BSEInsider Trading / SAST2d ago · 18 Aug 2026, 11:26 am
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
DCM Shriram Fine Chemicals Ltd · 544703
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DCM Shriram Fine Chemicals Ltd has received a disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Urvashi Tilakdhar, a promoter, is acquiring shares from her relatives, Akshay Dhar and Aditi Dhar, with no change in promoter shareholding.
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DCM Shriram Fine Chemicals Ltd - 544703 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) 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%)