Alok Bansidhar Shriram has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011
DSFCL · price
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Alok Bansidhar Shriram has acquired approximately 65.54 lakh shares (~7.53% of diluted share capital) of DCM Shriram Fine Chemicals from three family members — Rudra Shriram (9,58,802 shares, 1.10%), Kanika Shriram (14,56,332 shares, 1.67%), and Karuna Shriram (41,38,462 shares, 4.76%) on March 13, 2026. The transfer is an inter-family gift among immediate relatives, done for consolidation of promoter family holdings, and is exempt from the open offer requirement under Regulation 10(1)(a)(i). As a result, Alok Bansidhar Shriram's stake in the company rises from 2.75% (23,88,944 shares) to 10.28% (89,42,540 shares). No consideration changed hands as it was a gift transfer.
This is a non-market, internal promoter family reorganization with no cash outflow and no open offer obligation, so there is no direct impact on the stock price. It signals continued consolidation of promoter ownership within the Shriram family.