DCM Shriram Fine Chemicals Limited has filed regulatory disclosures detailing a proposed intra-promoter shareholding transfer scheduled for March 30, 2026. The transaction involves the transfer of 255,452 shares from Tilak Dhar & Sons HUF to Aditi Dhar, representing 0.29% of the company's total share capital.

Transaction Details

The proposed acquisition has been structured to qualify for exemption from mandatory open offer requirements under Regulation 10(1)(a)(ii) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The transfer is being executed at nil consideration as part of an asset distribution by the Hindu Undivided Family (HUF).

Comprehensive Promoter Shareholding Structure

The company has disclosed detailed promoter shareholding patterns across multiple family groups and entities. The promoter group currently maintains a collective holding of 50.11% in the company following the proposed transaction.

Family Group Breakdown

Within the Urvashi Tilakdhar & Family group, the shareholding is distributed among Akshay Dhar-Karta Tilak Dhar & Sons (HUF) with 508,158 shares (0.58%), Mrs. Urvashi Tilakdhar holding 5,889,611 shares (6.77%), Mr. Akshay Dhar with 1,274,060 shares (1.46%), and Ms. Aditi Dhar currently holding 1,271,313 shares (1.46%).

Impact on Shareholding Pattern

The proposed transaction will result in a marginal change in the overall promoter shareholding structure. The collective promoter group holding will increase from 49.82% to 50.11% following the completion of the share transfer.

Corporate Restructuring Background

The current shareholding structure stems from a complex corporate restructuring involving the amalgamation of Lily Commercial Private Limited and subsequent demerger of DCM Shriram Industries Limited. The shares were originally vested in Tilak Dhar & Sons HUF following the amalgamation, where Lily Commercial held 50.11% equity shares in DCM Shriram Industries Limited as a promoter.

Under the NCLT-approved scheme of arrangement, two business undertakings were demerged into DCM Shriram Fine Chemicals Limited and DCM Shriram International Limited, with shareholders receiving proportionate allocations in both subsidiary companies. The current transfer represents a partition of the HUF assets among family members, maintaining the transaction within the promoter group framework.

Regulatory Compliance

Both the transferor and transferee have declared compliance with applicable disclosure requirements under Chapter V of the Takeover Regulations, 2011. The acquirer has confirmed that all conditions specified under Regulation 10(1)(a) regarding exemptions have been duly met, allowing the transaction to proceed without triggering mandatory open offer obligations. The filing notes that the company was recently listed on the exchange on February 17, 2026, making volume-weighted average price calculations not applicable for this transaction.

Madhav Bansidhar Shriram, promoter of DCM Shriram International Limited, has officially filed regulatory disclosures with SEBI following his acquisition of 46,42,640 shares through off-market transfers from immediate family members. The transaction, completed on 19th March 2026, represents a strategic consolidation of holdings within the promoter group under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Official SEBI Disclosure Details

The formal disclosure document reveals comprehensive transaction details and regulatory compliance measures:

Shareholding Transformation

The acquisition resulted in a substantial increase in Madhav Bansidhar Shriram's direct shareholding position:

Family Transfer Structure

The shares were transferred from three immediate family members as inter-family gifts for consolidation purposes:

• Divya Shriram (Wife): 36,47,419 shares
• Uday Shriram (Son): 9,61,628 shares
• Rohan Shriram (Son): 33,593 shares

All transfers were executed as gifts specifically for consolidating holdings under the promoter's direct ownership while maintaining overall family control structure.

Promoter Group Holdings Overview

The official PAC disclosure reveals the complete promoter group structure with total holdings of 4,35,90,115 shares representing 50.11% of DCM Shriram International:

Regulatory Compliance

The transaction was conducted under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the acquirer maintaining full compliance with disclosure requirements. The digitally signed document, filed from New Delhi, confirms adherence to all regulatory protocols for inter-family transfers within promoter groups. This consolidation represents a strategic move to streamline shareholding structure while maintaining the family's collective control in DCM Shriram International Limited.