StockWatch
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Specialty Chemicals
Shareholding6 Aug 2026, 01:09 pm

Suman Bansi Dhar Acquires 3.46% in DCM Shriram Fine Chemicals

AI Summary

Suman Bansi Dhar has acquired 30,07,067 equity shares, representing 3.46% of the total share capital, in DCM Shriram Fine Chemicals Limited. This transaction was an off-market inter-se transfer among promoters, executed on August 1, 2026. The acquisition qualifies for exemption from making an open offer under Regulation 10(1)(a)(ii) of the SEBI (SAST) Regulations, 2011, as it is an inter-se transfer among qualifying promoters who have been disclosed as promoters for over three years. The transferor was Lala Bansi Dhar & Sons (HUF), and the rationale cited is the distribution of assets through the partition of the HUF.

Key Highlights

  • Suman Bansi Dhar acquired 3.46% stake in DCM Shriram Fine Chemicals.
  • Transaction was an off-market inter-se transfer among promoters.
  • Acquisition exempt from open offer under SEBI (SAST) Regulations.
  • Transfer from Lala Bansi Dhar & Sons (HUF) due to HUF partition.
  • Transaction executed on August 1, 2026.