BSEInsider Trading / SAST4 Aug 2026 · 4 Aug 2026, 12:32 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madhav Bansidhar Shriram
DCM Shriram International Ltd · 544702
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DCM Shriram International Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the disposal of 89,41,864 equity shares (10.28%) by Madhav Bansidhar Shriram to other promoter group entities.
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DCM Shriram International Ltd - 544702 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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August 04th 2026
To, To,
BSE Ltd. National Stock Exchange of India Ltd Exchange Plaza,
Pheroze Jeejeebhoy Towers, 5th Floor, Plot No. C-1,
Dalal Street, Fort, G Block, Bandra Kurla Complex, Bandra (E) Mumbai-
Mumbai-400001 400 051
Scrip Code: 544702 Symbol: DCMSIL
Sub: Submission of Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011
Sir/Madam,
Please find enclosed the disclosure in the prescribed format under Regulation 29(2) of the SEBI
(SAST) Regulations, 2011.
This disclosure is being submitted in respect of the disposal of 89,41,864 equity shares (10.28 %)
of DCM Shriram International Ltd. by the undersigned. The disposal was executed on August 1,
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,
Madhav Bansidhar Shriram
Seller / Promoter
Encl.: As above
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011
Name of the Target Company (TC) DCM Shriram International Ltd.
BSE- 544702
NSE- DCMSIL
Name(s) of the acquirer/ Seller and Persons Madhav Bansidhar Shriram
Acting in Concert (PAC) with the acquirer (Refer Annexure-1)
Whether the acquirer / Seller belongs to Yes
Promoter / Promoter group
Name(s) of the Stock Exchange(s) where the NSE/BSE
shares of TC are Listed
Details of the acquisition/Disposal as follows Number % w.r.t.total % w.r.t. total
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 89,41,864 10.28 10.28
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)
89,41,864 10.28 10.28
e) Total (a+b+c+d)
Details of acquisition Disposal
a) Shares carrying voting rights acquired 89,41,864 10.28 10.28
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)
89,41,864 10.28 10.28
After the acquisition Disposal, holding of:
a) Shares carrying voting rights 0 0 0
acquired
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
0 0 0
e) Total (a+b+c+d)
Mode of acquisition Sell (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 of shares, 01.08.2026
whichever is applicable
Equity share capital / total voting capital of the
TC before the said acquisition / sale 8,69,92,185
Equity share capital/ total voting capital of the
TC after the said acquisition / sale 8,69,92,185
Total diluted share/voting capital of the TC after
the said acquisition 8,69,92,185
(*) 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
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.
(Madhav Bansidhar Shriram)
Signature of the Seller
Place: New Delhi
Date: 04.08.2026
Annexure-1
Pre-Acquisition No. of shares acquired Post Acquisition
Sl. Name of the Acquirer &
(No. of shares) (No. of Shares)
No. PAC
23,88,944 Madhav B. Shriram - 89,41,864 2,92,94,150
(2.75%) Urvashi Tilakdhar – 89,42,142 (33.67%)
Lala Bansi Dhar & – 90,21,200
1. Alok Bansidhar Shriram
Sons (HUF)
(3/4th shares on dissolution)
14,56,332 No change
14,56,332
2. Kanika Shriram (1.67%)
(1.67%)
9,58,802 No change
9,58,802
3. Rudra Shriram (1.10%)
(1.10%)
41,38,462 No change
41,38,462
4. Karuna Shriram (4.76%)
(4.76%)
29,76,389 No change 29,76,389
5. Akshay Foundation (3.42%) (3.42%)
17,57,160 Lala Bansi Dhar & Sons (HUF) (1/4th 47,64,227
6. Suman Bansi Dhar (2.02%) shares on dissolution) 30,07,067 (5.48%)
1,20,28,267 Transferred to Mr. Alok B. Shriram -
(13.83%) - 90,21,200
7 Lala Bansi Dhar & Sons
Transferred to Suman Bansi Dhar -
30,07,067
500 No change 500
8 Akshay Dhar
500 No change 500
9 Aditi Dhar
318 No change 318
10 Sushil Kumar Jain
435 No change 435
11 Divya Shriram
89,42,142 Transferred to Mr. Alok B. Shriram -
12 Urvashi Tilakdhar (10.28%)
89,41,864 Transferred to Mr. Alok B. Shriram -
13 Madhav Bansidhar Shriram (10.28%)
- No change -
14 Uday Shriram
- No change -
15 Rohan Shriram
- No change -
16 Tilak Dhar & Sons
4,35,90,115 4,35,90,115
TOTAL (50.11%) (50.11%)