Robust Marketing Services Private Limited Sells 5.86% Stake in Deepak Fertilisers & Petrochemicals
Robust Marketing Services Private Limited has sold a substantial stake in Deepak Fertilisers & Petrochemicals Corporation Limited. The sale involved the transfer of 74,00,000 equity shares of the company, representing 5.86% of the total diluted capital.The transaction occurred via an inter se transfer among promoters.
Deepak Fertilisers & Petrochemicals Corporation Ltd., with the BSE Code 500645 and NSE Code DEEPAKFERT, was the target company involved in the share disposal. Robust Marketing Services Private Limited, identified as the seller, belongs to the promoter group of the corporation.
The details of the shareholding structure before and after the sale are as follows:
| Holding Category | Before Disposal | After Disposal |
|---|---|---|
| Shares Carrying Voting Rights | 1,10,67,301 | 36,67,301 |
| Percentage Holding | 8.77% | 2.91% |
The sale transaction details are summarized in the table below:
| Metric | Details |
|---|---|
| Total Shares Sold | 74,00,000 |
| Percentage Sold | 5.86% |
| Mode of Sale | Off Market Inter se transfer |
| Date of Sale | April 22, 2026 |
Before the acquisition, Robust Marketing Services Private Limited held 1,10,67,301 shares, translating to an 8.77% stake in Deepak Fertilisers & Petrochemicals Corporation Limited. Following the disposal of 74,00,000 shares, the seller's total holding of shares carrying voting rights stood at 36,67,301, representing a 2.91% stake.
The total diluted share/voting capital of the target company remained unchanged at 12,62,37,825 Equity Shares of Rs. 10 each, both before and after the disposal.
DEEPAKFERT Stock Price Movement
As of 10:33 AM, shares of Deepak Fertilizers and Petrochemicals Corporation Limited are slipping by 1.77% in live trading, currently at ₹1231.2. The stock is moving on a robust volume of 110,080 shares, reflecting ongoing intraday selling pressure.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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