Yuv Bharat Ram, Rahil Bharat Ram has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
DCM · price
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Yuv Bharat Ram and Rahil Bharat Ram (sons) will each acquire 6,30,000 shares of DCM Limited from their father and Promoter/Director Sumant Bharat Ram. The total transfer is 12,60,000 shares representing approximately 6.74% of the company's total share capital. The transaction is being done as a gift with no monetary consideration. After the transfer, Yuv Bharat Ram's holding will increase from 10.03% to 13.40%, while Rahil Bharat Ram's holding will also increase to 13.40%. Sumant Bharat Ram's stake will decrease from 28.95% to 22.20%. This qualifies as an inter-se transfer between qualifying persons under Regulation 10(1)(a) and is exempt from open offer requirements.
This is an intra-family redistribution of promoter holdings with no impact on the company's operations or financials. Combined, the two sons will hold approximately 26.80% post-transaction, which is still below the 30% threshold that would trigger open offer obligations.