Akshay Dhar Acquires Shares in DCM Shriram Fine Chemicals Ltd.
DCM Shriram Fine Chemicals Ltd. announced that Akshay Dhar has acquired shares from Tilak Dhar & Sons on March 30, 2026. The acquisition, amounting to 252,706 shares, represents 0.29% of the company’s share capital.This transaction falls under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, exempting the acquirer from making an open offer. The acquisition is part of a distribution of assets by the HUF and involves a transfer among promoters.
Promoter Shareholding Details
As of March 24, 2026, the promoter shareholding in DCM Shriram Fine Chemicals Ltd. was as follows:
| SHAREHOLDERS | SHAREDHOLDING (Nos.) | SHAREDHOLDING (%age) |
|---|---|---|
| 1 Alok Shriram Karta L. Bansi Dhar & Sons (HUF) | 12,028,267 | 13.83 |
| 2 Mrs. Suman Bansi Dhar | 1,757,160 | 2.02 |
| 3 Mrs. Urvashi Tilakdhar & Family | 8,943,142 | 10.28 |
| - Akshay Dhar-Karta Tilak Dhar & Sons (HUF) | 508,158 | 0.58 |
| - Mrs. Urvashi Tilakdhar | 5,889,611 | 6.77 |
| - Mr. Akshay Dhar | 1,274,060 | 1.46 |
| - Ms. Aditi Dhar | 1,271,313 | 1.46 |
| 4 Mr. Alok B. Shriram & Family | 8,942,540 | 10.28 |
| - Mr. Alok B. Shriram | 2,388,944 | 2.75 |
| - Mrs. Karuna Shriram | 4,138,462 | 4.76 |
| - Ms. Kanika Shriram | 1,456,332 | 1.67 |
| - Mr. Rudra Shriram | 958,802 | 1.10 |
| 5 Mr. Madhav B. Shriram & Family | 8,942,299 | 10.28 |
| - Mr. Madhav B. Shriram | 4,299,224 | 4.94 |
| - Mrs. Divya Shriram | 3,647,854 | 4.19 |
| - Mr. Uday Shriram | 961,628 | 1.11 |
| - Mr. Rohan Shriram | 33,593 | 0.04 |
| 7 Foundation/ Nominee | 2,976,707 | 3.42 |
| - Akshay Foundation | 2,976,389 | 3.42 |
| - Mr. S.K. Jain | 318 | 0.00 |
| GRAND TOTAL | 43,590,115 | 50.11 |
Shareholding Changes
The acquisition will result in the following shareholding changes:
| Shareholding Details | Before the Proposed Transaction | After the Proposed Transaction |
|---|---|---|
| Acquirer(s) and PACs (other than sellers) | 43,337,409 (49.82%) | 43,590,115 (50.11%) |
| Seller(s) | 252,706 (0.29%) | - |
Akshay Dhar, representing the acquirer, has signed the disclosure. The transfer is described as a distribution of assets by the HUF and is considered a transaction among promoters.
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