The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madhav Shriram
DCMSIL · price
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Mrs. Divya Shriram, a member of the promoter/promoter group and part of the Madhav B. Shriram & Family PAC, has sold 3,647,419 equity shares (4.19% of voting capital) of DCM Shriram International Ltd through an off-market transaction on 19 March 2026. Her holding in the company has dropped from 4.19% (3,647,854 shares) to a negligible 0.00% (435 shares). The promoter group's overall holding remains at 50.11% (43,590,115 shares) of the company, indicating the shares were likely transferred within the promoter family rather than to an outside party. The transaction is reported under Regulation 29(2) of the SEBI Takeover Regulations, 2011.
This appears to be an internal promoter-family reshuffle rather than a promoter stake reduction, as the collective promoter holding of 50.11% is unchanged. Retail investors should note the transfer but are unlikely to see a material impact on stock price or promoter control, since no outsider is acquiring the shares and voting rights remain within the promoter group.