StockWatch
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Diversified
Board Meeting26 Oct 2026, 06:10 pm

DCM Shriram Board Approves ₹375 Cr Capex, Interim Dividend

AI Summary

DCM Shriram's Board of Directors has approved significant capital expenditures totaling ₹375 crores. This includes ₹50 crores for a joint venture in speciality PVC grades, ₹60 crores for filter presses at its cement plant, ₹145 crores for a solar power plant at its Kota complex, and ₹120 crores for additional electrolyzers at its caustic plants. Additionally, the Board declared an interim dividend of 200% (₹4 per equity share) for FY27 and approved the appointment of Mr. Salil Vishwanath as a Nominee Director. The Board also approved the unaudited financial results for the quarter and half-year ended September 30, 2026.

Key Highlights

  • Board approves capital expenditures totaling ₹375 crores.
  • Interim dividend of 200% (₹4 per share) declared for FY27.
  • Approves ₹50 Cr equity contribution to Shriram Teknor JV.
  • Appoints Mr. Salil Vishwanath as Nominee Director.
  • Unaudited financial results for Q2 FY27 approved.