DCM Shriram Fine Chemicals Ltd. Announces Share Acquisition
DCM Shriram Fine Chemicals Ltd. announced a change in shareholding on March 20, 2026. Madhav Bansidhar Shriram acquired shares from Rohan Shriram, Uday Shriram, and Divya Shriram.According to a filing, Madhav Bansidhar Shriram’s shareholding increased from 4.94% to 10.28%, representing 89,41,864 shares. The acquisition was made through an off-market transfer.
The transactions occurred on March 13, 2026, and March 19, 2026. Shares were transferred from Rohan Shriram (33,593 shares), Uday Shriram (9,61,628 shares), and Divya Shriram (36,47,419 shares). The acquisition was classified as an Inter-Family Gift.
The transactions were conducted in reliance upon exemption provided for in Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Disclosure of the proposed acquisition was previously made under regulation 10(5).
Here’s a summary of the shareholding details:
| Shareholder | Pre-Transaction Shares | Pre-Transaction % | Post-Transaction Shares | Post-Transaction % |
|---|---|---|---|---|
| Madhav Bansidhar Shriram | 42,99,224 | 4.94% | 89,41,864 | 10.28% |
| Rohan Shriram | 33,593 | 0.04% | - | - |
| Uday Shriram | 9,61,628 | 1.11% | - | - |
| Divya Shriram | 36,47,419 | 4.19% | - | - |
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.