iifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Deep Polymers inks pact with IIT Guwahati for development of biodegradable plastics

7 Dec 2022 , 03:40 PM

Deep Polymers has signed a Memorandum of Understanding (MOU) with IIT Guwahati (IITG) as part of the IITG- Common Research & Technology Development Hub (CRTDH), which is funded by the Department of Scientific & Industrial Research (DSIR), Ministry of Science and Technology, New Delhi.

According to the terms of the MOU, IIT Guwahati agrees to provide Professional Services as needed. Deep Polymers Ltd. will invest in and make available plant and machinery for the development of biodegradable plastics and related technologies.

Further, it will provide services for R&D, manpower training, and technology dissemination related to biodegradable plastics, product development, and commercialization under the CRTDH, which is funded by DSIR, Ministry of Science and Technology, Government of India.

Deep Polymers made a deliberate decision to venture into Biodegradable Polymers in order to promote its efforts toward green living and waste reduction.

The scope of the MoU includes a discussion on sustainable polymer-based technologies, contract-based studies on sustainable polymers, training of industrial manpower in the area of bio-based, biodegradable polymers, and joint research on biodegradable plastics, etc.

At around 2.37 PM, Deep Polymers was trading at Rs147, up by 0.18% against previous close of Rs146.80 on BSE. The counter hit intraday high and low of Rs149.90 and Rs145.30 respectively.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Deep Polymers Collaboration
  • Deep Polymers News
  • Deep Polymers Share
  • Deep Polymers Stock
  • Deep Polymers Updates
  • IIT Guwahati Deep Polymers
sidebar mobile


Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.