NSEAction(s) taken or orders passed1 Oct 2026 · 1 Oct 2026, 04:49 pm

Action(s) taken or orders passed

Deepak Fertilizers and Petrochemicals Corporation Limited · DEEPAKFERT

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Deepak Fertilizers and Petrochemicals Corporation Limited has received an administrative warning and advisory letter from the Securities and Exchange Board of India (SEBI) for non-disclosure of investments in and guarantees to wholly owned subsidiaries and non-disclosure of Income-tax Act litigations exceeding materiality thresholds. The company has stated that the requisite action has been taken at an appropriate forum and that the matters pertain to FY 2018-19 to 2021-22, with no material impact on the financials, operations, or other activities of the company.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern6/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment4/10

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Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange about Action(s) taken or orders passed

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DEEPAKFERT_01102026164812_Intimation_of_SEBI_Warning_Letter.pdf

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1st October, 2026 The Secretary Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE Code: 500645 NSE Code: DEEPAKFERT Dear Sir/ Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to the provisions of Regulation 30 read with sub-para 20, Para A, Part A, Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 (Listing Regulations), we hereby submit the disclosure regarding receipt of administrative warning and advisory letter from the Securities and Exchange Board of India. The details, as required pursuant to Para A of Part A of Schedule III read with SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, are given below: Sr. No. Particulars Details 1. Name of the authority Deputy General Manager, Corporation Finance Department, Division of Supervision, Enforcement and Complaints – 5, Securities and Exchange Board of India. 2. Nature and details of Administrative warning and advisory letter bearing the action(s) taken, reference no. HO/49/13/11 (509)2026-CFD-SECS- initiated or order(s) I/22708/2026 dated 30th September, 2026. passed 3. Date of receipt of Email received on 30th September, 2026 around direction or order, 3:15 p.m. including any ad- interim or interim orders, or any other communication from the authority 4. Details of the a) Non-disclosure of investments in and guarantees violation(s)/contravent to wholly owned subsidiaries, in violation of ion(s) committed or Regulation 30(2) read with sub-paragraph 1 of Para alleged to be A, Part A of Schedule III of the Listing Regulations. committed; (As per the Company, the investments made and guarantees were given by the Company on behalf of its subsidiary with respect to the loan availed by them which were considered for consolidation in accounts. Since the guarantees were not given for any third party, there was no requirement to intimate the same to the Stock Exchanges under Listing Regulations. The details pertaining to investment were given in the respective Annual Reports but missed specific disclosure to stock exchanges. b) Non-disclosure of Income-tax Act litigations exceeding the materiality thresholds, in violation of Regulation 30(1) read with sub-paragraph 8 of Para B, Part A of Schedule III of the Listing Regulations. (As per the Company, none of the dues were material as per the then provisions of Regulation 30 of the Listing Regulations. Moreover, the details of Income-tax Act litigations on account of disputes were also provided in Annexure to the Auditors report for the respective year, which formed part of the Annual Report circulated to the Shareholders.) 5. Impact on financial, The matters referred to in the administrative operation or other warning and advisory pertains to FY 2018-19 to activities of the listed 2021-22. The Company is currently examining the entity, quantifiable in observations and the underlying details and will monetary terms to the undertake appropriate corrective measures, extent possible wherever necessary. The same has no material impact on the financials, operations or other activities of the Company as the requisite action has been taken at appropriate forum in this regard. 6. Reason for Delay The Company undertook an internal review of the issues raised in the communication and required time to verify the relevant facts, collate supporting documents, and ascertain the complete factual position before making a disclosure. The above information will also be made available on the website of the Company at www.dfpcl.com. Kindly take the above on your record. Thanking you, Yours faithfully, For Deepak Fertilisers And Petrochemicals Corporation Limited Subhash Anand President & Chief Financial Officer ~ irrnft11 trfchJ.fil" ~ fitf.!t1J11 'il)-i ~ Securities and Exchange Board of India "3)Q l-1$1!.lciitfcf)" DEPUTY GENERAL MANAGER frr1111 fcru fcfirrrr CORPORATION FINANCE DEPARTMENT ~&l'Uf, ~ ~ P{1cf,1l1cir~iij9.ft ~'l-ffff - 5 DIVISION OF SUPERVISION, ENFORCEMENT AND COMPLAINTS - 5 HO/49/13/11(509)2026-CFD-SECS•l/22708/2026 September 30, 2026 Deepak Fertilisers and Petrochemical Corporation Limited, Sai Hira, Survey No. 93, Mundhwa, Pune - 411 036. Sir, Kind Attention: Mr. Rabindra Kumar Purohit, Company Secretary and Compliance Officer Sub: Administrative Warning - Violation of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ("LODR Regulationsn) in the matter of Deepak Fertilisers and Petrochemical Corporation Limited 1. This is reference to the examination conducted by SEBI. In this regard, it is observed that the Deepak Fertilisers and Petrochemical Corporation Limited is in violation of following: a) Failure to make disclosure of investments and guarantees provided to their wholly owned subsidiaries thereby violating Regulation 30(2) of SEBI (LODR) Regulations, 2015 read with sub-para 01 of Para A, Part A of Schedule Ill of the SEBI (LODR) Regulations, 2015. b) Non-disclosure of tax litigations under Income Tax Act, which were beyond materiality threshold limits thereby violating Regulation 30(1) of SEBI (LODR) Regulations, 2015 read with sub-para 8 of Para B, Part A of Schedule Ill of the SEBI (LODR) Regulations, 2015. 2. The above non-compliances has been viewed seriously. Accordingly, the company and its Board of Directors are hereby warned and advised to be careful in future to avoid recurrences of such lapses. Any repetition of the such violation in future will be viewed seriously and appropriate enforcement action would be initiated in accordance with the provisions of the SEBI Act, 1992, the Rules, the Regulations or Circulars issued thereunder. ™· "~" -mft ~ mm-gii'ilf cf>jzjcffi. ~ - goo ot,_~ SEBI Bhavan, #G" Block, Bandra Kurla Complex, Mumbai - 400 051 www.sebi.gov.in 022 - 2644 9000 / 4045 9000 wr.3 I ,-rr1rftlJ' vfct,ifct .m1 fctf.tln:r ift'i ~: ~ Securities and Exchange Board of India Continuation: 3. You are also advised to place this communication before your board of directors in the upcoming board meeting and forward their comments to SEBI, as to whether they are satisfied with the corrective steps taken in ensuring future compliance. 4. You are also advised, to disclose the instant administrative warning letter to the stock exchange under Regulation 30 of the SEBI (LODR) Regulations, 2015. Yours faithfully, Vif arekh