Deepak Nitrite Ltd


BSE: 506401 | NSE: DEEPAKNTR | ISIN: INE288B01011 
Market Cap: [Rs.Cr.] 285 | Face Value: [Rs.] 10
Industry: Chemicals

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Board Meet

09-May-13 
Deepak Nitrite Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 09, 2013, inter alia, to transact the following business: 1. To consider and approve the Audited Annual Accounts for the year ended March 31, 2013. 2. To recommend Dividend, if any, on Equity Shares. Deepak Nitrite Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 09, 2013, inter alia, has recommended a dividend of Rs. 8/- (Rupees Eight only) per share of Rs. 10/- each for the year ended March 31, 2013. (As per BSE Announcement Dated on 09.05.2013) Deepak Nitrite Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 09, 2013, have approved: 1. The appointment of Dr. Swaminathan Sivaram as Additional Director on the Board of the Company. 2. The appointment of Shri Umesh Asaikar as Additional Director on the Board of the Company. 3. The appointment of Shri Umesh Asaikar as Executive Director of the Company with effect from May 09, 2013, subject to the approval of shareholders at the ensuing Annual General Meeting. (As per BSE Announcement Dated on 10.05.2013) 
08-Feb-13 
Quarterly Results 
01-Nov-12 
Quarterly Results 
04-Aug-12 
Quarterly Results 
04-May-12 
Deepak Nitrite Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 04, 2012, inter alia, to transact the following business: 1. To consider and approve the Audited Annual Accounts for the year ended March 31, 2012 2. To recommend Dividend, if any, on the Equity Shares. Deepak Nitrite Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 04, 2012, inter alia, has recommended a dividend of Rs. 6/- (Rupees Six Only) per share of Rs. 10/- each for the year ended March 31, 2012. (As Per BSE Announcement Website dated on 04/052012) 

AGM

04-Aug-12
Deepak Nitrite Limited has informed the Exchange that Shri Hasmukh Shah,retired from his office as a Director of the Company at the Annual General Meeting of the Company held on August 04, 2012, since he being the retiring Director by rotation at the Annual General Meeting,had not offered himself for re-appointment.It was decided by the members at the said Annual General Meeting that the vacancy so caused in the Board of Directors of the Company be not filled-up. 
05-Aug-11
Deepak Nitrite Limited has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on August 05, 2011. Deepak Nitrite Ltd has informed BSE that the members at the 40th Annual General Meeting (AGM) of the Company held on August 05, 2011, inter alia, have unanimously passed the following resolutions: 1. Approval of Audited Annual Accounts for the year ended March 31, 2011. 2. Declaration of Dividend on Equity Shares. 3. Re-appointment of Shri M. R. B. Punja as a Director of the Company. 4. Re-appointment of Shri Berjis Desai as a Director of the Company. 5. Re-appointment of Shri Dr. Richard H. Rupp as a Director of the Company. 6. Appointment of M/s. B. K. Khare & Co., Chartered Accountants as Statutory Auditors of the Company and authorizing Board to fix their remuneration. 7. Authorizing Board of Directors pursuant to Section 293(1)(d) of the Companies Act, 1956, to borrow monies for the Business of the Company, including monies already borrowed (apart from temporary loans borrowed/to be borrowed from Company's Banker in ordinary course of Business) up to a maximum amount of Rs. 1500 Crores and also authorizing Board of Directors under Section 293(1)(a) to create necessary charge/mortgage in respect of whole or part of the properties of the Company. 8. Appointment of Shri Maulik. D. Mehta Relative of a Director, to hold office or place of profit under Section 314 (1B) of the Companies Act, 1956, as a Product Head in Senior Management Cader. (As Per BSE Announcement Website dated on 09.08.2011) 
31-Jul-10
Deepak Nitrite Ltd has informed BSE that the members at the 39th Annual General Meeting (AGM) of the Company held on July 31, 2010, inter alia, have unanimously passed the following resolutions: 1. Approval of Audited Annual Accounts for the year ended March 31, 2010. 2. Declaration of Dividend on Equity Shares. 3. Re-appointment of Shri Nimesh Kampani as a Director of the Company. 4. Re-appointment of Shri A. K. Dasgupta as a Director of the Company. 5. Re-appointment of Shri Sudhin Choksey as a Director of the Company. 6. Appointment of M/s. B. K. Khare & Co., Chartered Accountants as Statutory Auditors of the Company and authorizing Board to fix their remuneration. 7. Re-appointment of Shri A. C. Mehta as the Managing Director of the Company. 
30-Jul-09
Deepak Nitrite Ltd has informed BSE that the members at the 38th Annual General Meeting (AGM) of the Company held on July 30, 2009, inter alia, have unanimously passed the following resolutions: 1. Approval of Audited Annual Accounts for the year ended March 31, 2009. 2. Declaration of Dividend on equity shares. 3. Re-appointment of Shri. Shrenik Kasturbhai Lalbhai, Shri. C K Mehta & Shri. Hasmukh Shah, as Directors of the Company. 4. Appointment of M/s. B K Khare & Co., Chartered Accountants as Statutory Auditors of the Company and authorizing Board to fix their remuneration. 5. Re-appointment of Shri. D C Mehta, as a Vice Chairman & Managing Director of the Company. 6. Appointment of Shri. Sudhir Mankad as a Director of the Company. 7. Authorizing Board of Directors to borrow monies not exceed Rs 400 crores for the business of the company pursuant to section 293(1)(d) of the Companies Act, 1956. 8. Consent for payment of remuneration to non whole time directors by way of Commission not exceeding 1% of the net profit of the Company. 
14-Aug-08
Deepak Nitrite Ltd has informed BSE that the 37th Annual General Meeting (AGM) of the Company was held on August 14, 2008, have unanimously passed all the business contemplated in the Notice dated May 27, 2008. 

EGM

27-Sep-03
EGM 27/09/2003 - Court Convened EGM for approving the Scheme of Arrangement of Aryan Pesticides Ltd with the company.  

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Castrol India 16,817.51 37.49 25.90 20.39 71.4 104.3 0.00
Pidilite Inds. 14,140.07 32.53 9.57 17.46 26.6 30.3 0.22
Godrej Inds. 9,734.21 89.63 6.11 28.98 10.0 10.5 0.46
Guj Fluorochem 3,095.33 15.05 1.45 7.96 32.8 38.4 0.37
BASF India 2,500.43 20.75 2.19 11.06 10.0 12.9 0.16
Linde India 2,010.90 93.20 1.51 15.35 4.1 4.0 0.75
Solar Inds. 1,594.61 20.73 4.67 15.37 24.5 22.9 0.75
Clariant Chemica 1,237.82 13.12 2.47 10.23 20.5 27.7 0.00
Aarti Inds. 732.65 7.09 1.43 4.42 18.2 16.0 1.20
Tide Water Oil 618.56 10.84 2.02 6.36 20.9 28.7 0.00
Gulf Oil Corpn. 614.23 12.57 1.52 7.70 10.5 9.1 0.57
Wimco 482.78 0.00 74.28 0.00 0.0 0.0 0.10
Vivimed Labs. 470.72 12.18 1.38 10.64 18.8 13.6 1.19
Citurgia Biochem 417.96 0.00 -236.12 0.00 0.0 0.0 3.52
India Glycols 412.70 2.09 0.75 5.67 22.6 13.0 3.77

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Key Information

Key Executives:

C K Mehta , Chairman  

A C Mehta , Managing Director  

D C Mehta , Vice Chairman & M.D.  

M R B Punja , Director  


Company Head Office / Quarters:
9/10 Kunj Society,
Alkapuri,
Vadodara,
Gujarat-390007
Phone : 91-265-2351013/2334481/82
Fax : 91-265-2330994
E-mail : investor@deepaknitrite.com
Web : http://www.deepaknitrite.com
Registrars:
Sharepro Services India P Ltd
Samhita Complex
Plot No 13 AB
Saki Naka Andheri(E)
Mumbai-400072

Fund Holding

 
Scheme Name No. of Shares
No data found

Calendar

May-2013
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