SCM Commercial Private Limited has increased its stake in Deepak Fertilisers and Petrochemicals Corporation Limited through an off-market inter-se transfer between promoters. The company has acquired 74,00,000 equity shares, representing a 5.86% stake in the target company. This transaction, completed on April 22, 2026, was executed under an exemption for transfers between promoters, further consolidating the existing promoter group’s holdings in the organization.
Details of the Equity Acquisition
In a strategic move within the promoter group, SCM Commercial Private Limited has acquired 74,00,000 equity shares of Deepak Fertilisers and Petrochemicals Corporation Limited. This acquisition accounts for 5.86% of the target company’s total equity share capital. The transfer was successfully executed on April 22, 2026, through an off-market inter-se transaction, reflecting a realignment of shareholding structures within the promoters.
Impact on Shareholding Structure
Prior to this transaction, the acquirer held zero shares in the target company. Following the completion of this acquisition, the total shareholding of the promoter group remains stable in terms of aggregate interest, as the transaction involved an inter-se transfer. The target company, Deepak Fertilisers and Petrochemicals Corporation Limited, continues to have a total equity capital base of 12,62,37,825 shares, each with a face value of ₹10.
Transaction Context
The shares were acquired at the current market structure to facilitate internal promoter consolidation. This acquisition was performed in reliance upon specific exemptions provided for transfers between members of the same promoter group, ensuring compliance with standard corporate governance and transparency requirements. No additional warrants or convertible instruments were issued as part of this specific transaction.
Source: BSE
