The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yuv Bharat Ram & Rahil Ram
DCM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
DCM Limited promoters Yuv Bharat Ram and Rahil Bharat Ram (sons of existing promoter Sumant Bharat Ram) have each acquired 6,30,000 shares (3.37% each) by way of gift without consideration. Combined promoter holding has increased from 20.06% to 26.80%. Before the acquisition, each held 10.03% (18,72,575 and 18,72,627 shares respectively). After the acquisition, each holds 13.40% (25,02,575 and 25,02,627 shares). The total shares transferred amount to 12,60,000 (6.74% of total capital). No encumbrances remain on these shares after acquisition.
This is a positive signal for existing shareholders as promoters are consolidating their stake in the company through an intra-family transfer. The combined holding crossing 25% brings them closer to the creeping acquisition threshold, which could signal future intentions.