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DCM Ltd. Major Shareholding Notification 2024

Dec 18, 2024

61500_rns_2024-12-18_6cba77ec-20db-45a1-9e7b-199c780b1754.pdf

Major Shareholding Notification

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YUV BHARAT RAM RAHIL BHARAT RAM

C-54, ANAND NIKETAN, SOUTH MOTI BAGH, NEW DELHI - 110021

Date: December 18, 2024

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400 001

National Stock Exchange of India Ltd. Exchange Plaza, Plot no. C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051

Sub: Disclosure under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the "SEBI Takeover Regulations, $2011'$

Ref.: Proposed inter-se transfer of Shares amongst Promoters in DCM Limited

Dear Sir/Madam,

Please find attached herewith a disclosure under Regulation 10(5) of the SEBI Takeover Regulations, 2011, with respect to proposed acquisition of 18,67,775 (Eighteen Lakh Sixty Seven Thousand Seven Hundred and Seventy Five Only) equity shares each (aggregating to 37,35,550 equity shares) of DCM Limited (DCM) by both of us from our father i.e. Mr. Sumant Bharat Ram, Promoter and Director of DCM by way of gift, without any consideration. This acquisition would constitute as an interse transfer of shares between "qualifying persons" in terms of Regulations $10(1)(a)(i)$ and 10(1)(a)(ii) of the SEBI Takeover Regulations, 2011.

We request you to please take note of the same.

Thanking You, Yours faithfully,

Yuv Bharat Ram (Acquirer/Promoter & Director of DCM)

Place: Delhi

CC: Managing Director DCM Limited Unit Nos. 2050 to 2052. Plaza - II, Central Square, 20, Manohar Lal Khurana Marg, Bara Hindu Rao, Delhi - 110006

Encl: As above

5ran

Rahil Bharat Ram (Acquirer/Promoter & Director of DCM)

Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition
under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1. Name of the Target Company (TC) DCM Limited
2. Name of the acquirer(s) Yuv Bharat Ram and Rahil Bharat Ram
3. Whether the acquirer(s) is/ are promoters
of the TC prior to the transaction. If not,
nature of relationship or association with
the TC or its promoters
Yes, both the acquirers are the Promoters of the
TC
4. Details of the proposed acquisition
a. Name of the person(s) from whom
shares are to be acquired
Mr. Sumant Bharat Ram
b. Proposed date of acquisition December 26, 2024
Number of shares to be acquired from
c.
each person mentioned in 4(a) above
1. 18,67,775 equity shares of Rs. 10 each to be
acquired by Yuv Bharat Ram from Mr. Sumant
Bharat Ram.
2. 18,67,775 equity shares of Rs. 10 each to be
acquired by Rahil Bharat Ram
from Mr.
Sumant Bharat Ram.
d. Total shares to be acquired as % of
share capital of TC
37,35,550 equity shares of Rs. 10 each.
20.00% (approx.) of the total share capital of the
TC
e. Price at which shares are proposed to
be acquired
NIL (the shares will be acquired as gift and no
consideration will be paid by Yuv Bharat Ram and
Rahil Bharat Ram to Mr. Sumant Bharat Ram)
f.
Rationale, if any, for the proposed
transfer
Inter-se transfer of shares amongst qualifying
persons as defined in Regulations 10(1)(a)(i) and
10(1)(a)(ii) of Securities and Exchange Board of
India (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011.
5. Relevant sub-clause of regulation $10(1)(a)$
under which the acquirer is exempted
from making open offer
Regulations 10(1)(a)(i) and 10(1)(a)(ii) of SEBI
(Substantial Acquisition of shares and takeovers)
Regulations, 2011.
6. If, frequently traded, volume weighted
average market price for a period of 60
trading days preceding the date of
issuance of this notice as traded on the
stock exchange where the maximum
volume of trading in the shares of the TC
are recorded during such period.
Not Applicable, since the proposed transfer of
equity shares of the TC will be by way of a gift
and no consideration will be paid.
7.
If in-frequently traded, the price as
determined in terms of clause (e) of sub-
regulation (2) of regulation 8.
Not Applicable, since the proposed transfer of
equity shares of the TC will be by way of a gift
and no consideration will be paid.
8. Declaration by the acquirer, that the
acquisition price would not be higher by
more than 25% of the price computed in
point 6 or point 7 as applicable.
Not Applicable, since the proposed transfer of
equity shares of the TC will be by way of a gift
and no consideration will be paid.
9. Declaration by the acquirer, that the
Transferor and Transferee have complied
/ will comply with applicable disclosure
requirements in Chapter V of the
Takeover
Regulations,
2011
(corresponding provisions of the repealed
Takeover Regulations 1997)
We hereby declare that the Transferor and
Transferee have complied / will comply with
applicable disclosure requirements in Chapter V
of the Takeover Regulations, 2011 (corresponding
provisions of the repealed Takeover Regulations
1997).
10. Declaration by the acquirer that all the
conditions specified under regulation
$10(1)(a)$ with respect to exemptions has
been duly complied with.
We hereby declare that all the conditions, as
applicable to this transaction, as specified under
Regulation
10(1)(a)
of
SEBI
(Substantial
Acquisition of Shares and Takeovers) Regulations,
2011 with respect to exemptions have been duly
complied with.
11. Shareholding details Before the
After the
Proposed transaction Proposed transaction
No. of % w.r.t No. of % w.r.t
shares total shares total
/voting
rights
share
capital of
/voting
Rights
share
capital of
TC TC
a Acquirer(s) and PACs (other than
sellers)
1. Yuv Bharat Ram 4,800 0.03% 18,72,575 10.03%
2. Rahil Bharat Ram 4,852 0.03% 18,72,627 10.03%
$\mathbf b$ Seller
Mr. Sumant Bharat Ram 90,56,932 48.49% 53,21,382 28.49%
Ŋ $\sqrt{}$

Yuv Bharat Ram
(Acquirer/Promoter & Director of DCM)

Rahil Bharat Ram
(Acquirer/Promoter & Director of DCM)