Deepak Fertilisers & Petrochemicals Corporation shares staged a notable recovery in Wednesday's trading session, climbing 5.1% to ₹1,270.20 after experiencing declines over the previous two sessions. The rebound signals renewed buying interest following the recent pullback in the stock.

Trading Performance and Market Dynamics

The stock exhibited significant intraday volatility during the session, with trading activity spanning a wide range. Key trading metrics for the day included:

Long-term Performance Analysis

While the stock has shown muted movement over the past year with gains of approximately 7%, the long-term performance trajectory remains substantially positive. The company has delivered impressive wealth creation for long-term investors despite the recent consolidation phase.

Valuation Metrics

The stock appears reasonably priced based on current valuation parameters, suggesting balanced pricing relative to its fundamentals:

Technical Analysis Overview

From a technical perspective, momentum indicators present a mixed picture. The 14-day Relative Strength Index (RSI) stands at 34.7, positioning close to the oversold zone and indicating that selling pressure may be nearing exhaustion. However, the broader trend remains cautious as the stock trades below five out of eight key simple moving averages, maintaining positions above only short-term averages while remaining below major long-term averages ranging from 30-day to 200-day SMA.

Financial Performance

The company demonstrated stable growth in its latest quarterly results for September 2025. Financial highlights include:

Institutional Holdings

Shareholding data reflects mixed institutional activity during the September 2025 quarter. Foreign portfolio investors (FPIs) slightly reduced their stake from 11.25% to 10.94%, while mutual funds increased their holdings marginally from 8.97% to 9.03%, indicating selective confidence among domestic institutional investors in the company's prospects.

Deepak Fertilisers & Petrochemicals has announced a postal ballot notice to seek shareholder approval for four director appointments under Regulation 30 of the SEBI Listing Regulations. The company issued the notice on December 29, 2025, proposing significant changes to its board composition through electronic voting.

Key Director Appointments

The postal ballot covers four special resolutions for director appointments and re-appointments:

New Independent Woman Director Appointment

The company proposes to appoint Dr. Purvi Mehta Bhatt as an Independent Woman Director effective January 1, 2026. This appointment addresses the regulatory requirement under SEBI Listing Regulations for top 1,000 listed entities to have at least one independent woman director. Dr. Mehta will replace Smt. Varsha Purandare, whose second consecutive term ends on January 30, 2026.

Dr. Mehta brings over 28 years of global leadership experience across Asia, Africa, and North America. She holds advanced degrees from M.S. University (India), Tokyo University (Japan), and a doctorate from North Carolina State University (USA). Until May 2025, she served as Senior Advisor for Global Growth and Opportunities at the Bill Gates Foundation and currently serves as Senior Advisor to the Global Centre for Adaptation.

Re-appointments of Existing Independent Directors

Three current Independent Directors seek re-appointment for second terms:

Mr. Sanjay Gupta, an Engineering Graduate and former Chairman & Managing Director of Engineers India Limited, has over 37 years of experience in the hydrocarbon industry. His current first term commenced on February 2, 2023, and will end on February 1, 2026.

Mr. Sitaram Kunte, a 1985 batch IAS officer from Maharashtra cadre, brings 36 years of administrative experience. He served as Chief Secretary, Government of Maharashtra, and spearheaded the state's response to the COVID-19 second wave. His current term also ends on February 1, 2026.

Mr. Terje Bakken, a Norwegian national with an MBA from Bath University, has over 30 years of experience in the international fertilizer and process chemical industry. He served as Executive Vice President in Yara International's management team and Head of Marketing Sales at EuroChem A.G. His current term ends on February 19, 2026.

Voting Process and Timeline

The company has engaged KFin Technologies Limited to facilitate remote e-voting for shareholders. Key dates and details include:

Shareholders whose names appear in the Register of Members or Record of Depositories as on the cut-off date and whose email addresses are registered with the company, RTA, or depositories are eligible to vote. The postal ballot notice has been sent electronically to eligible shareholders, with physical copies not being dispatched in compliance with MCA circulars.

Regulatory Compliance

All proposed resolutions require approval as special resolutions through electronic voting in accordance with relevant MCA and SEBI circulars. The appointments comply with provisions of the Companies Act, 2013, and SEBI Listing Regulations. Each proposed director has submitted declarations of independence and meets the criteria specified under applicable regulations.

The results will be announced by the Chairman or authorized person and communicated to stock exchanges, placed on the company's website at www.dfpcl.com , and on KFin Technologies' website. The company's registered office is located at Sai Hira, Survey No. 93, Mundhwa, Pune - 411 036.