SCM Commercial Private Limited is undertaking an inter-se transfer of promoter shares in Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL). The transaction involves acquiring 74,00,000 equity shares, representing 5.86% of the total share capital, from Robust Marketing Services Private Limited. The acquisition date is set for on or after March 23, 2026. This move is classified as an inter-se transfer among qualifying persons, exempting it from a general open offer requirement.
Details of Proposed Inter-se Share Transfer
SCM Commercial Private Limited (the Acquirer) has filed an intimation regarding the proposed acquisition of shares in Deepak Fertilisers And Petrochemicals Corporation Limited (the Target Company, TC). The proposed transaction involves acquiring 74,00,000 equity shares from Robust Marketing Services Private Limited (the Transferor).
This aggregate acquisition constitutes 5.86% of the total share capital of the TC. The proposed date of acquisition is on or after March 23, 2026. The rationale provided for this transfer is explicitly stated as an Inter-se transfer of shares amongst qualifying persons.
Exemption Compliance
The acquirer confirms that the transaction falls under Regulation 10(1)(a)(iii) of the SEBI (SAST) Regulations, qualifying for exemption from making an open offer. The acquirers further declare compliance with all stipulated conditions regarding this exemption.
Shareholding Changes Post-Transaction
The shareholding details confirm that SCM Commercial Private Limited (the Acquirer) holds 0 shares (0% holding) prior to the transaction. After the proposed acquisition, SCM Commercial Private Limited will hold 74,00,000 shares, representing 5.86% of the total share capital.
Conversely, the seller, Robust Marketing Services Private Limited, held 110,67,301 shares (8.77%) before the transfer and will hold 36,67,301 shares (2.91%) after transferring 74,00,000 shares.
Promoter Group Holding Summary
An analysis of the promoter group holding before and after the inter-se transaction shows the following:
- Total Promoter Group Holding Before: 5,76,03,547 shares, representing 45.63% of the total capital.
- Total Shares Transferred in this Transaction: 74,00,000 shares, representing 5.86%.
- Total Promoter Group Holding After: Remains 5,76,03,547 shares, still representing 45.63% of the total capital, confirming the net change in group holding is zero.
Price Declaration
The acquisition price will not exceed the limits stipulated by the proviso to Regulation 10(1)(a). Since the shares are frequently traded, the volume-weighted average market price (VWAP) for the preceding 60 trading days was ₹1075.27. The acquirer confirms that the acquisition price will not be higher by more than 25% of this computed price.
The filing for this transaction was authorized and signed by Ashok Prafulchandra Shah, Director for SCM Commercial Private Limited, on March 23, 2026.
Source: BSE
