Promoter Alok Bansidhar Shriram increased his stake in DCM Shriram Industries from 2.75% to 10.28% by acquiring 65,53,596 shares for ₹22.27 Cr at ₹33.98 apiece in an off-market transaction, crossing the 5% disclosure threshold.
A vertically integrated producer, DCM Shriram Industries manufactures sugar, alcohol, power, chemicals, and industrial fibers across multiple manufacturing facilities in India. The company has diversified into emerging sectors including unmanned aerial vehicles and drone technology. Its integrated operations spanning traditional commodities and new-age products position it as a diversified industrial enterprise serving domestic and export markets.
