DCM Shriram Industries Limited (DCMSRIND) — Announcement | 24 July 2026

DCM Shriram Industries announced on July 31, 2026, its intent to acquire 8.94 million shares from Alok B. Shriram and 8.94 million shares from Urvashi Tilakdhar, representing 10.28% of each holder's equity, as part of a family transfer exempt from open offer under SEBI Takeover Regulations. The transaction involves Lala Bansi Dhar & Sons (HUF) selling 9.02 million shares, 10.37% of its stake, and will increase total shareholding from 13.83% to 13.83% post-acquisition. The acquirer confirmed no price premium beyond 25% of the volume-weighted average price and compliance with all disclosure norms. This family-level share transfer does not alter overall promoter shareholding percentage but adjusts individual stake distribution within the promoter group.