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.

Divya Shriram, a promoter group member of DCM Shriram International Ltd., has executed a complete divestment of her shareholding in the company through an off-market transaction. The disclosure, filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals the sale of her entire stake in the diversified chemicals company.

Transaction Details

The divestment involved the complete sale of Divya Shriram's shareholding in DCM Shriram International. The following table summarizes the key transaction parameters:

Shareholding Changes

The transaction represents a complete exit by Divya Shriram from her direct shareholding in the company. Her holding position before and after the transaction shows:

Promoter Group Structure

Despite this divestment, the promoter group maintains significant control in DCM Shriram International with a collective holding of 50.11% through various family members and entities. The promoter group structure includes multiple branches of the Shriram family:

Notably, while Divya Shriram has divested her individual holding, the broader Madhav B. Shriram & Family group continues to hold 10.28% of the company through other family members including Mr. Madhav B. Shriram (4.94%), Mr. Uday Shriram (1.11%), and Mr. Rohan Shriram (0.04%).

Regulatory Compliance

The transaction has been properly disclosed in accordance with SEBI regulations governing substantial acquisitions and takeovers. DCM Shriram International's shares are listed on both NSE and BSE exchanges. The company's total equity share capital remains unchanged at 86,992,185 shares following this transaction, indicating no impact on the overall capital structure. The disclosure was signed by Divya Shriram on March 19, 2026, in New Delhi.