DEEPAK NOVOCHEM TECHNOLOGIES LIMITED (DNTL)
- DNTL develops and manufactures basic building blocks for various performance oriented end use applications in Epoxies, Herbicides, Pharmaceuticals, Flavours & Fragrances, Adhesives, Construction Chemicals, Electrical & Electronics, Antioxidants, Specialty Resins & Polymers and so on.
- DNTL is part of Deepak Group, with 50+ years presence and many laurels:
- Market leader in Indian Chemical Industry
- Customers in 30+ countries
- 70% Market share in Sodium Nitrite, Sodium Nitrate & Nitro Toluenes in India,
- Among Top 3 Global producer of Xylidines, Cumidines and Oximes,
- Turnover of INR 4,381 crores and Market cap of INR 22,600 crores in FY’21
- Well known for their following businesses:
- Deepak Nitrite Limited (https://www.godeepak.com/)
- Deepak Fertilizers and Petrochemicals Corporation Limited (https://www.dfpcl.com/)
DECISION TO IMPLEMENT LAWRBIT’S GCMS
- Part of group with listed companies, having common Directors and Governance requirement, it’s important to have a strong Compliance Management Framework.
- The group implemented Compliance Management Solution from a Big 4 which wasn’t meeting their expectations regards to frequent changing regulations and technology upgrades.
CLIENT’S CHALLENGES
- Manual reporting, consolidation and preparation of Compliance Certificate
- Not confident of comprehensive coverage of laws and compliance in manual framework
- Manual search for applicable Regulatory Updates is a broken and inconsistent process
- Unsure about applicability and coverage of Import and Export Rules and compliance
- Instances of missed Compliance, broken Communication during Covid-19 and Natural calamities
LAWRBIT GCMS IMPLEMENTATION
Lawrbit engaged with DNTL in mid 2021; and conducted a thorough Business Discovery across locations. Our Legal and Customer Success teams engaged with their functional Heads / experts across locations to understand the operational process and workings of the company. The Project was divided in 4 stages:
- Phase – 1: Business Discovery using questionnaires and interviews
- Phase – 2: Identification of applicable laws and compliance by location
- Phase – 3: Identification of Responsibility and ownership matrix
- Phase – 4: Software customisation, user training and Go-Live
LIFETIME BENEFACTION
DNTL now enjoys the benefits of our lifetime support:
- Real time Regulatory Updates across all laws
- Automated Technology updates and upgrades
- Ticket based End User Support with
- Periodic Compliance Health Check
THE UPSHOT
- The Group Legal and Compliance team now has Real time access to Compliance status and Risks
- All entities including plant, R&D, Warehouse etc. are aware of compliance obligations and sensitive
- Clearly defined responsibility across functions
- Management Reports through analytic dashboards, regulatory updates, Compliance Certificate etc.
PROJECT HIGHLIGHTS
- No. of Locations: 4
- 60+ Applicable Laws & Rules
- 1,800+ Compliance applicable
- 20+ Departments
- Dedicated Customer Support Manager
- Periodic Compliance Health Checks and corrections
- Clear visibility at Group level
LIST OF KEY LAWS APPLICABLE ON the CLIENT
- Air Pollution Act – Maharashtra
- Anti-Smoking Act
- Apprentices Act
- Batteries Management Rules
- Bio-Medical Waste Management Rules – Maharashtra
- Child and Adolescent Labour Act
- Companies Act, 2013
- Construction & Demolition waste Management Rules – Maharashtra
- Contract Labour Act- Maharashtra
- Copyright Act
- Customs Act
- Designs Act
- Disaster Management Act – Maharashtra
- Electricity Act – Central
- Electricity Duty Act-Maharashtra
- EPF Act
- Employee’s Compensation Act – Haryana
- Environment Protection Act
- Equal Remuneration Act
- ESI Act
- E-Waste Management Rules
- Factories Act – Maharashtra
- Fire Prevention and Life Safety Measures Act – Maharashtra
- Foreign Trade Policy
- Gas Cylinder Rules
- GST Act – Maharashtra
- Hazardous and Other Wastes Rules – Maharashtra
- Income Tax Act
- Indian Wireless Telegraphy Act – Central
- Industrial Disputes Act – Maharashtra
- Industrial Employment (Standing Orders) Act – Maharashtra
- Industrial Establishments(National and Festival Holidays) Act – Haryana
- Information Technology Act
- Inter-State Migrant Workmen Act – Maharashtra
- Labour Welfare Fund Act – Maharashtra
- Legal Metrology Act-Maharashtra
- Lifts, Escalators and Moving Walks Act – Maharashtra
- Maharashtra-Private Security Agencies Act
- Manufacture, Storage And Import Of Hazardous Chemical Rules – Maharashtra
- Master Direction – Export of Goods and Services
- Master Direction – Import of Goods and Services
- Maternity Benefit Act – Maharashtra
- Minimum wages Act – Maharashtra
- Motor Vehicles Act – Maharashtra
- Mathadi, Hamal and other Manual Workers (Regulation of Employment and Welfare) Act – Maharashtra
- MSME Act
- Noise Pollution Rules-Maharashtra
- Non-Biodegradable Garbage Act -Maharashtra
- Payment of Gratuity Act – Maharashtra
- Payment of Bonus Act
- Payment of Wages Act
- Petroleum Act
- Plastic Waste Management Rules
- Poisons Act – Maharashtra
- POSH
- Prevention of Corruption Act
- Professional Tax Act – Maharashtra
- Public Liability Act – Central
- RBI (LEI for Participation in Non-derivative Markets)
- Shops and Establishments Act – Maharashtra
- Solid Waste Management Rules – Maharashtra
- Static and Mobile Pressure Vessels (Unfired) Rules – Central
- Water Pollution Act – Maharashtra
- Workmen’s Minimum House rent Allowance Act – Maharashtra
GM Finance, (Deepak Novochem Technologies Limited)
“Our overall GCMS Implementation experience was quite good. Lawrbit team has extended full co-operation and support to us and in spite of some hindrance from our side whole implementation process went smooth”
DISCLAIMER
The case studies published on this website are intended for informational purposes only and reflect real-world examples of our work with various clients. While we strive to provide accurate and up-to-date content, the results and outcomes described in these case studies may vary based on specific circumstances, client needs, and other factors. Any similarities to actual companies, organizations, or situations are purely coincidental unless explicitly stated. We make no warranties, express or implied, regarding the completeness, accuracy, reliability, or suitability of the information contained in these case studies. The information is provided "as is" without guaranteeing completeness, accuracy, or timeliness. We disclaim any warranties of merchantability, fitness for a particular purpose, or non-infringement. The information provided in these case studies does not constitute professional advice. Readers are encouraged to seek professional advice tailored to their needs and circumstances.
