Deepak Fertilisers & Petrochemicals Corporation Limited has successfully concluded its postal ballot process, with all four special resolutions receiving overwhelming shareholder approval. The company announced the results on January 31st, 2026, following the completion of remote e-voting that concluded on January 29th, 2026.

Postal Ballot Process Overview

The postal ballot was conducted exclusively through remote e-voting, with KFin Technologies Limited serving as the service provider and registrar. The voting period commenced on December 31st, 2025 at 9:00 a.m. (IST) and concluded on January 29th, 2026 at 5:00 p.m. (IST). The cut-off date for determining eligible shareholders was Friday, December 26th, 2025.

Ashish Garg, Designated Partner of GDR & Partners LLP, Company Secretaries, acted as the scrutinizer for the postal ballot process. The scrutinizer's report was submitted to the Chairman, and results were declared on January 31st, 2026.

Resolution Results Summary

All four special resolutions achieved remarkable success with strong shareholder support:

Shareholder Participation Details

The postal ballot witnessed significant participation from shareholders across all categories. The total number of shareholders on record date was 204378, with 126237825 total shares eligible for voting. Across all resolutions, 81612713 to 81612722 votes were polled, representing 64.65% of the total outstanding shares.

Category-wise Voting Pattern

Promoter and Promoter Group: Demonstrated unanimous support across all resolutions with 57598775 votes in favour and zero votes against, representing 99.9917% participation from their total holding of 57603547 shares.

Public Institutions: Showed strong participation with 23939361 votes polled from their total holding of 29954738 shares, representing 79.9184% participation. Their support varied across resolutions, with the highest support for Dr. Purvi Mehta Bhatt's appointment.

Public Non-Institutions: Participated with 74577 to 74586 votes from their total holding of 38679540 shares, representing 0.1928% participation.

Board Composition Enhancement

The successful passage of these resolutions strengthens the company's board composition with the appointment of Dr. Purvi Mehta Bhatt (DIN: 01596457) as an Independent Woman Director. Additionally, the re-appointments of Mr. Sanjay Gupta (DIN: 05281731), Mr. Sitaram Kunte (DIN: 02670899), and Mr. Terje Bakken (DIN: 10044096) as Independent Directors ensure continuity in board leadership.

Compliance and Documentation

The postal ballot process was conducted in compliance with Sections 108 and 110 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer's report and voting results have been made available on the company's website and KFin Technologies Limited's website for shareholder reference.

The company has submitted the complete voting results to BSE Limited and National Stock Exchange of India Limited, fulfilling all regulatory disclosure requirements under the listing regulations.

Deepak Fertilisers & Petrochemicals Corporation Limited has announced the completion of tenure of Independent Director Mrs. Varsha Vasant Purandare, effective January 30, 2026. The company informed stock exchanges about this board change in compliance with SEBI listing regulations.

Director Tenure Completion

Mrs. Varsha Vasant Purandare (DIN: 05288076) will cease to be an Independent Director of the company with effect from the close of business hours on January 30, 2026. Her departure follows the completion of her second consecutive two-year term as an Independent Director.

The following table outlines the key details of this board change:

Committee Positions

Consequent to her cessation as Independent Director, Mrs. Purandare will also step down from her positions as chairman/member of various board committees. This change is part of the natural completion of her directorship tenure rather than any resignation or removal.

Regulatory Compliance

The company has made this disclosure in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was sent to both BSE Limited (BSE Code: 500645) and National Stock Exchange of India Ltd. (NSE Code: DEEPAKFERT) on January 30, 2026.

The disclosure follows the requirements pursuant to Para A of Part A of Schedule III read with SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Additional information regarding this board change is available on the company's website at www.dfpcl.com .