BSEInsider Trading / SAST4 Aug 2026 · 4 Aug 2026, 05:26 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shri Madhav Bansidhar Shriram
DCM Shriram Industries Ltd-$ · 523369
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DCM Shriram Industries Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the acquisition of 2,69,06,382 equity shares (30.93%) by Shri Madhav Bansidhar Shriram, a promoter of the company, through an off-market inter-se transfer among promoters and immediate relatives.
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DCM Shriram Industries Ltd-$ - 523369 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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04th August, 2026
To, To,
The Corporate Relationship Department National Stock Exchange of India Ltd
BSE Ltd. Exchange Plaza, 5th Floor, Plot No. C-1,
Pheroze Jeejeebhoy Towers, G Block, Bandra Kurla Complex, Bandra
Dalal Street, (E) Mumbai- 400 051
Mumbai-400001
Symbol: DCMSRIND
Scrip Code: 523369
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 acquisition of 2,69,06,382 equity shares
(30.93%) of DCM Shriram Industries Ltd. by the undersigned. The acquisition 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
Acquirer / 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 INDUSTRIES LIMITED
Name(s) of the acquirer and Persons Shri Madhav Bansidhar Shriram
Acting in Concert (PAC) with the (Refer Annexure – 1)
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 under
consideration, holding of:
a) Shares carrying voting rights 42,99,224 4.94 4.94
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) 42,99,224 4.94 4.94
Details of acquisition / sale
a) Shares carrying voting rights 2,69,06,382 30.93 30.93
acquired / sold
b) VRs acquired /sold 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/sold
d) Shares encumbered / invoked / - - -
released by the acquirer
e) Total (a+b+c+/-d) 2,69,06,382 30.93 30.93
After the acquisition / sale, holding
a) Shares carrying voting rights 3,12,05,606 35.87 35.87
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
e) Total (a+b+c+d) 3,12,05,606 35.87 35.87
Mode of acquisition / sale (e.g. open Off-Market
market / off-market / public issue / rights
issue / preferential allotment / inter-se
transfer etc).
Date of acquisition / sale of shares / VR 01.08.2026
or date of receipt of intimation of
allotment of shares, whichever is
applicable
Equity share capital / total voting capital 86992185
of the TC before the said acquisition /
sale
Equity share capital/ total voting capital 86992185
of the TC after the said acquisition / sale
Total diluted share/voting capital of the 86992185
TC after the said acquisition
(*) 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.
(Madhav Bansidhar Shriram)
Signature of the acquirer
Place: New Delhi
Date: 04.08.2026
******
Annexure – 1
Pre- Post
Name of the
Sl. Acquisition No. of shares to be acquired Acquisition
Acquirer &
No. (No. of from (No. of
shares) Shares)
Alok B. Shriram – 89,42,540
Urvashi Tilakdhar – 89,42,642
Madhav B. 42,99,224 3,12,05,606
1. Lala Bansi Dhar & Sons
Shriram (4.94%) (35.87%)
(HUF) (3/4th shares on
dissolution) – 90,21,200
Divya 36,47,854 36,47,854
2. No change
Shriram (4.19%) (4.19%)
9,61,628 9,61,628
3. Uday Shriram No change
(1.11%) (1.11%)
Rohan 33,593 33,593
4. No change
Shriram (0.04%) (0.04%)
Akshay 29,76,389 29,76,389
5. No change
Foundation (3.42%) (3.42%)
Lala Bansi Dhar & Sons
Suman Bansi 17,57,160 47,64,227
6. (HUF) (1/4th shares on
Dhar (2.02%) (5.48%)
dissolution) – 30,07,067
Alok B. 89,42,540 Transferred to Mr. Madhav B.
7. -
Shriram (10.28) Shriram
Urvashi 89,42,642 Transferred to Mr. Madhav B.
8. -
Tilakdhar (10.28%) Shriram
Transferred to Mr. Madhav B.
Lala Bansi
1,20,28,267 Shriram – 90,21,200
9. Dhar & Sons -
(13.83%) Transferred to Mrs. Suman
(HUF)
Bansi Dhar – 30,07,067
10. Akshay Dhar 500 No change 500
Sushil Kumar
11. 318 No change 318
Jain
4,35,90,115 4,35,90,115
TOTAL
(50.11%) (50.11%)