In August 2023, DCM Shriram Group approved a scheme of arrangement involving amalgamation of Lily Commercial Pvt. Ltd. with DCM Shriram Industries Ltd.

DCM Shriram Industries Ltd. is trading above its 150 day SMA of 178.2

DCM Shriram Industries Ltd.

17 Sep 2024

178.88

-0.03%

LIC pares its holding in DCM Shriram Industries by over 2% to 4.66%

Business Standard

Life Insurance Corporation (LIC) on Tuesday said it has pared its stake in DCM Shriram Industries by more than 2 per cent to 4.66 per cent over a period of about three years. In a regulatory filing, LIC said there is a net decrease of 2.016 per cent in its holding in DCM Shriram during the period October 8, 2021, and September 13, 2024. The shares were sold at an average price of Rs 110.072. "...the Life Insurance Corporation of India has decreased its shareholding in equity shares of DCM Shriram Industries Ltd from 58,06,760 to 40,52,635 i.e., 6.675 per cent to 4.659 per cent of the paid-up capital of the said company," LIC said. DCM Shriram Industries is primarily engaged in production and sale of sugar, alcohol and industrial fibres. Shares of DCM Shriram Industries settled 1.77 per cent lower at Rs 194 apiece on the BSE.

DCM Shriram Industries Ltd. is trading below its 200 day SMA of 185.0

DCM Shriram Industries Ltd.

17 Sep 2024

178.88

-0.03%

Company Update

DCM SHRIRAM INDUSTRIES LTD.-$ - 523369 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

BSE India

Observation Letter

pdf

DCM Shriram Industries Ltd.

17 Sep 2024

178.88

-0.03%

SAST

DCM SHRIRAM INDUSTRIES LTD.-$ - 523369 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

BSE India

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India

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