DCM Shriram Fine Chemicals Ltd. has filed a disclosure under Regulation 10(6) of SEBI Takeover Regulations regarding a significant share acquisition by promoter Alok Bansidhar Shriram. The transaction involved the transfer of shares from immediate family members through an inter-family gift arrangement aimed at consolidating holdings within the promoter group.

Transaction Overview

The share transfer was completed on March 13, 2026, with prior disclosure filed on March 9, 2026. Alok Bansidhar Shriram acquired a total of 65,53,596 shares from three family members through off-market transfers. The acquisition was conducted under the exemption provided by regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Transfer Details

The acquisition involved shares from the following family members:

Shareholding Changes

The transaction resulted in a significant increase in Alok Bansidhar Shriram's stake in the company:

Following the transfer, the three family members who transferred their shares no longer hold any equity stake in DCM Shriram Fine Chemicals Ltd.

Regulatory Compliance

The transaction was structured as an inter-family gift for consolidation of holdings, which qualified for exemption from mandatory open offer requirements. The company maintains listings on both NSE (symbol: DSFCL) and BSE (scrip: 544703). All required disclosures under regulation 10(5) were made within the specified timeline, with the initial disclosure filed on March 9, 2026, four days before the actual transaction date.

The consolidation reflects a strategic move within the promoter family to streamline shareholding structure while maintaining compliance with applicable SEBI regulations for substantial acquisitions.

DCM Shriram International Ltd. has filed a disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, announcing a significant share transfer within the promoter group. The transaction involves promoter Urvashi Tilakdhar acquiring a 2.93% stake from immediate family members through an inter-family gift arrangement scheduled for March 25, 2026.

Transaction Details

The proposed acquisition involves the transfer of 2545373 shares from two family members to Urvashi Tilakdhar. The company, which was recently listed on the exchange on February 17, 2026, has structured the transaction as follows:

The share distribution shows Akshay Dhar transferring 1274060 shares while Aditi Dhar will transfer 1271313 shares to Urvashi Tilakdhar.

Shareholding Impact

The transaction will significantly alter the promoter group's shareholding structure in DCM Shriram International:

Post-transaction, Urvashi Tilakdhar's group will hold 50.11% of the total share capital, representing an increase from the current 47.18% holding.

Regulatory Compliance

The transaction is exempt from making an open offer under Regulation 10(1)(a)(i) of SEBI Takeover Regulations, as it constitutes an inter-se transfer between immediate relatives. Given the company's recent listing status, volume weighted average market price calculations are not applicable. Both transferor and transferee have declared compliance with applicable disclosure requirements under Chapter V of the Takeover Regulations, 2011.

Promoter Group Structure

The detailed promoter shareholding reveals a well-distributed family holding structure post-transaction:

The consolidation move strengthens the promoter group's position while maintaining the family-centric ownership structure that characterizes DCM Shriram International's shareholding pattern.