NSEDisclosure under SEBI Takeover Regulations7 Aug 2026 · 7 Aug 2026, 03:34 pm
Disclosure under SEBI Takeover Regulations
DCM Shriram Fine Chemicals Limited · DSFCL
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DCM Shriram Fine Chemicals Limited has received a disclosure under SEBI Takeover Regulations from Urvashi Tilakdhar regarding the acquisition of 1,79,63,064 equity shares (20.65%) of the company from Lala Bansi Dhar & Sons (HUF) and Mr. Madhav B Shriram, both promoters, through an off-market inter-se transfer among promoters.
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Full Announcement
Urvashi Tilakdhar has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
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August 06th 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: 544703 Symbol: DSFCL
Sub: Submission of Report under Regulation 10(6) of SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011
Sir/Madam,
Please find enclosed the post-transaction report in the prescribed format under Regulation 10(6) of
the SEBI (SAST) Regulations, 2011.
This disclosure is being submitted in respect of the acquisition of 1,79,63,064 equity shares (20.65%)
of DCM Shriram Fine Chemicals Limited by the undersigned. The off-market inter-se transfer among
promoters was executed on August 1, 2026.
We request you to kindly take the enclosed disclosure on your records and acknowledge receipt.
Thanking you,
Yours faithfully,
Urvashi Tilakdhar
Acquirer / Promoter
Encl.: As above
Format for Disclosures under Regulation 10(6) –Report to Stock Exchanges in respect of any
acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011
1. Name of the Target Company (TC) DCM Shriram Fine Chemicals Limited
BSE Scrip:544703, NSE Symbol: DSFCL
2. Name of the acquirer(s) Mrs. Urvashi Tilakdhar
3. Name of the stock exchange where shares of the TC NSE & BSE
are listed
4. Details of the transaction including rationale, if any, As per Annexure-1
for the transfer/ acquisition of shares.
5. Relevant regulation under which the acquirer is 10(1)(a)(i)
exempted from making open offer.
6. Whether disclosure of proposed
acquisition was required to be made under
regulation 10 (5) and if so,
- whether disclosure was made and whether it YES
was made within the timeline specified under
the regulations.
- date of filing with the stock 24.07.2026 (revised on 25.07.2026)
exchange.
7. Details of acquisition Disclosures required to be made under Whether the
regulation 10(5) disclosures under
regulation 10(5)
are actually made
a. Name of the transferor / seller 1. Lala Bansi Dhar & Sons (HUF) Yes
2. Mr. Madhav B Shriram
b. Date of acquisition 31.07.2026 No
(Actual date of
execution was
01.08.2026.
(Refer Annexure-1)
c. Number of shares/ voting rights in respect of the 1. Lala Bansi Dhar & Sons – 90,21,200 Yes
acquisitions from each person mentioned in 2. Mr. Madhav B Shriram – 89,41,864
7(a) above Total: 1,79,63,064
d. Total shares proposed to be acquired / actually 1. Lala Bansi Dhar & Sons – 90,21,200 - Yes
acquired as a % of diluted share capital of TC 10.37%
(3/4th shares on dissolution)
2. Mr. Madhav B Shriram - 89,41,864 -
10.28%
Total – 1,79,63,064 - 20.65%
e. Price at which shares are proposed to be NIL Yes
acquired / actually acquired
8. Shareholding details Pre-Transaction Post-Transaction
No. of shares held % w.r.t total No. of % w.r.t total
share capital of shares share
TC held capital of
a Each Acquirer / Transferee (*) 58,89,611 6.77% 2,38,52 27.42%
Urvashi Tilakdhar ,675
b Each Seller / Transferor 2,09,70,131 24.11% - -
i. Mr. Madhav B Shriram - 89,41,864
ii. Lala Bansi Dhar & Sons (HUF) - 1,20,28,267#
#Transferred to Mrs. Urvashi Tilakdhar - 90,21,200
(3/4th shares on dissolution)
Transferred to Ms. Suman Bansi Dhar - 30,07,067
Urvashi Tilakdhar
(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.
******
Annexure-1
Disclosures required to be made under
Details of actual transaction
Details of acquisition regulation 10(5)
(Actual)
(Proposed)
Name of the a. Mr. Madhav B Shriram a. Mr. Madhav B Shriram
transferor / seller b. Lala Bansi Dhar & Sons (HUF) b. Lala Bansi Dhar & Sons (HUF)
Date of acquisition 31.07.2026 01.08.2026
89,41,864 89,41,864
Number of shares
90,21,200 90,21,200
acquired
Total - 1,79,63,064 Total - 1,79,63,064
Mode of Acquisition Off-Market Off-Market
Total shares as a % of
20.65% 20.65%
share capital
Price at which shares
NIL NIL
are acquired
Rationale, if any, for
Inter-Family Gift out of love and affection Inter-Family Gift out of love and affection
the transfer/
(among promoters / immediate relatives) (among promoters / immediate relatives)
acquisition of shares