DCM Shriram Fine Chemicals: Promoter Divya Shriram Exits Complete 4.19% Stake
Divya Shriram has completely divested her 4.19% shareholding in DCM Shriram Fine Chemicals through an off-market sale of 3,647,854 shares. The transaction, disclosed under SEBI regulations, represents a complete exit from her individual holding while the broader promoter group continues to maintain significant control with 50.11% collective ownership across various family entities and trusts.

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Divya Shriram, a promoter group member of DCM Shriram Fine Chemicals 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 Fine Chemicals. The following table summarizes the key transaction parameters:
| Parameter: | Details |
|---|---|
| Shares Sold: | 3,647,854 |
| Percentage of Total Capital: | 4.19% |
| Transaction Mode: | Off-Market |
| Transaction Date: | March 13, 2026 |
| Total Company Share Capital: | 86,992,185 |
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:
| Holding Period: | Number of Shares | Percentage |
|---|---|---|
| Before Sale: | 3,647,854 | 4.19% |
| After Sale: | 0 | 0.00% |
Promoter Group Structure
Despite this divestment, the promoter group maintains significant control in DCM Shriram Fine Chemicals with a collective holding of 50.11% through various family members and entities. The promoter group structure includes multiple branches of the Shriram family:
| Promoter Group: | Shares Held | Percentage |
|---|---|---|
| Alok Shriram Karta L. Bansi Dhar & Sons (HUF): | 12,028,267 | 13.83% |
| Mrs. Urvashi Tilakdhar & Family: | 8,943,142 | 10.28% |
| Mr. Alok B. Shriram & Family: | 8,942,540 | 10.28% |
| Mr. Madhav B. Shriram & Family: | 8,942,299 | 10.28% |
| Foundation/Nominee: | 2,976,707 | 3.42% |
| Mrs. Suman Bansi Dhar: | 1,757,160 | 2.02% |
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 Fine Chemicals' 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 17, 2026, in New Delhi.

























