Deepak Fertilizers and Petrochemicals Corporation Limited Transfers Shares to Transferees, Implements Lock-in Period
Deepak Fertilizers and Petrochemicals Corporation Limited announced the transfer of equity shares to Mr. Mihir Mukeshchandra Shah, Mr. Mukesh Vinod Chandra Shah, and Ms. Bhavana Mukesh Shah (Transferees) following a request received jointly by the individuals. The transfer was facilitated after a 30-day period with no legitimate claims received.An entitlement letter has been issued to the Transferees, allowing them to claim dividends and shares previously transferred to the Investor Education and Protection Fund (IEPF).
As per SEBI Circular SEBI/HO/MIRSD/DOS3/CIR/P/2018/139 dated November 6, 2018, the released shares will be subject to a six-month lock-in period. The company published a public notice regarding the share transfer in Financial Express and Loksatta on January 10, 2026.
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