Promoter Suman Bansi Dhar Initiates Acquisition of Shares in DCM Shriram International Ltd.
Suman Bansi Dhar is undertaking an acquisition of shares in DCM Shriram International Ltd., marking a move related to the distribution of assets by a Hindu Undivided Family (HUF). The transaction, planned for 31.07.2026, involves Suman Bansi Dhar acquiring 3,007,067 shares from Alok Bansidhar Shriram through Lala Bansi Dhar & Sons.The acquisition is intended as part of the distribution of assets by HUF and was conducted at a price of NIL for the specified shares.
Shareholding Update Details
The proposed transaction impacts the shareholding structure of DCM Shriram International Ltd. Key data regarding the pre-acquisition holdings, the transfer details, and post-acquisition percentages are presented below:| Entity | Pre-Acquisition Shares (No.) | Percentage (%) | Post-Acquisition Shares (No.) | Post-Acquisition Percentage (%) |
|---|---|---|---|---|
| Alok Bansidhar Shriram | 2,388,944 | 2.75% | 2,92,94,150 | 33.67% |
| Suman Bansi Dhar | 17,57,160 | 2.02% | 47,64,227 | 5.48% |
| Lola Bansi Dhar & Sons | 1,20,28,267 | 13.83% | N/A | N/A |
The transaction involves the transfer of 90,21,200 shares from Uvashi Tilakdhar and Madhav Bansidhar to Alok B. Shriram. Additionally, Suman Bansi Dhar is acquiring 3,007,067 shares from Lala Bonsi Dhar & Sons (HUF).
The total shareholding of the Acquirer(s) before the proposed transaction stood at 4,35,90,115 shares, amounting to 50.11%. Following the acquisition, the holding remains at 4,35,90,115 shares (50.11%).
Market Reference
The volume weighted average market price for DCM Shriram International Ltd. over a period of 60 trading days preceding the date of issuance was recorded at Rs. 67.62.DCMSIL Stock Price Movement
On Friday, shares of DCM Shriram International Limited shed 1.99% in the market, settling at ₹79.77. The stock saw a trading volume of 13,232 shares during the session.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.
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