DCM Shriram International Ltd: Acquisition Disclosure Under SEBI Takeover Regulations

DCM Shriram International Ltd has filed a disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure pertains to an acquisition under Regulation 10(1)(a), specifically an exemption from making an open offer. The acquisition involves the transfer of 3,007,067 shares, representing 3.46% of the total share capital, from Alok Bansidhar Shriram – Karta Lala Bansi Dhar & Sons HUF to Suman Bansi Dhar. The rationale for the transfer is stated as 'Distribution of assets by HUF'. The transaction is valued at ₹67.62 crore. Post-acquisition, the shareholding of Suman Bansi Dhar is expected to increase significantly, and the overall shareholding structure of the company will be updated.