StockWatch
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Diversified
Dividend13 May 2026, 06:51 pm

DCM Shriram: Final Dividend Recommended at ₹4 Per Share

AI Summary

DCM Shriram Ltd's board approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of 200% (₹4 per share). This brings the total dividend for FY26 to 560% (₹11.20 per share). The board also approved convening the 37th AGM on August 18, 2026, and considered the cancellation of 39,00,000 forfeited equity shares. Additionally, they approved a ₹100 crore financial assistance to Hindusthan Specialty Chemicals Ltd for capacity expansion.

Key Highlights

  • Final dividend of ₹4 per share recommended, totaling ₹11.20 for FY26.
  • 37th AGM to be held on August 18, 2026.
  • Cancellation of 39,00,000 forfeited equity shares considered.
  • ₹100 crore financial assistance approved for HSCL's capacity expansion.
  • Audited financial results for FY26 approved with unmodified opinion.