DCM Shriram Fine Chemicals: Urvashi Tilakdhar Acquires 20.65% Stake
DCM Shriram Fine Chemicals Ltd has filed a revised disclosure regarding an acquisition under SEBI (SAST) Regulations, 2011. Urvashi Tilakdhar is acquiring a 20.65% stake in the company through an inter-family gift. The acquisition involves 89,41,864 equity shares (10.28%) from Mr. Madhav Bansidhar Shriram and 90,21,200 equity shares (10.37%) from Lala Bansi Dhar & Sons (HUF) upon its dissolution. This transaction is exempted from open offer requirements as it's a gift among immediate relatives. The acquisition price is NIL, and the volume-weighted average market price for the preceding 60 trading days was ₹25.42. The filing rectifies clerical errors from the original disclosure dated July 24, 2026, and confirms no change in aggregate promoter shareholding.
Key Highlights
- Urvashi Tilakdhar to acquire 20.65% stake in DCM Shriram Fine Chemicals.
- Acquisition is an inter-family gift, exempt from open offer.
- Transaction involves shares from Madhav B. Shriram and Lala Bansi Dhar & Sons (HUF).
- Revised disclosure corrects clerical errors; no change in promoter shareholding.
- Acquisition price is NIL, with prior VWAP at ₹25.42.
Price Impact
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