DCM Shriram Industries has disclosed a substantial acquisition of shares by Urvashi Tilakdhar under SEBI Takeover Regulations. The transaction involved the acquisition of 508,158 shares representing 0.58% of the company's diluted share capital through an off-market transfer completed on 30/03/2026.

Transaction Details

The share acquisition was executed as part of a distribution of assets through partition of Hindu Undivided Family (HUF). The transaction was structured as an off-market transfer from the seller, Tilak Dhar & Sons, to the acquirer Urvashi Tilakdhar.

Shareholding Changes

The acquisition resulted in a significant change in Urvashi Tilakdhar's shareholding pattern in the company. Her total stake increased from 9.70% to 10.28% following the completion of this transaction.

Regulatory Compliance

The acquisition was made under the exemption provided in Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer was therefore exempted from making an open offer to other shareholders.

The company filed the required disclosure under Regulation 10(5) with the stock exchanges on 21/03/2026, ahead of the actual acquisition date. The shares of DCM Shriram Industries are listed on both NSE and BSE.

Acquirer Information

Urvashi Tilakdhar, holding PAN number AAHPD8762D, is based at 27, Sardar Patel Marg, New Delhi - 110021. The acquisition strengthens her position as a significant shareholder in the company, with her holding now exceeding the 10% threshold that typically triggers enhanced disclosure requirements.

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.