Suman Bansi Dhar to acquire 3.46% stake via HUF asset distribution
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DCM Shriram Industries promoter Suman Bansi Dhar will acquire 30,07,067 shares (3.46%) from Lala Bansi Dhar and Sons HUF as part of HUF asset distribution. Price is Rs 40.67 per share. The Karta Alok Bansidhar Shriram is the seller. Deal exempt from open offer under SEBI takeover rules. Total promoter group holding stays at 50.11%.
Internal promoter family reshuffle from HUF dissolution. No change in overall promoter control or free float expected.