Robust Marketing Services pledges 2,48,000 Deepak Fertilisers shares to Bajaj Finance

2 min read     Updated on 17 Apr 2026, 03:19 PM
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AI Summary

Robust Marketing Services Private Limited has pledged 2,48,000 equity shares of Deepak Fertilisers And Petrochemicals Corporation Limited, representing 0.1965% of the company's paid-up share capital, in favour of Bajaj Finance Limited on 10th April 2026. The pledge was created to meet additional security requirements for a loan facility availed by SCM Growth LLP from Bajaj Finance for subscribing to CCDs of Deepak Mining Solutions Limited. Following this transaction, Robust Marketing Services' total encumbered shares in DFPCL stand at 31,53,000 shares, representing 2.498% of the total share capital.

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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.

Historical Stock Returns for Deepak Fertilisers & Petrochemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+3.01%+18.14%+39.35%-11.07%-2.66%+453.10%

Will the volatile market conditions mentioned lead to additional pledge requirements or margin calls for Robust Marketing Services in the coming quarters?

How might the performance of Deepak Mining Solutions Limited's CCD investments impact the loan repayment capacity and potential pledge releases?

Could this increased encumbrance pattern among promoters signal upcoming capital expansion plans or acquisition strategies for DFPCL?

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Deepak Fertilisers Responds to BSE Volume Movement Inquiry, Confirms Compliance

1 min read     Updated on 16 Apr 2026, 03:03 PM
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Deepak Fertilisers and Petrochemicals Corporation Limited has responded to surveillance inquiries from both NSE and BSE regarding significant increases in trading volume. The company confirmed strict compliance with SEBI Regulation 30 disclosure requirements and stated there is no pending information that could affect stock price or volume behavior, attributing the movement to market-driven factors.

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Deepak fertilisers & petrochemicals Corporation Limited has issued clarifications to both the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) regarding notable surges in trading volume of its securities across exchanges. The company has responded to surveillance inquiries from both exchanges, with the latest response addressed to BSE dated April 16, 2026.

Regulatory Compliance Confirmation

The company emphasized its strict adherence to regulatory disclosure requirements in its communications to both exchanges. Key compliance aspects highlighted include:

Compliance Parameter: Company Response
SEBI Regulation 30 Compliance: Strictly complying with provisions
Disclosure Timeline: All relevant disclosures filed within stipulated time
Pending Information: No pending information affecting price/volume behavior
Material Announcements: All required disclosures made as and when required

BSE Volume Movement Inquiry

BSE Surveillance Department contacted the company on April 16, 2026, noting a significant increase in the volume of the company's security across exchanges. The exchange requested information about any pending announcements or developments that may have influenced the price or volume behavior of the stock. The inquiry was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Position on Volume Movement

Deepak Fertilisers clarified that it has no specific comments regarding the volume movement of its securities, attributing the activity to market-driven factors. The company confirmed in both responses that there is no undisclosed information or pending announcements that could have influenced the recent price or volume behavior of its stock.

Communication Details

Both clarifications were signed by Rabindra Purohit, VP – Legal, Compliance & Company Secretary, and were digitally authenticated. The BSE response was submitted on April 16, 2026, following the exchange's request for clarification by 3:30 PM on the same day. The communications were addressed to surveillance departments of both NSE and BSE, ensuring comprehensive regulatory coverage.

Regulatory Framework Reference

The company's responses specifically reference SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, under Regulation 30, which governs the disclosure of material events and information by listed companies. This regulation ensures that investors have access to material information that could impact their investment decisions.

Historical Stock Returns for Deepak Fertilisers & Petrochemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+3.01%+18.14%+39.35%-11.07%-2.66%+453.10%

What market factors or industry developments could be driving the unusual trading volume in Deepak Fertilisers' stock?

Will regulatory authorities conduct a deeper investigation into the trading patterns despite the company's compliance clarifications?

How might this increased market attention affect Deepak Fertilisers' upcoming quarterly earnings and investor sentiment?

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1 Year Returns:-2.66%