• India CSR Awards 2025
  • India CSR Leadership Summit
  • Guest Posts
Monday, October 20, 2025
India CSR
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
India CSR
No Result
View All Result
India CSR Awards
ADVERTISEMENT
Home Corporate Governance

Mehta Family Holds 45% Stake in Deepak Fertilisers

This family dominance fosters quick decisions, aligning with DFPCL's shift from commodities to specialties.

India CSR by India CSR
August 19, 2025
in Corporate Governance
Reading Time: 4 mins read
India CSR
Share Share Share Share
WhatsApp icon
WhatsApp — Join Us
Instant updates & community
Google News icon
Google News — Follow Us
Get our articles in Google News feed

Promoter control propels DFPCL’s “commodity to specialty” pivot, targeting agriculture, mining, and pharma.

NEW DELHI (India CSR): Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL), a key player in India’s chemical and fertiliser sectors, showcases a classic case of promoter-led governance. As of March 31, 2025, promoters hold 45.63% of the equity, signaling strong family influence amid a push for specialty products and expansion projects like the TAN plant in Gopalpur. This concentrated ownership drives strategic agility but raises questions on board autonomy and minority protections. Recent news highlights promoter pledges dipping to 4.86% in June 2025, potentially easing liquidity concerns, yet institutional stakes at 22.06% add checks.

India CSR
Chairman and Managing Director S. C. Mehta – Deepak Fertilisers and Petrochemicals Corporation Ltd.

Promoter Grip: Family at the Helm

DFPCL’s promoters, centered around the Mehta family, command 45.63% stake—unchanged from the prior year. Sailesh C. Mehta, Chairman and Managing Director, and his wife Parul S. Mehta anchor the group. Key holdings include Nova Synthetic Limited (34.53%), Robust Marketing Services Private Limited (8.77%), and Sofotel Infra Private Limited (1.54%). Individual family shares are minimal: Sailesh at 0.00%, Parul at 0.00%, and others like Deepak C. Mehta at 0.70%.

This family dominance fosters quick decisions, aligning with DFPCL’s shift from commodities to specialties. For instance, FY 2024-25 saw record TAN sales of 519 KT, up 3% YoY, fueled by promoter-driven mining focus. Yet, it risks entrenchment. News from Trendlyne notes no change in promoter holding, but pledges signal possible leverage for expansions, sparking investor scrutiny on debt risks amid volatile commodity prices.

Board Independence Under Scrutiny

With 10 directors, DFPCL boasts 70% independents, exceeding SEBI mandates. Promoters occupy two seats: Sailesh (executive) and Parul (non-executive). The rest include one non-independent (M.P. Shinde) and seven independents like Bhuwan Chandra Tripathi and Sujal Anil Shah.

Promoter control influences board dynamics. Sailesh chairs, steering strategy toward nitric acid expansions at Dahej. Independents head key committees—Audit (Shah), Nomination (Tripathi)—ensuring oversight. Yet, concentrated ownership can sway votes. In FY 2024-25, all resolutions passed unanimously, per secretarial audit, but family ties might mute dissent. NSE data shows no governance violations, but Economic Times reports highlight sector-wide concerns on family firms prioritizing long-term vision over short-term gains.

Board CompositionCount% of TotalKey Influence
Promoters220%Strategic direction, expansions
Non-Executive Non-Independent110%Operational advice (e.g., Shinde’s consulting)
Independents770%Oversight on risks, compliance

This setup bolsters resilience, as seen in 3% YoY nitric acid sales growth. Challenges? Potential for “rubber-stamp” boards, per investor forums like Moneycontrol.

Minority Shareholder Rights: Balanced Yet Vulnerable

Public holds 54.37%, split between institutions (22.06%) and non-institutions (32.31%). FIIs dipped to 10.73% from 11.56%, per Trendlyne, while DIIs (including 2.55% insurance) provide stability. Minority rights are safeguarded via SEBI norms: e-voting at AGMs, whistleblower policy, and transparent RPTs (no material conflicts in FY 2024-25).

However, promoter dominance can marginalize minorities. For example, dividend payout was Rs 10/share in May 2025, but family control might favor reinvestments over distributions. BlinkX notes FII increases post-March, signaling confidence, but Kotak Securities flags risks from raw material volatility (e.g., natural gas prices). No violations reported, but past fines (Rs 10,000 each from BSE/NSE in 2021 for disclosure lapses) underscore transparency gaps.

Financial Transparency: Strengths and Shadows

DFPCL’s reports detail RPTs, audited by P.G. Bhagwat LLP with unqualified opinions. Promoter-led decisions enhanced margins: IPA sales up 14% YoY. Yet, concentrated ownership risks opacity in fund use. FY 2024-25 borrowings rose to Rs 42,164 lakhs for projects, per financials. ICRA’s AA- (Positive) rating affirms stability, but family influence might delay disclosures on risks like export bans on TAN.

News value: June 2025 pledges drop eases fears, but Q1 FY26 profits up 106.6% to Rs 244 crore (Economic Times) spotlight growth amid governance watch. Potential violations? None recent, but SEBI’s 2023 ODR push aids dispute resolution.

Long-Term Direction: Growth vs. Risks

Promoter control propels DFPCL’s “commodity to specialty” pivot, targeting agriculture, mining, and pharma. Geographical footprint spans Taloja, Dahej, with Gopalpur TAN plant nearing completion. Performance: Revenue growth, EBITDA margins improved. Challenges: Family dominance may hinder diversification if conflicts arise. Institutional 22.06% stake tempers this, pushing ESG focus—e.g., eco-friendly Pickbrite.

Risks include succession (Sailesh’s 5-year term), commodity swings, and regulatory hurdles. Violations potential low, but 2021 fines warn of lapses. Overall, 45.63% promoter hold drives exceptional trajectory, but balanced governance is key for sustained value.


Ownership Category
% as of March 2025Impact on Performance
Promoters45.63%Drives strategy, but risks entrenchment
FII/FPI10.73%Volatility in holdings affects stock stability
DII (Institutions)11.33% (est., total inst. 22.06%)Enhances scrutiny, long-term focus
Public/Retail32.31%Minority protections vital for confidence

(India CSR)

CSR Leadership Summit
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
India CSR Image 1 India CSR Image 2

CSR, Sustainability, and ESG success stories
India CSR

India CSR

India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

Related Posts

Mehta Family Holds 45% Stake in Deepak Fertilisers
Corporate Governance

Gopinath Sahu, ITI Ltd Independent Director and Odisha BJP Leader, Did Not Attend Any Board Meetings – Corporate Governance

1 day ago
Corporate Governance
Corporate Governance

Steel Grip: Promoter Dominance in BMW Industries’ Ownership Landscape

2 months ago
Welspun Living Achieves Highest ESG Rating in Textile, Apparels & Luxury goods Category in 2023
Corporate Governance

Promoter Dominance: Goenka Family Controls 66.24% of Welspun Living

2 months ago
Jindal Steel Limited
Corporate Governance

Promoter Power vs. Public Stake: The Jindal Steel Equation

2 months ago
Welspun Living Achieves Highest ESG Rating in Textile, Apparels & Luxury goods Category in 2023
Corporate Governance

Welspun Living: Unpacking the Shareholding Pattern

2 months ago
India csr news
Corporate Governance

Meera Industries: A Journey Forged in Innovation, Precision, and Responsible Growth

2 months ago
Load More
16th CSR Leadership Summit 2025
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT

LATEST NEWS

India Becomes an “Oasis for Investments”: Piyush Goyal, Union Minister

J&K Bank Donates Critical Care Ambulance to SKIMS Under CSR Initiative

Congress Slams Growing Foreign Takeovers in Indian Banking Sector, Calls Move “Imprudent” and “Risky”

Panyam Cements Reports No CSR Activity in FY 2024–25, CSR Committee Formed but Inactive

India to Develope CSR Framework for Coal Companies

CSR – Global Frameworks: SDGs and the UN Global Compact

Ad 1 Ad 2 Ad 3
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT

TOP NEWS

Emirates NBD to Acquire Majority Stake in RBL Bank in Historic $3 Billion (~Rs. 26,850 Cr) FDI Deal

CSR: Hyundai Plants 5 Lakh Trees in Pune Under IONIQ Forest Initiative

18 Highlights from PM Modi’s NDTV World Summit 2025 Speech Every CSR and Social Leader Must Know

CSR: ICICI Bank Pledges ₹625 Crore for New Cancer Care Building at Tata Memorial Centre, Navi Mumbai

Diwali 2025 Calendar: Five Glorious Days of Lights, Festivity, and Devotion

Six Categories of Activities That Do Not Qualify as Corporate Social Responsibility (CSR)

Load More
STEM Learning STEM Learning STEM Learning
ADVERTISEMENT

Interviews

Smita Jatia Chairperson RMHC-India. Image: India CSR
Interviews

Smita Jatia Interview: Inside Ronald McDonald House India’s Compassionate CSR

by India CSR
October 14, 2025

How Ronald McDonald House India Is Transforming CSR from Cheque-Writing to Lasting Compassionate Impact.

Read moreDetails
Ankit Mathur, Co-founder and CEO of Greenway Grameen Infra

Empowering Rural Women in India: An Exclusive Interview with Ankit Mathur, Co-founder and CEO of Greenway Grameen Infra

September 22, 2025
Ashish Aggarwal, Chief Administrative Officer and Head of Corporate Responsibility at Cummins India

Driving CSR Impact in India: An Interview with Ashish Aggarwal, Head of Corporate Responsibility, Cummins India

September 18, 2025
Rajani Jalan, Director, CSR & People Relations, mPokket

Driving Impactful CSR at mPokket: An Interview with Rajani Jalan, Director, CSR & People Relations, mPokket

September 16, 2025
Load More
Facebook Twitter Youtube LinkedIn Instagram
India CSR Logo

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium services, we invite you to partner with us.

Follow us on social media:


Dear Valued Reader

India CSR is a free media platform that provides up-to-date information on CSR, Sustainability, ESG, and SDGs. We need reader support to continue delivering honest news. Donations of any amount are appreciated.

Help save India CSR.

Donate Now

Donate at India CSR

  • About India CSR
  • Team
  • India CSR Awards 2025
  • India CSR Leadership Summit
  • Partnership
  • Guest Posts
  • Services
  • ESG Professional Network
  • Content Writing Services
  • Business Information
  • Contact
  • Privacy Policy
  • Terms of Use
  • Donate

Copyright © 2025 - India CSR | All Rights Reserved

No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers

Copyright © 2025 - India CSR | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.