Alok Bansidhar Shriram has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
DCMSRIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Alok Bansidhar Shriram is set to acquire 65,53,596 shares (7.53% of share capital) of DCM Shriram Industries from his immediate family members — wife Karuna Shriram (41,38,462 shares), daughter Kanika Shriram (14,56,332 shares), and son Rudra Shriram (9,58,802 shares) — on March 13, 2026. The transaction is an inter-family gift at NIL consideration, aimed at consolidating the promoter's holding. The acquisition is exempt from making an open offer under Regulation 10(1)(a)(i) as it is an inter-se transfer between immediate relatives. Post-transaction, Alok Bansidhar Shriram's holding will rise from 42.58% to 50.11% of the company's share capital, crossing the 50% mark.
This is a non-cash, internal family restructuring with no dilution or fresh capital impact. The promoter's direct holding crosses 50%, which may strengthen his control and signal long-term family commitment, but the share price is unlikely to move materially since no market value changes hands.