The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madhav Bansidhar Shriram
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Madhav Bansidhar Shriram, part of the promoter group of DCM Shriram Fine Chemicals Ltd, has acquired 46,42,640 equity shares (5.34% of the company's share capital) through an off-market deal dated 19 March 2026. This takes his personal holding from 4.94% (42,99,224 shares) to 10.28% (89,41,864 shares), more than doubling his stake. The acquisition was an inter-se transfer within the promoter family, as the 'Mr. Madhav B. Shriram & Family' PAC bucket already collectively held 10.28% (89,42,299 shares) before this transaction. The overall promoter and PAC group holding stands at 50.11% of the company, largely unchanged.
No change in overall promoter group control since the shares appear to have been transferred from other family members to Madhav personally. Shareholders should note that promoter family holdings are being consolidated in one member's name, which is typically a neutral event with no impact on stock price.