Acquisitions17 Mar 2026, 04:42 pm
Madhav Bansidhar Shriram Acquires Significant Shares in DCM Shriram Fine Chemicals Ltd
AI Summary
According to a disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Madhav Bansidhar Shriram and others have acquired a significant number of shares in DCM Shriram Fine Chemicals Ltd. The total number of shares carrying voting rights acquired is 4643075, which amounts to 10.28% of the total voting capital of the company. This acquisition also includes warrants, convertible securities, and other instruments that entitle the acquirer to receive shares carrying voting rights in the company. The total holding of the acquirer after the acquisition is 8942299 shares, which is 50.11% of the total diluted share/voting capital of the company.
Key Highlights
- Madhav Bansidhar Shriram and others have acquired 4643075 shares in DCM Shriram Fine Chemicals Ltd, amounting to 10.28% of the total voting capital.
- The acquisition also includes warrants, convertible securities, and other instruments that entitle the acquirer to receive shares carrying voting rights.
- The total holding of the acquirer after the acquisition is 8942299 shares, which is 50.11% of the total diluted share/voting capital of the company.
- The acquisition was made through off-market transactions.
- The acquisition was made on 13th March 2026.