NSEDisclosure under SEBI Takeover Regulations1 Oct 2026 · 1 Oct 2026, 12:21 pm
Disclosure under SEBI Takeover Regulations
DCM Shriram Fine Chemicals Limited · DSFCL
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Alok Bansidhar Shriram has submitted a disclosure under SEBI Takeover Regulations for acquiring 30.94% of DCM Shriram Fine Chemicals Limited from Urvashi Tilakdhar, citing an inter-family gift.
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Full Announcement
Alok Bansidhar Shriram 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.
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October 01, 2026
To, To, _
BSE Ltd. National Stock Exchange of India Ltd
Pheroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C-1,
Dalal Street, Fort, G Block, Bandra Kurla Complex, Bandra
Mumbai-40000T (E) Mumbai- 400 051
Scrip Code: 544703 Symbol: DSFCL
Sub: Submission of Disclosure under Regulation 10 (5) of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011
Sir/Madam,
Please find enclosed the pre-transaction report in the prescribed format under
Regulation 10 (5) of the SEBI (SAST) Regulations, 20T1.
This disclosure is being submitted in respect of the acquisition of 2,69,06,206
equity shares (30.94%) of DCM Shriram Fine Chemicals Limited by the
undersigned. The acquisition is scheduled to be executed on October 09, 2026,
by way of an off-market inter-se transfer among promoters and immediate
relatives.
We request you to kindly take the enclosed disclosure on your records.
Thanking you,
Yours faithfully,
Alok Bansidhar Shriram
Acquirer/ Promoter
Disclosures under Regulation 10(5) — Intimation to Stock Exchanges in respect of acquisition
under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2071
1. Name of the Target Company |DCM Shriram Fine Chemicals Limited
(TO)
BSE Scrip:544703
NSE Symbol: DSFCL
2. Name of the acquirer(s) Mr. Alok Bansidhar Shriram
3. Whether the acquirer(s) is/ are |Yes
promoters of the TC prior to the
transaction. If not, nature of
relationship or association with
the TC or its Promoters
4. Details of the proposed
acguisition
a. | Name of the person(s) from | Mrs. Urvashi Tilakdhar
whom shares are to be
acquired
b. | Proposed date of | October 9, 2026
acquisition
c. | Number of shares to be | 2,69,06,206 (30.94%) equity shares of face]
acquired from each person | value Rs. 2 each held by Mrs. Urvashi Tilakdhar
mentioned in 4{a) above
d. | Total shares to be acquired | 30.94%
as % of share capital of TC
e. Price at which shares are | NIL
proposed to be acquired
. Rationale, if any, for the | Inter-Family Gift out of love and affection
proposed transfer (among promoters / immediate relatives)
Relevant sub-clause of Regulation 10(1)(a)(i)
regulation 10(1)(a) under which
the acquirer is exempted from
making open offer
if, frequently traded, volume
weighted average market price 226.33
for a period of 60 trading days
preceding the date of issuance
of this notice as traded on the
stock exchange where the
maximum volume of trading in
the shares of the TC are
recorded during such period.
If in-frequently traded, the price Not applicable being gift within the immediate
as determined in terms of clause relatives.
(e) of sub-regulation (2) of
regulation 8.
Declaration by the acquirer, that Not applicable
the acquisition price would not
be higher by more than 25% of
the price computed in point 6 or
point 7 as applicable.
Declaration by the acquirer, that The acquirer declares that transferors and
the transferor and transferee transferee will comply with applicable
have complied / will comply with disclosure requirements in Chapter V of the
applicable disclosure SEBI (Substantial Acquisition of Shares and
requirements in Chapter V of the Takeovers) Regulations, 20T1.
Takeover Regulations, 2011
(corresponding provisions of the
10. Declaration by the acquirer that | Yes
all the conditions specified under
regulation 10(1)(a) with respect to
exemptions has been duly
complied with.
. Shareholding details Pre-Transaction Post-Transaction
No. of shares/| % w.r.t No.of |% w.rt
voting rights | total shares/ |[total
share voting share
capital of | rights [capital of
TE TC
a. |Acquirer(s) and PACs (other 1,66,83,909 1917% |4,35,90,115| 50.11%
than sellers) (*) Annexure -1
b. |Seller(s) 2,69,06,206 | 30.94% - -
yr oy
Alok Bansidhar Shriram
(Acquirer)
Note:
(*) Shareholding of each entity shall be shown separately and then collectively in a
group. The above disclosure shall be signed by the acquirer mentioning date & place.
In case, there is more than one acquirer, the report shall be signed either by all the
persons or by a person duly authorized to do so on behalf of all the acquirers.
There is no change in the Promoter shareholding which remains unchanged at
50.11%
Hesl ook ol
Annexure - 1
Sr. No. Name of the Pre- No. of shares to be acquired Post Acquisition
Acquirer & PAC Acquisition from (No. of Shares)
i (No. of
shares)
1. Urvashi Tilakdhar 2,69,06,206 Proposed to be transferred to -
(30.94%) Alok B Shriram
2. Alok B Shriram 89,42,540 Urvashi Tilakdhar- 2,69,06,206 3,58,48,746
(10.28%) (41.22%)
3. Suman Bansi Dhar 47,64,227 No change 47,64,227
(5.48%) (5.48%)
4, Divya Shriram 435 No change 435
5. Sushil Kumar Jain 318 No change 318
6. Bansuri Charitable 29,76,389 No change 29,76,389
Society (3.42%) (3.42%)
7. Akshay Foundation -= -- -
8 Lala Bansi Dhar & -- -- -
Sons (HUF)
9. Tilak Dhar & Sons -- -- -
10. Madhav B Shriram - - -
1. Akshay Dhar - - --
12. Aditi Dhar -- - --
13, Rudra Shriram -- - --
14. Karuna Shriram -- - --
15. Kanika Shriram - - -
16. Uday Shriram -- - --
17. Rohan Shriram - - =
Total 4,35,90,115 4,35,90,1T15
(50.11%) (50M%)