Deepak Fertilisers and Petrochemicals Corporation Limited has announced the incorporation of its new step-down wholly owned subsidiary, Mahadhan Nutritek Solutions Limited (‘MNSL’). MNSL was incorporated on October 26, 2026, as a wholly owned subsidiary of Mahadhan AgriTech Limited, itself a wholly owned subsidiary of Deepak Fertilisers. The new entity will focus on the manufacturing, processing, buying, selling, importing, exporting, marketing, and distribution of chemicals, petrochemicals, fertilizers, and allied products.
New Subsidiary Established
Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) has officially announced the incorporation of a new step-down wholly owned subsidiary, named Mahadhan Nutritek Solutions Limited (‘MNSL’). The incorporation date for MNSL is October 26, 2026. This new entity is a subsidiary of Mahadhan AgriTech Limited (‘MAL’), which in turn is a wholly owned subsidiary of DFPCL.
Business Objectives and Structure
MNSL has been established as a public limited company in accordance with the Companies Act, 2013. It operates as a wholly owned subsidiary of Mahadhan AgriTech Limited, continuing the ‘step-down’ structure for DFPCL. The primary business activities of MNSL will encompass a broad range of operations including the manufacturing, processing, buying, selling, importing, exporting, marketing, distributing, and dealing in various chemicals, petrochemicals, fertilizers, agrochemicals, minerals, and related allied products and their derivatives.
Financial Details and Capitalization
The Authorized Share Capital of Mahadhan Nutritek Solutions Limited is set at Rs. 10.00 Crores, comprising 1,00,00,000 Equity shares with a face value of Rs. 10/- per share. The Paid-up Share Capital is Rs. 75,00,000/-, consisting of 7,50,000 Equity shares of Rs. 10/- each. DFPCL’s investment into MNSL amounts to Rs. 75.00 Lakhs through initial subscription to its share capital, securing 100% shareholding.
Related Party Status and Industry Focus
As MNSL is a step-down subsidiary of the Company, it is considered a related party. However, the promoters and promoter group of DFPCL do not hold any interest in MNSL beyond their existing stake in the parent company. The industry to which MNSL belongs is identified as Chemicals & Fertilisers.
Operational Status
The entity has been incorporated and its details are reflected in the Ministry of Corporate Affairs (MCA) database. However, the Certificate of Incorporation and the formal approval email from MCA are still awaited. As MNSL has just been incorporated on October 26, 2026, it has not yet commenced its business operations, and therefore, its turnover and size are not applicable at this stage.
Source: BSE
