The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yuv Bharat Ram & Rahil Bharat Ram
DCM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Yuv Bharat Ram and Rahil Bharat Ram, sons of Sumant Bharat Ram (Promoter & Director), each acquired 6,30,000 equity shares of DCM Ltd from their father via gift (no consideration). The total transfer was 12,60,000 shares representing approximately 6.75% of the company's total share capital. The transfer qualifies as an inter-se transfer between qualifying persons under Regulation 10(1)(a)(i)/(ii) of SEBI SAST Regulations, 2011, exempting it from an open offer obligation. Post-transaction, each acquirer's holding rose from ~10.03% to ~13.40%, while Sumant Bharat Ram's stake reduced from ~28.95% to ~22.20%.
This is a family-level reallocation of promoter shares with no cash consideration and no change in aggregate promoter holding, so it is largely neutral for minority shareholders in terms of control and valuation.