
Acquisitions16 Oct 2026, 04:23 pm
Alok Bansidhar Shriram Acquires 30.94% Stake in DCM Shriram Fine Chemicals
AI Summary
Alok Bansidhar Shriram has acquired 2,69,06,206 equity shares, representing 30.94% of the paid-up share capital of DCM Shriram Fine Chemicals Limited. The transaction, an off-market inter-se transfer among promoters and immediate relatives, was executed on October 9, 2026. Following the acquisition, Alok Bansidhar Shriram's shareholding in the company increased from 10.28% to 41.21%. The acquisition was made under exemption Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011, and the transfer was an inter-family gift.
Key Highlights
- Alok Bansidhar Shriram acquired 30.94% stake in DCM Shriram Fine Chemicals.
- Transaction involved 2,69,06,206 equity shares.
- Acquisition was an off-market inter-se transfer among promoters.
- Shareholding of Alok Bansidhar Shriram increased to 41.21%.
- Acquisition made under SEBI (SAST) Regulations, 10(1)(a)(i) exemption.
Price Impact
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