StockWatch
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Diversified
Board Meeting13 May 2026, 06:31 pm

DCM Shriram: Final Dividend of 200% Recommended

AI Summary

DCM Shriram Ltd's board approved the audited financial results for FY26 and recommended a final dividend of 200% (₹4 per share). The 37th AGM will be held on August 18, 2026. The board also approved the cancellation of 39,00,000 forfeited equity shares and a capital expenditure plan for its subsidiary, Hindusthan Specialty Chemicals Ltd (HSCL).

Key Highlights

  • Approved audited financial results (standalone and consolidated) for FY26.
  • Recommended a final dividend of 200% (₹4 per share), subject to shareholder approval.
  • Approved convening the 37th AGM on August 18, 2026.
  • Approved cancellation of 39,00,000 forfeited equity shares.
  • Approved HSCL's ₹101 crore capital expenditure plan and financial assistance up to ₹100 crore.