The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madhav Shriram
DSFCL · price
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Madhav Bansidhar Shriram, a promoter of DCM Shriram Fine Chemicals Ltd, increased his individual shareholding from 4.94% (42,99,224 shares) to 10.28% (89,41,864 shares) through an off-market inter-family gift transfer. He received a total of 46,42,640 shares (5.34% of the company) from his wife Divya Shriram (36,47,419 shares, 4.19%), son Uday Shriram (9,61,628 shares, 1.11%), and son Rohan Shriram (33,593 shares, 0.04%). The transaction is exempt from an open offer under Regulation 10(1)(a)(i) of SEBI Takeover Regulations as it is an inter-family gift aimed at consolidating promoter holdings, with no cash consideration involved. The transfer completed on 13 March 2026 and 19 March 2026.
This is a reshuffling within the promoter family and does not change the total promoter group shareholding in the company. No open offer is triggered, no new shares enter the market, and there is no direct impact on the stock price.