Sale1 Oct 2026, 10:38 am
Akshay Foundation Sells 3.42% Stake in DCM Shriram International
AI Summary
Akshay Foundation has sold 29,76,389 equity shares, representing 3.42% of the total share capital, in DCM Shriram International Ltd. The transaction, valued at an undisclosed amount, was an off-market inter-se transfer among promoters and immediate relatives, executed on September 29, 2026. The total share capital of the company remains unchanged at 8,69,92,185 equity shares. This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Akshay Foundation sold 29,76,389 shares of DCM Shriram International.
- The sale represents a 3.42% stake in the company.
- Transaction was an off-market inter-se transfer among promoters.
- Sale executed on September 29, 2026.
- Disclosure filed under SEBI (SAST) Regulations, 2011.
Price Impact
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