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Deepak Fertilisers’ Subsidiary Invests in Agritech Growth

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Deepak Fertilisers’ Subsidiary Invests in Agritech Growth

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The latest update is out from Deepak Fertilisers and Petrochemicals Corporation Ltd. ( (IN:DEEPAKFERT) ).

Deepak Fertilisers and Petrochemicals Corporation Ltd. announced that its wholly owned subsidiary, Mahadhan AgriTech Limited, has approved an investment of up to Rs.75 Crores in the SOA FUND – SERIES I, an alternative investment fund. This strategic move aligns with Mahadhan AgriTech’s goal to become a comprehensive, farmer-centric agritech entity, leveraging the fund to access innovative agri-business models and future growth opportunities with reduced capital risk. The investment is expected to yield both financial returns and strategic value, enhancing the company’s industry positioning.

More about Deepak Fertilisers and Petrochemicals Corporation Ltd.

Deepak Fertilisers and Petrochemicals Corporation Ltd. operates in the chemical industry, focusing on the production of fertilizers and petrochemicals. The company is involved in providing agricultural solutions and aims to enhance its market presence through innovative agritech initiatives.

Average Trading Volume: 14,681

Technical Sentiment Signal: Buy

Current Market Cap: 175.4B INR

See more data about DEEPAKFERT stock on TipRanks’ Stock Analysis page.

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