SCM Commercial Private Limited has completed the acquisition of 74,00,000 equity shares, representing 5.86% of the paid-up equity share capital of deepak fertilisers & petrochemicals . The transaction was executed through an off-market inter-se transfer from Robust Marketing Services Private Limited on April 22, 2026, under Regulation 10(1)(a)(iii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011.
Transaction Details
The acquisition was conducted in reliance upon the exemption provided under Regulation 10(1)(a)(iii) of SEBI SAST Regulations, which exempts the acquirer from making an open offer. The prior intimation regarding this proposed acquisition was submitted to the stock exchanges on March 23, 2026, under Regulation 10(5) of the Takeover Code. The acquisition price was INR 1,29,16,67,644, with the shares acquired at a price not exceeding the limits stipulated under the relevant SEBI regulations.
Parameter Details Acquirer SCM Commercial Private Limited Seller Robust Marketing Services Private Limited Shares Acquired 74,00,000 Percentage of Holding 5.86% Date of Acquisition April 22, 2026 Acquisition Value INR 1,29,16,67,644 Mode of Transfer Off Market Inter-se Transfer Regulatory Exemption Regulation 10(1)(a)(iii) of SEBI SAST Regulations 2011
Shareholding Changes
The transaction resulted in significant changes in the shareholding patterns of both entities involved. SCM Commercial Private Limited, which previously held no shares in the company, now holds 74,00,000 shares representing 5.86% of the diluted share capital. Conversely, Robust Marketing Services Private Limited's holding reduced from 1,10,67,301 shares (8.77%) to 36,67,301 shares (2.91%).
Entity Pre-Transaction Shares Pre-Transaction % Post-Transaction Shares Post-Transaction % SCM Commercial Private Limited 0 0 74,00,000 5.86% Robust Marketing Services Private Limited 1,10,67,301 8.77% 36,67,301 2.91%
Promoter Group Holding
The overall promoter group holding remains unchanged at 5,76,03,547 shares or 45.63% of the total share capital. Nova Synthetic Private Limited continues to be the largest promoter shareholder with 4,35,92,875 shares (34.53%). Other significant promoter holdings include Deepak C. Mehta with 8,78,913 shares (0.70%) and Sofotel Infra Private Limited with 19,41,546 shares (1.54%).
The equity share capital and total voting capital of the target company remain at 12,62,37,825 equity shares of Rs. 10 each both before and after the acquisition. The total diluted share capital also stands at 12,62,37,825 equity shares. The disclosure was signed by Jill Shah, Company Secretary of SCM Commercial Private Limited (Membership Number: ACS-64360), and submitted to both BSE Limited and National Stock Exchange of India Limited.
Robust Marketing Services Private Limited has created a pledge over 2,48,000 equity shares of deepak fertilisers & petrochemicals And Petrochemicals Corporation Limited (DFPCL) in favour of Bajaj Finance Limited. The disclosure was made under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, dated 16th April 2026.
Pledge Details and Background
The pledged shares represent 0.1965% of DFPCL's total paid-up share capital. The pledge was executed on 10th April 2026 as part of security arrangements for a loan facility. SCM Growth LLP had availed a loan facility from Bajaj Finance Limited for subscribing to Compulsorily Convertible Debentures (CCDs) issued by Deepak Mining Solutions Limited, which is a 100% subsidiary of the listed company DFPCL.
Parameter: Details Shares Pledged: 2,48,000 equity shares Percentage of Capital: 0.1965% Pledge Date: 10th April 2026 Beneficiary: Bajaj Finance Limited Type of Encumbrance: Pledge
Promoter Holdings and Encumbrance Status
Robust Marketing Services Private Limited holds 1,10,67,301 equity shares in DFPCL, representing 8.77% of the total share capital. Following this transaction, the company's total encumbered shares have increased to 31,53,000 shares, representing 2.498% of the total share capital.
Promoter Entity: Total Holding Holding % Encumbered Shares Encumbrance % Robust Marketing Services Pvt Ltd: 1,10,67,301 8.77% 31,53,000 2.498% Nova Synthetic Private Limited: 4,35,92,875 34.53% N.A N.A Sofotel Infra Private Limited: 19,41,546 1.54% N.A N.A Deepak Chimanlal Mehta: 8,78,913 0.70% N.A N.A
Security Arrangement Structure
The pledge was created to ensure adequate minimum security cover as required under the loan agreement, particularly given volatile market conditions. Out of the total 31,53,000 encumbered shares held by Robust Marketing Services, 23,53,000 shares are pledged in favour of Bajaj Finance Limited, while 8,00,000 shares are pledged in favour of Tata Capital Limited.
Regulatory Compliance
The disclosure was made in compliance with SEBI Master circular dated February 16, 2023, bearing reference number SEBI/HO/CFD/PoD-1/P/CIR/2023/31. The communication was addressed to both BSE Limited and National Stock Exchange of India Limited, where DFPCL shares are listed under codes 500645 and DEEPAKFERT respectively. The disclosure was signed by Sailesh Chimanlal Mehta, Director of Robust Marketing Services Private Limited, with DIN: 00128204.
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