Corporate News 04-Oct-23
Board of Deepak Nitrite approves incorporation of wholly owned subsidiary
At meeting held on 04 October 2023
The Board of Deepak Nitrite at its meeting held on 04 October 2023 has approved incorporation of new wholly owned subsidiary (WOS) of the Company and investment upto Rs 5 crore in the equity capital of proposed WOS, from time to time, in one or more tranches. The proposed WOS shall engage in the business of inter alia providing Project Engineering, Procurement, Construction, Commissioning, Management and Consultancy services.
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