Rama Investment Company Private Limited (RICPL), acting in concert with its Persons Acting in Concert (PAC), has disclosed an acquisition resulting in a total holding of 55.84% in Dalmia Bharat Limited (DBL). This disclosure details the change in shareholding following an on-market inter-se transfer within the promoter group, dated March 24, 2026. RICPL’s direct holding increased by 0.21%, moving its share count to 94,51,790 equity shares post-acquisition.
Disclosure of Shareholding Change in Dalmia Bharat Limited
Rama Investment Company Private Limited (RICPL), identified as an acquirer belonging to the Promoter Group, has filed disclosures concerning a change in its holding in the Target Company (TC), Dalmia Bharat Limited (DBL). This transaction involved an on-market inter-se transfer between members of the promoter group (through Block Deal), finalized on March 24, 2026.
Pre and Post Acquisition Shareholding Summary
Before the transaction, the combined holding of RICPL and its Persons Acting in Concert (PAC) in DBL stood at 55.84% of the total share/voting capital. RICPL individually held 90,63,790 shares (4.83%), while the PAC held 9,56,67,758 shares (51.01%).
The details of the acquisition/sale show that RICPL (acquirer) acquired 3,88,000 shares, representing 0.21%, from Keshav Power Limited (seller), which correspondingly reduced its stake by 0.21%. The net change in total acquisition/sale was 0 shares.
Resulting Post-Acquisition Stake
Following the transaction, the total holding of RICPL and its PAC remains substantial:
- Rama Investment Company Private Limited (Acquirer) now holds 94,51,790 shares, representing 5.04% of the voting rights.
- The PAC now holds 9,52,79,758 shares, representing 50.80% of the voting rights.
- The Total holding remains at 10,47,31,548 shares, equivalent to 55.84% of the total capital.
Capital Structure Details
The total equity share capital of Dalmia Bharat Limited before and after the transaction remained unchanged:
Equity share capital / total voting capital of the TC before the said acquisition / sale was 18,75,65,953 Equity Shares of Rs. 2/- each. This figure was identical after the acquisition, confirming the transfer was strictly within the existing promoter structure without affecting the public float or total capital base.
Persons Acting in Concert (PAC) List Confirmation
RICPL confirmed that it belongs to the Promoter Group. The detailed list of 69 Persons Acting in Concert (PAC) with RICPL includes various individuals, HUFs, and corporate entities such as Shri Y.H.Dalmia, Smt. Kavita Dalmia, Dalmia Bharat Sugar and Industries Limited, and multiple private trusts and investment companies, all of which confirm the controlling group association.
Source: BSE
