Deepak Fertilisers & Petrochemicals expects its planned business restructuring to help compartmentalise the company’s various segments like fertilisers, industrial chemicals and mining services into separate entities, allowing investors to better track individual businesses as well as paving way for raising funds and partnerships.
The restructuring will also allow for dedicated management teams for all the businesses, aiding the company’s vision of moving towards value-added services from manufacturing commodity products, MD Shailesh Mehta said. The reorganisation will also “open the doors” for getting investments into the individual businesses as well as for the listing of the two subsidiary companies, Mehta told ET.
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