Robust Marketing Services Private Limited has pledged 1,05,000 equity shares of Deepak Fertilisers And Petrochemicals Corporation Limited to Bajaj Finance Limited as part of a security arrangement for a loan facility. The pledge was created on 4th March 2026 and disclosed to stock exchanges on 11th March 2026 under SEBI Takeover Code regulations.

Pledge Details and Purpose

The pledged shares represent 0.083% of DFPCL's total paid-up share capital. The encumbrance was necessitated due to a shortfall in security cover of the loan on account of adverse movement in the market price of shares.

Loan Facility Structure

SCM Growth LLP availed the loan facility from Bajaj Finance Limited specifically for subscribing to Compulsorily Convertible Debentures issued by Deepak Mining Solutions Limited. Deepak Mining Solutions is a 100% subsidiary of DFPCL, which is listed on both BSE and NSE.

Robust Marketing Services acts as the security provider in this arrangement, with SCM Growth LLP being the borrower. The pledge was created as a security top-up requirement as per the loan agreement between the three parties.

Promoter Holdings Overview

Following this pledge, Robust Marketing Services' total encumbered shareholding in DFPCL has increased significantly:

The disclosure reveals that out of the total 29,05,000 encumbered shares, 21,05,000 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 Regulation 31(1) of the SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011, and the Master circular dated February 16, 2023. The filing was submitted to both BSE Limited and National Stock Exchange of India Limited, where DFPCL shares are listed under codes 500645 and DEEPAKFERT respectively.

Sailesh Chimanlal Mehta, Director of Robust Marketing Services Private Limited with DIN 00128204, signed the disclosure documents on behalf of the company from Pune.

Deepak fertilisers & petrochemicals Corporation Limited has informed stock exchanges about an income tax demand order received by its material subsidiary, Deepak Mining Solutions Limited (DMSL), amounting to ₹3,45,75,555 for Assessment Year 2024-25.

Tax Demand Details

The income tax demand was issued by the Deputy Commissioner of Income Tax, Central Circle, under section 143(3) of the Income Tax Act, 1961. The company received the order dated January 29, 2026, on February 2, 2026, around 10:32 AM.

Nature of Violation

The Assessing Officer (AO) made disallowance of depreciation on 'intangible assets' that were recorded in DMSL's books of accounts for the first time due to the demerger of TAN business to DMSL. This disallowance resulted in the substantial tax demand against the subsidiary.

Company's Response and Impact Assessment

Deepak Fertilisers has stated that there is no material impact on the financials, operations, or other activities of either the parent company or DMSL. The company's confidence stems from previous favorable decisions by the Income-tax Appellate Tribunal in earlier years for similar issues.

Legal Strategy

DMSL has taken the legal view that:

• The demand is not tenable based on tribunal precedents
• The order is liable to be set aside in appeal
• The company will challenge the order at an appropriate forum

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has also been made available on the company's website at www.dfpcl.com , ensuring full transparency with stakeholders and regulatory authorities.