
DCM Shriram Declares 200% Interim Dividend for FY'27
DCM Shriram's Board of Directors has approved an interim dividend of 200%, amounting to ₹4 per equity share, for the Financial Year 2026-27. The record date for this dividend is October 30, 2026. The board also approved unaudited financial results for the quarter and half-year ended September 30, 2026. Additionally, the company announced a capital expenditure of up to ₹50 crores in its joint venture, Shriram Teknor Limited, for new manufacturing lines. Other approvals include capital expenditure for filter presses at the cement plant (up to ₹60 crores), a solar power plant at the Kota complex (up to ₹145 crores), and additional electrolysers for caustic plants (up to ₹120 crores). The board also approved the appointment of Mr. Salil Vishwanath as a Nominee Director representing LIC, replacing Mr. Rabinarayan Mishra.
Key Highlights
- Interim dividend of 200% (₹4 per share) declared for FY'27.
- Record date for dividend is October 30, 2026.
- Approved unaudited financial results for Q2 & H1 FY27.
- ₹50 crore investment in Shriram Teknor JV for new manufacturing lines.
- Approved significant capital expenditures for cement, solar, and caustic plants.
Price Impact
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