StockWatch
·
Specialty Chemicals
Shareholding6 Aug 2026, 03:20 pm

Urvashi Tilakdhar Acquires 20.65% Stake in DCM Shriram Fine Chemicals

AI Summary

Urvashi Tilakdhar has acquired 1,79,63,064 equity shares, representing 20.65% of the total share capital, in DCM Shriram Fine Chemicals Limited. This acquisition was an off-market inter-se transfer among promoters, executed on August 1, 2026. The shares were transferred from Lala Bansi Dhar & Sons (HUF) and Mr. Madhav B Shriram. This transaction was conducted as an inter-family gift out of love and affection. Following the transaction, Urvashi Tilakdhar's shareholding increased from 6.77% to 27.42%. The acquisition was made under exemption Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011, exempting the need for an open offer.

Key Highlights

  • Urvashi Tilakdhar acquired 20.65% stake in DCM Shriram Fine Chemicals.
  • Transaction involved 1,79,63,064 equity shares via off-market inter-se transfer.
  • Acquisition was an inter-family gift among promoters.
  • Urvashi Tilakdhar's stake rose to 27.42% post-acquisition.
  • Transaction falls under SEBI SAST Regulation 10(1)(a)(i) exemption.