Alok Bansidhar Shriram Acquires Shares in DCM Shriram Fine Chemicals Limited
DCM Shriram Fine Chemicals Limited announced that Alok Bansidhar Shriram has acquired shares in the company on March 13, 2026. The acquisition was made in reliance upon exemption provided for under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. A disclosure of the proposed acquisition was previously made and completed within the specified timeline.The shares were transferred from Rudra Shriram, Kanika Shriram, and Karuna Shriram, who acted as sellers. The acquisition involved 9,58,802 shares from Rudra Shriram, 14,56,332 shares from Kanika Shriram, and 41,38,462 shares from Karuna Shriram. The transactions were inter-family gifts among immediate relatives, intended for consolidation of holdings.
The acquisitions represent 1.10% of the diluted share capital from Rudra Shriram, 1.67% from Kanika Shriram, and 4.76% from Karuna Shriram.
The post-transaction shareholding details are as follows:
| Shareholding Details | Pre-Transaction (No. of Shares) | Pre-Transaction (% w.r.t. Total Share Capital) | Post-Transaction (No. of Shares) | Post-Transaction (% w.r.t. Total Share Capital) |
|---|---|---|---|---|
| Alok Bansidhar Shriram | 23,88,944 | 2.75% | 89,42,540 | 10.28% |
| Rudra Shriram | 9,58,802 | 1.10% | 0 | - |
| Kanika Shriram | 14,56,332 | 1.67% | 0 | - |
| Karuna Shriram | 41,38,462 | 4.76% | 0 | - |
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Last edited by a moderator: