Deepak Fertilisers & Petrochemicals has announced a significant inter-se promoter share transfer under the SEBI Substantial Acquisition of Shares and Takeovers Regulations. The transaction involves the transfer of 74,00,000 equity shares from one promoter entity to another, representing 5.86% of the company's total share capital.

Transaction Details

The proposed acquisition involves SCM Commercial Private Limited acquiring shares from Robust Marketing Services Private Limited. Both entities are part of the promoter group of Deepak Fertilisers And Petrochemicals Corporation Limited.

Regulatory Compliance and Pricing

The transaction qualifies for exemption under Regulation 10(1)(a)(iii) of the SEBI SAST Regulations, eliminating the requirement for an open offer. The shares will be acquired at a price not exceeding the limits stipulated under the regulatory framework.

The 60-day volume weighted average market price for the period preceding the notice issuance was ₹1075.27, based on trading data from the stock exchange with maximum volume. SCM Commercial Private Limited has declared that the acquisition price will not exceed 25% above this computed price.

Shareholding Impact

The transaction will result in a redistribution of shares within the promoter group while maintaining the overall promoter holding percentage.

Compliance Declarations

The acquirer has made several key declarations as required under the regulations:

• Compliance with all conditions specified under Regulation 10(1)(a) regarding exemptions
• Adherence to applicable disclosure requirements in Chapter V of the SEBI SAST Regulations
• Confirmation that both transferor and transferee have complied with regulatory requirements during the three years prior to the proposed acquisition

The transaction represents a strategic realignment within the promoter group structure while ensuring full compliance with regulatory requirements and maintaining transparency through proper disclosures to stock exchanges.

Deepak Fertilisers & Petrochemicals Corporation Limited has entered into a Share Subscription and Shareholders Agreement for a strategic investment in renewable energy infrastructure. The company announced on March 20, 2026, its decision to invest ₹5 crores in First Energy 11 Private Limited for Wind-Solar Hybrid Power captive consumption.

Investment Structure and Agreement Details

The company has signed the Share Subscription and Shareholders Agreement with First Energy 11 Private Limited and First Energy Private Limited. This investment will enable Deepak Fertilisers to acquire a minimum 26% stake along with other captive users in the equity share capital of First Energy.

Regulatory Compliance and Framework

The investment has been structured in accordance with the provisions of the Electricity Act, 2003 and rules made thereunder. The agreement also includes a corresponding Captive Power Agreement with First Energy, ensuring compliance with regulatory requirements for captive power consumption.

Strategic Benefits and Sustainability Goals

This investment enables long-term access to renewable Wind-Solar Hybrid power through captive consumption, resulting in cost efficiencies for the company's operations. The initiative supports Deepak Fertilisers' sustainability goals by increasing the company's share of renewable energy usage and contributing to reduction in carbon footprint.

The agreement was executed at approximately 3:30 PM on March 20, 2026, and represents the company's commitment to expanding into renewable energy infrastructure while maintaining focus on operational cost optimization and environmental responsibility.