Alok Bansidhar Shriram acquires ~2.69 crore shares (30.94%) from Urvashi Tilakdhar in inter-family gift
Promoter Alok Bansidhar Shriram has acquired ~2.69 crore equity shares of DCM Shriram Fine Chemicals Limited — 30.94% of paid-up share capital — from Urvashi Tilakdhar.
By ScoutQuest · · 1 min read
- Shares Acquired
- ~2.69 crore equity shares (30.94% of paid-up share capital) from Urvashi Tilakdhar
- Holding After Transaction
- 3,58,48,746 shares (41.21%)
- Transfer Price / Mode
- off-market transfer; price shown as NIL; inter-family gift
What was reported
Alok Bansidhar Shriram has informed BSE and NSE that he acquired ~2.69 crore equity shares of DCM Shriram Fine Chemicals Limited from Urvashi Tilakdhar. That works out to 30.94% of the company's paid-up share capital.
Details of the transfer
- Mode of acquisition: off-market
- Date of acquisition: October 9, 2026
- Price at which the shares were acquired: NIL
- Stated rationale: inter-family gift out of love and affection, among promoters and immediate relatives
Shareholding before and after
- Alok Bansidhar Shriram, before: 89,42,540 shares, or 10.28% of total share capital
- Alok Bansidhar Shriram, after: 3,58,48,746 shares, or 41.21% of total share capital
- Urvashi Tilakdhar, before: ~2.69 crore shares, or 30.94%
- Urvashi Tilakdhar, after: no shares
Why this update was made
The acquisition relies on the exemption in Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which is the route used for transfers within the promoter group and among immediate relatives, so the acquirer is exempt from making an open offer. A disclosure of the proposed acquisition under Regulation 10(5) was made, and this post-transaction report is shared under Regulation 10(6).
How a retail investor can read it
- The shares have moved from one promoter-group name to another, not to a new outside buyer.
- Because the price is shown as NIL and the transfer is described as a gift, no cash consideration is involved in this transaction.
- A single individual's holding changes, but the update describes the transfer as being within promoters and immediate relatives.
The numbers to keep in mind are ~2.69 crore shares and 30.94% of capital moving to the acquirer, taking his stated holding to 3,58,48,746 shares, or 41.21%.
Also from DCM Shriram Fine Chemicals
DCM Shriram Fine Chemicals Ltd promoter buys 30.94% stake
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More numbers
- Equity shares acquired2,69,06,206
- Shares acquired as % of paid-up share capital30.94%
- Acquirer holding before transaction89,42,540
- Acquirer holding before transaction (% of total share capital)10.28%
- Acquirer holding after transaction3,58,48,746
- Acquirer holding after transaction (% of total share capital)41.21%
- Price at which shares were acquiredNIL
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