BSEInsider Trading / SAST3d ago · 25 Jul 2026, 11:50 am

The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....

DCM Shriram Fine Chemicals Ltd · 544703

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DCM Shriram Fine Chemicals Ltd has received a disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the acquisition of shares by Urvashi Tilakdhar from promoters Madhav B. Shriram, Alok B. Shriram, and Lala Bansi Dhar & Sons (HUF). The acquisition is exempt from making an open offer as it is an inter-family gift among promoters.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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DCM Shriram Fine Chemicals Ltd - 544703 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011

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C923DCC8_8331_4435_ACE5_F67887F117DD_115018.pdf

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Format for 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, 2011 1. Name of the Target Company (TC) DCM Shriram Fine Chemicals Ltd. BSE Scrip: 544703 NSE Symbol: DSFCL 2. Name of the acquirer(s) Urvashi Tilakdhar 3. Whether the acquirer(s) is/ are promoters of the TC Yes prior to the transaction. If not, nature of relationship or association with the TC or its promoters 4. Details of the proposed acquisition a. Name of the person(s) from whom shares are to i. Mr. Madhav Bansidhar Shriram, be acquired ii. Mr. Alok Bansidhar Shriram and iii. Lala Bansi Dhar & Sons (HUF) b. Proposed date of acquisition 31.07.2026 c. Number of shares to be acquired from each i. 89,41,864 (10.28%) equity shares of person mentioned in 4(a) above Face Value Rs. 2 each held by Shri Madhav B. Shriram. ii. 89,42,540 (10.28%) equity shares of Face Value Rs. 2 each held by Mr. Alok Bansidhar Shriram iii. 90,21,200 (10.37%) equity shares of Rs. 2 each out of the total 1,20,28,267 (13.83%) equity shares held by Lala Bansi Dhar & Sons (HUF) on dissolution. d. Total shares to be acquired as % of share 30.93% capital of TC e. Price at which shares are proposed to be NIL acquired f. Rationale, if any, for the proposed transfer Inter-Family Gift out of love and affection (among promoters / immediate relatives) 5. Relevant sub-clause of regulation 10(1)(a) under Reg. 10(1)(a)(i) which the acquirer is exempted from making open offer 6. If, frequently traded, volume weighted average ₹25.42 per share market price 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. 7. If in-frequently traded, the price as determined in Not applicable being gift within the terms of clause (e) of sub-regulation (2) of immediate relatives. regulation 8. 8. Declaration by the acquirer, that the acquisition price Not applicable would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable. 9. Declaration by the acquirer, that the transferor and The acquirer declares that transferors and transferee have complied / will comply with transferee will comply with applicable applicable disclosure requirements in Chapter V of disclosure requirements in Chapter V of the Takeover Regulations, 2011 the Takeover Regulations, 2011. (corresponding provisions of the repealed Takeover Regulations 1997) 10. Declaration by the acquirer that all the conditions Yes specified under regulation 10(1)(a) with respect to exemptions has been duly complied with. 11. Shareholding details Before the After the proposed proposed transaction transaction No. of % w.r.t total No. of % w.r.t shares share capital shares total share / voting of TC / voting capital rights rights of TC a Acquirer(s) and PACs (other than sellers)(*) 1,66,84,511 19.18 4,35,90,115 50.11 Annexure - 1 b Seller (s) 269,05,604 30.93 - - Urvashi Tilakdhar (Acquirer) (*) Shareholding of each entity may 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 Note 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% Anne xure – I Pre-Acquisition No. of shares to be acquired from Post Name of the Sl. (No. of shares) Acquisition Acquirer & No. (No. of Shares) 58,89,611 Alok B. Shriram - 89,42,540 3,27,95,215 (6.77%) Madhav B. Shriram – 8941864 (37.70%) Urvashi Lala Bansi Dhar & Sons (HUF) Tilakdhar (3/4th shares on dissolution) - 9021200 Akshay 29,76,389 No change 29,76,389 Foundation (3.42%) (3.42%) 17,57,160 Lala Bansi Dhar & Sons (HUF) 47,64,227 Suman Bansi 3. (2.02%) (1/4th shares on dissolution) – (5.48%) Dhar 30,07,067 Alok B. 89,42,540 - - Shriram (10.28) Madhav B. 89,41,864 - - Shriram (10.28%) Lala Bansi 1,20,28,267 - - 6. Dhar & Sons (13.83%) (HUF) 15,26,766 No change 1526766 7. Akshay Dhar (1.75%) (1.75%) 15,26,765 No change 1526765 8. Aditi Dhar (1.75%) (1.75%) 9. Divya Shriram 435 435 Sushil Kumar 318 No change 318 Jain 4,35,90,115 4,35,90,115 TOTAL (50.11%) (50.11%)