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.

DCM Shriram Industries Ltd. has disclosed the completion of a share sale transaction by promoter Rudra Shriram, who sold his entire individual holding of 1.10% stake in the company through an off-market transfer. The transaction was completed on March 13, 2026, as per the regulatory disclosure filed under SEBI Takeover Regulations.

Transaction Details

The sale involved the transfer of 958,802 shares, representing 1.10% of the company's total share capital. The transaction was executed through an off-market transfer mechanism:

Shareholding Pattern Changes

The sale has resulted in significant changes to Rudra Shriram's individual shareholding in the company:

Post-transaction, Rudra Shriram's individual holding has been reduced from 1.10% to zero, though he continues to be part of the promoter group structure through family entities.

Promoter Group Holdings

The disclosure reveals the comprehensive promoter group structure and their collective holdings in DCM Shriram Industries:

Within the Alok B. Shriram & Family category, the individual holdings include Mrs. Karuna Shriram (4.76%), Mr. Alok B. Shriram (2.75%), Ms. Kanika Shriram (1.67%), and Mr. Rudra Shriram (0.00% post-sale).

Regulatory Compliance

The transaction has been conducted in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed under Regulation 29(2), which mandates reporting of substantial disposals. The seller belongs to the promoter group, and the company's shares are listed on both NSE and BSE exchanges.

The sale represents an internal restructuring within the promoter group, with the collective promoter holding maintaining a majority stake of 50.11% in the company. The transaction did not involve any encumbrances, voting rights other than shares, or convertible securities. The disclosure was signed by Rudra Shriram on behalf of the seller and dated March 16, 2026.