DCM Shriram Fine Chemicals Promoter to Acquire 20.65% Stake Through Inter-Family Gift
Internal promoter restructuring to increase individual shareholding without changing overall promoter group ownership
DCM Shriram Fine Chemicals Limited (NSE: DCMFINE | BSE: 544703) has submitted a revised disclosure to the stock exchanges under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, informing investors about an inter-se transfer of shares within the promoter group through an inter-family gift.
The revised filing corrects inadvertent clerical errors in the company’s earlier disclosure dated July 24, 2026. The proposed transaction represents an internal restructuring of promoter shareholding and will not result in any change in the overall promoter group’s ownership in the company.
Key Transaction Details
- Target Company: DCM Shriram Fine Chemicals Limited (NSE: DCMFINE | BSE: 544703)
- Acquirer: Urvashi Tuladhar (Promoter)
- Shares to be Acquired: 17,963,064 equity shares
- Stake to be Acquired: 20.65% of the paid-up equity share capital
- Mode of Acquisition: Inter-family gift
- Consideration: Nil (Gift without monetary consideration)
- Expected Date of Acquisition: On or around July 31, 2026
- Exemption Claimed: Regulation 10(1)(a)(i) of the SEBI (SAST) Regulations, 2011
Shares Being Transferred
The shares will be transferred by members of the promoter group as follows:
- Jadhav Bansidhar Shriram: 8,941,864 equity shares (10.28%)
- Lala Bansidhar & Sons (HUF): 9,021,200 equity shares (10.37%), following the dissolution of the HUF
The transfer is being undertaken as an inter-family gift and does not involve any cash consideration.
Individual Shareholding to Increase
Before the proposed acquisition, Urvashi Tuladhar held 5,889,611 equity shares, representing 6.77% of the company’s equity capital.
Upon completion of the transaction, her shareholding is expected to increase to 23,852,675 equity shares, equivalent to 27.42% of the total paid-up equity share capital.