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.
Promoters Yuv Bharat Ram and Rahil Bharat Ram (sons of Promoter/Director Sumant Bharat Ram) each acquired 6,30,000 equity shares of DCM Ltd by way of gift from their father, without any consideration. The acquisition was executed as an inter-se transfer amongst qualifying persons under SEBI Takeover Regulations. Combined pre-acquisition holding was 37,45,202 shares (20.06%). After the acquisition, their combined holding rose to 50,05,202 shares (26.80%), with each brother now holding approximately 13.40% of the company. No open market purchase or public issue was involved.
Promoter holding has increased from ~20% to ~27%, signalling promoter confidence in the company. The gift transfer between family members does not involve cash outflow and is likely a succession planning exercise within the Ram family. No immediate open offer trigger as the transfer falls under exemption categories.