DCM Shriram International Ltd: Share Acquisition Disclosure

DCM Shriram International Ltd has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, concerning an acquisition of shares. The transaction involves the acquisition of 99,41,864 equity shares, representing 11.43% of the total share capital, from various transferors including Mr. Madhav B. Shrirom, Mrs. Urvashi Tilokdhar, and Lolo Bonsi Dhor & Sons (HUF). The acquisition is classified as an 'Inter-Family Gift' among promoters. The price per share is determined at ₹67.62. This transaction is exempt from the open offer requirement under Regulation 10(1)(a)(ii) as it involves immediate relatives. Post-acquisition, the acquirer's shareholding will increase significantly.