BSEInsider Trading / SAST3d ago · 4 Aug 2026, 12:26 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Urvashi Tilakdhar
DCM Shriram Fine Chemicals Ltd · 544703
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Urvashi Tilakdhar has acquired 20.65% stake in DCM Shriram Fine Chemicals Ltd, increasing her holding to 27.42%. The acquisition was made through an off-market transfer on August 1, 2026.
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Growth Catalyst9/10
Governance Concern2/10
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Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
DCM Shriram Fine Chemicals Ltd - 544703 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011
Name of the Target Company (TC) DCM Shriram Fine Chemicals Limited
BSE- 544703
NSE- DSFCL
Name(s) of the acquirer and Persons Urvashi Tilakdhar
Acting in Concert (PAC) with the (PAC)#
acquirer
Whether the acquirer belongs to Yes
Promoter / Promoter group
Name(s) of the Stock Exchange(s) NSE/BSE
where the shares of TC are Listed
Details of the acquisition/Disposal as Number % w.r.t.total % w.r.t. total
follows share/voting diluted
capital share/voting
wherever capital of the
applicable (*) TC (**)
Before the acquisition/Disposal
under consideration, holding of:
a) Shares carrying voting rights 5889611 6.77 6.77
b) Shares in the nature of
encumbrance (pledge/ lien/ non
disposal undertaking/ others)
- - -
c) Voting rights (VR) otherwise than by
shares
- - -
d) Warrants/convertible securities/any
other instrument that entitles the
acquirer to receive shares carrying
voting rights in the T C (specify
holding in each category) - - -
e) Total (a+b+c+d) 5889611 6.77 6.77
Details of acquisition
a) Shares carrying voting rights 17963064 20.65 20.65
acquired
b) VRs acquired otherwise than by
shares
- - -
c) Warrants/convertible securities/any
other instrument that entitles the
acquirer to receive shares carrying
voting rights in the TC (specify
holding in each category)
- - -
acquired
d) Shares encumbered / invoked /
- - -
released by the acquirer
e) Total (a+b+c+/-d) 17963064 20.65 20.65
After the acquisition, holding of:
a) Shares carrying voting rights
acquired 23852675 27.42 23852675
b) Shares encumbered with the
acquirer
- - -
c) VRs otherwise than by shares
- - -
d) Warrants / convertible securities /
any other instrument that entitles
the acquirer to receive shares
carrying voting rights in the TC
(specify holding in each category)
- - -
after acquisition
23852675 27.42 27.42
e) Total (a+b+c+d)
Mode of acquisition (e.g. open market /
off-market / public issue / rights issue / Off-Mkt
preferential allotment / inter-se transfer
etc).
Date of acquisition of shares / VR or
date of receipt of intimation of allotment 01.08.2026
of shares, whichever is applicable
Equity share capital / total voting capital
of the TC before the said acquisition /
sale 86992185
Equity share capital/ total voting capital
of the TC after the said acquisition / sale 86992185
Total diluted share/voting capital of the
TC after the said acquisition 86992185
(*) Total share capital/ voting capital to be taken as per the latest filing done by the
company to the Stock Exchange under Clause 35 of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming
full conversion of the outstanding convertible securities/warrants into equity shares of
the TC.
Note: The execution of the off-market transfer was delayed by one day due to a
temporary, procedural freeze placed on the relevant demat account(s) by the Depository.
The shares were successfully unfrozen on August 1, 2026, and the inter-se transfer was
executed immediately on the same day.
(Urvashi Tilakdhar)
Signature of the acquirer
Place: New Delhi
Date: 03.08.2026
Annexure – I
Pre-Acquisition No. of shares to be acquired from Post Acquisition
Sl. Name of the
(No. of shares) (No. of Shares)
No. Acquirer & PAC
58,89,611 Madhav B. Shriram – 8941864 2,38,52,675
(6.77%) Lala Bansi Dhar & - 9021200 (27.42%)
1. Urvashi Tilakdhar
Sons (HUF)
(3/4th shares on dissolution)
29,76,389 No change 29,76,389
Akshay
2. (3.42%) (3.42%)
Foundation
17,57,160 Lala Bansi Dhar & Sons (HUF) 47,64,227
Suman Bansi
3. (2.02%) transferred (1/4th shares on dissolution) (5.48%)
Dhar
– 30,07,067
89,42,540 No change 89,42,540
4. Alok B. Shriram (10.28) (10.28%)
89,41,864 Transferred to Mrs. Urvashi Tilakdhar -
Madhav B.
5. (10.28%)
Shriram
1,20,28,267 Transferred to Mrs. Urvashi Tilakdhar & -
Lala Bansi Dhar &
6. (13.83%) Mrs.Suman Bansi Dhar
Sons (HUF)
15,26,766 No change 1526766
7. Akshay Dhar (1.76%) (1.76%)
15,26,765 No change 1526765
8. Aditi Dhar (1.76%) (1.76%)
435 No change 435
9. Divya Shriram
318 No change 318
10. Sushil Kumar Jain
4,35,90,115 4,35,90,115
TOTAL
(50.11%) (50.11%)