The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Alok Bansidhar Shriram
DSFCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter-group member Alok Bansidhar Shriram has disclosed a sale of 14,56,332 equity shares, equal to 1.67% of the company's paid-up capital, via an off-market transaction dated March 13, 2026. Before the sale, his personal holding stood at 14,56,332 shares (1.67%); after the sale, his holding is nil. The total share capital of the company remains unchanged at 8,69,92,185 shares. The promoter group's aggregate holding continues at 50.11% (4,35,90,115 shares), comfortably above the 50% control threshold. The share count matches Ms. Kanika Shriram's stake in the promoter family table, and the disclosure is signed by her, indicating an inter-family restructuring within the promoter group rather than a market-driven exit.
Minimal market impact expected — the promoter group retains majority control at over 50% and the sale is off-market, suggesting an internal family reshuffle rather than a promoter losing conviction. Shareholders should see this as a routine intra-promoter reorganisation with no change in control or strategic direction.