Acquisitions17 Mar 2026, 04:29 pm
Madhav Bansidhar Shriram & Others Acquire Entire Share Capital of DCM Shriram International Ltd. Through Off-Market Transfers
AI Summary
According to a disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Madhav Bansidhar Shriram and other associated entities have acquired the entire share capital of DCM Shriram International Ltd. The acquisition includes 961628 shares carrying voting rights and 12028267 shares encumbered with the acquirer, among other securities. The total holding after the acquisition amounts to 43590115 shares, representing 50.11% of the diluted share/voting capital of the company.
Key Highlights
- Madhav Bansidhar Shriram and others have acquired the entire share capital of DCM Shriram International Ltd.
- The acquisition includes 961628 shares carrying voting rights and 12028267 shares encumbered with the acquirer.
- The total holding after the acquisition amounts to 43590115 shares, representing 50.11% of the diluted share/voting capital of the company.
- The acquisition was made through off-market transfers.
- The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.