The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
DCMSRIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
DCM Shriram Industries promoter Alok Bansidhar Shriram is set to acquire 65,53,596 shares (7.53% of share capital) from his wife Karuna Shriram, daughter Kanika Shriram, and son Rudra Shriram on 13 March 2026. The transfer is a gift with NIL consideration, made for the purpose of consolidating family holding. The transaction is exempt from the open offer requirement under Regulation 10(1)(a)(i) of SEBI Takeover Regulations as it is an inter-se transfer between immediate relatives. Post-acquisition, Alok Shriram's individual holding rises from 42.58% to 50.11%, crossing the 50% threshold, while total promoter group holding remains unchanged at 50.11%.
This is a non-cash internal restructuring within the promoter family with no impact on total promoter ownership or the share price. The VWAP reference price for the 60-day period is Rs. 40.70, which gives a notional value of about Rs. 26.7 crore for the gifted shares, though no actual money changes hands.