DCM Shriram Industries has disclosed a significant shareholding change involving Urvashi Tilakdhar, a Person Acting in Concert (PAC) with the company's promoter group. The transaction represents a complete divestment of Tilakdhar's stake in the chemical and fertilizer manufacturer.

Transaction Details

The share sale involved a complete disposal of Tilakdhar's holdings in the company through an off-market transaction executed on March 30, 2026.

Pre and Post Transaction Holdings

The disclosure reveals the complete transformation of Tilakdhar's shareholding position in the company.

Company Capital Structure

DCM Shriram Industries' equity share capital remained unchanged following this transaction, maintaining its total at 86,992,185 shares. The company's shares are listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Promoter Group Structure

The disclosure also provides insights into the broader promoter group holdings, with the Tilakdhar & Sons entity being part of a larger promoter consortium. The transaction was signed by Ashay Dhar representing Tilak Dhar & Sons, indicating the organized nature of the promoter group's shareholding structure.

Regulatory Compliance

This disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates reporting of significant changes in shareholding patterns by promoters and persons acting in concert with them.

DCM Shriram Industries Limited has filed a regulatory disclosure under SEBI Takeover Regulations regarding a significant share acquisition by promoter group member Urvashi Tilakdhar. The transaction represents a substantial increase in her individual shareholding through an inter-family gift transfer mechanism.

Share Acquisition Transaction Details

The disclosure reveals that Urvashi Tilakdhar executed an off-market acquisition of shares on March 25, 2026, through an inter-family gift transfer from her immediate relatives. The transaction details are presented below:

Transfer Source and Recipients

The regulatory filing under Regulation 10(6) of SEBI Takeover Regulations reveals that the shares were transferred from two family members as an inter-family consolidation strategy:

The transfer was executed as a gift by immediate relatives for consolidation of holding within the family group.

Pre and Post Transaction Holdings

The regulatory filing provides a comprehensive view of shareholding changes before and after the transaction:

Regulatory Compliance and Exemptions

This transaction was conducted under the exemption provided in Regulation 10(1)(a)(i) of SEBI Takeover Regulations, which allows inter-family transfers without triggering open offer requirements. The company filed the required disclosure under Regulation 10(5) on March 18, 2026, prior to the transaction date, ensuring full regulatory compliance.

Promoter Group Structure

The disclosure confirms that the promoter group maintains significant control with collective holdings representing 50.11% of the total equity share capital. The company's shares are listed on both NSE (Symbol: DCMSRIND) and BSE (Scrip: 523369), with the ISIN code INE843D01027 ensuring transparency in shareholding changes for all stakeholders.