Robust Marketing Services Private Limited, a promoter entity, has disclosed the creation of an encumbrance on its holdings in Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL). A pledge of 1,05,000 equity shares, representing 0.083% of the total paid-up capital, was executed on March 4, 2026. This action was necessary to provide additional security cover for a loan facility availed by SCM Growth LLP from Bajaj Finance Limited.
Disclosure of Share Encumbrance by Promoter Entity
Robust Marketing Services Private Limited has submitted a mandatory disclosure to the stock exchanges regarding the encumbrance of shares held in the Target Company (TC), Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL). The reporting date for this event is March 11, 2026.
Details of the Pledge Transaction
The core event involves the creation of a pledge on 1,05,000 equity shares of DFPCL. This quantity represents 0.083% of the total paid-up share capital of DFPCL. The pledge was formally established on March 4, 2026.
The shares were pledged in favour of Bajaj Finance Limited. This security arrangement arose because SCM Growth LLP (the Borrower) required additional collateral following an adverse movement in market prices, impacting the required security cover for a loan facility they secured. Robust Marketing Services Private Limited acted as the Security Provider in this transaction.
Impact on Promoter Holding
Prior to this creation of encumbrance, the promoter entity, Robust Marketing Services Private Limited, held 1,10,67,301 shares (8.77% of total share capital). Following the pledge of 1,05,000 shares, the total number of shares held by the entity that are now pledged is 1,05,000 (0.083%). However, the total number of shares already encumbered by the entire promoter group before this event stood at 28,00,000 shares (2.218%). Post-event, the total shares held by Robust Marketing Services Private Limited that remain encumbered sum up to 29,05,000 shares, equating to 2.301% of DFPCL’s total share capital.
The document notes that across the entire promoter group, the total encumbered shares following this event amount to 29,05,000 shares pledged to Bajaj Finance Limited and an additional 8,00,000 shares pledged to Tata Capital Limited, totaling 37,05,000 shares of DFPCL.
Source: BSE
