Promoter Madhav Bansidhar Shriram sold 36,47,854 shares of DCM Shriram International Limited for ₹22.95 Cr at ₹62.90 apiece in an off-market transaction on March 13, 2026, reducing their stake from 4.19% to 0.00%. This was a full exit.
A diversified engineering and manufacturing enterprise carrying forward the legacy of the century-old DCM Group, with operations spanning rayon fiber production, defence equipment including armoured vehicles and unmanned aerial systems, and ISO-certified shipping containers. The company also provides contract engineering services and conducts industrial research, serving clients across military, navy, shipping, automotive, and chemical sectors. Its breadth of capabilities across defence and industrial manufacturing distinguishes it among diversified engineering companies.
