul-24   11:05
  Ugro Capital to raise Rs 75 cr via NCD issuance
  06-Jul-24   10:58
  Board of D.P. Abhushan approves preferential allotment of shares and warrants
  06-Jul-24   10:50
  Life Insurance Corporation of India invest Rs 14 cr in Sri Lankan subsidiary
  06-Jul-24   10:49
  High Energy Batteries (India) to discuss results
  06-Jul-24   10:29
  Havells India schedules board meeting
  06-Jul-24   10:29
  Axis Bank announces board meeting date
  06-Jul-24   10:29
  Mastek to conduct board meeting
  06-Jul-24   10:29
  Oriental Hotels to conduct board meeting
  06-Jul-24   10:29
Back Top