NSEDisclosure under SEBI Takeover Regulations2d ago · 18 Aug 2026, 11:02 am

Disclosure under SEBI Takeover Regulations

DCM Shriram Fine Chemicals Limited · DSFCL

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Urvashi Tilakdhar has submitted a disclosure under SEBI Takeover Regulations for acquiring 15,26,766 equity shares of DCM Shriram Fine Chemicals Limited from Akshay Dhar and Aditi Dhar, with a total shareholding of 3.52% post-acquisition. The acquisition is exempt from making an open offer under Regulation 10(1)(a)(i) of the SEBI Takeover Regulations, 2011.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Urvashi Tilakdhar has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Date: 17th August, 2026 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 Limited BSE Scrip: 544703 NSE Symbol: DSFCL 2. Name of the acquirer(s) Mrs. 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. Akshay Dhar, and be acquired ii. Ms. Aditi Dhar b Proposed date of acquisition 24th August, 2026 (Monday) c. Number of shares to be acquired from each i. 15,26,766 (1.76%) equity shares of person mentioned in 4(a) above Face Value Rs. 2 each held by Mr. Akshay Dhar ii. 15,26,765 (1.76%) equity shares of Face Value Rs. 2 each held by Ms. Aditi Dhar d Total shares to be acquired as % of share 3.52% . 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 market ₹24.92 per share 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 Not applicable being gift within the in terms of clause (e) of sub-regulation (2) of immediate relatives. regulation 8. 8. Declaration by the acquirer, that the acquisition Not applicable price 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 SEBI (Substantial Acquisition of Shares (corresponding provisions of the repealed and Takeovers) Regulations, 2011. 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 shares total / voting capital of / voting share rights TC rights capital of TC a Acquirer(s) and PACs (other than sellers) (*) 4,05,36,584 46.59 4,35,90,115 50.11 Annexure - 1 b Seller (s) 30,53,531 3.52 - - Urvashi Tilakdhar (Acquirer) Note (*) 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 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% Annexure – I Pre- No. of shares to be acquired Post Sr. Name of the Acquisition from Acquisition No. Acquirer & PAC (No. of (No. of shares) Shares) 1. Urvashi Tilakdhar 2,38,52,675 Akshay Dhar - 15,26,766 2,69,06,206 (27.42%) (30.94%) Aditi Dhar - 15,26,765 2. Akshay 29,76,389 No change 29,76,389 Foundation (3.42%) (3.42%) 3. Suman 47,64,227 No change 47,64,227 Bansi Dhar (5.48%) (5.48%) 4. Alok B. Shriram 89,42,540 No change 89,42,540 (10.28%) (10.28%) 5. Madhav B. Shriram -- -- -- 6. Lala Bansi Dhar & -- -- -- Sons (HUF) 7. Akshay Dhar 15,26,766 Proposed to be transferred to -- (1.76%) Urvashi Tilakdhar 8. Aditi Dhar 15,26,765 Proposed to be transferred to -- (1.76%) Urvashi Tilakdhar 9. Divya Shriram 435 No change 435 10. Sushil Kumar Jain 318 No change 318 TOTAL 4,35,90,115 4,35,90,115 (50.11%) (50.11%)