Deepak Fertilisers and Petrochemicals Corporation Limited has announced an internal share transfer within its promoter group. SCM Commercial Private Limited, a wholly-owned subsidiary, has acquired 74,00,000 equity shares, representing 5.86% of the target company’s total paid-up share capital. This off-market acquisition from Robust Marketing Services Private Limited was completed on April 22, 2026. The transaction aligns with the group’s strategic internal restructuring objectives while maintaining overall promoter group holding levels.
Transaction Details
The acquisition involved a significant off-market transfer of 74,00,000 equity shares of Deepak Fertilisers and Petrochemicals Corporation Limited. The shares were transferred from Robust Marketing Services Private Limited to its wholly-owned subsidiary, SCM Commercial Private Limited. This move consolidates 5.86% of the total voting rights and share capital under the acquirer as part of a broader promoter group reorganization.
Strategic Realignment
The share transfer was executed at a price of ₹174.55 per share. This internal restructuring does not alter the aggregate shareholding of the promoter group within the target company. The process was finalized following necessary prior intimations to the stock exchanges, ensuring transparency regarding the change in ownership structure between the entities.
Impact on Shareholding
Following this transaction, the shareholding of Robust Marketing Services Private Limited has adjusted to 36,67,301 shares, accounting for 2.91% of the total capital. Conversely, SCM Commercial Private Limited now holds 74,00,000 shares, solidifying its 5.86% stake. This realignment is part of the group’s internal strategic initiatives and does not trigger an open offer under standard takeover regulations, as it is classified as an exempt inter-se promoter group transfer.
Source: BSE
