The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madhav Bansidhar Shriram & Others
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On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.5 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Divya Shriram, part of the promoter group (PAC with Madhav Bansidhar Shriram), has sold her entire holding of 36,47,854 shares (4.19%) in DCM Shriram Fine Chemicals through an off-market transaction dated 13 March 2026. Before the sale, she held 4.19% of the company; after the sale, her individual holding is zero. The total equity share capital remains 8.69 crore shares. The promoter group's combined holding stays at 50.11%, indicating this is likely an inter-se transfer within the promoter family rather than a reduction in overall promoter ownership.
No negative impact on promoter control — the total promoter group holding remains unchanged at 50.11%, suggesting a reshuffling of shares among family members. Retail investors should not read this as promoter exiting the company.