
AGM/EGM14 Jul 2026, 09:20 pm
DCM Shriram Fine Chemicals Approves Alteration of Articles of Association
AI Summary
DCM Shriram Fine Chemicals Ltd announced that its members have approved the alteration of the Articles of Association (AOA) at the 5th Annual General Meeting (AGM) held on July 14, 2026. The changes primarily involve Article 74, introducing new sub-clauses (iii) and (iv). These amendments allow the Board to appoint the managing director and/or chief executive officer as the chairperson, subject to SEBI Listing Regulations. Additionally, the managing director appointed by the Board will not be liable to retire by rotation, as per Section 152 of the Act. The company has made these details available on its website and in an annexure to the filing.
Key Highlights
- Members approved alterations to the Articles of Association at the AGM.
- New clauses allow MD/CEO to be appointed as Chairperson.
- Managing Director appointed by the Board will not retire by rotation.
- Changes are subject to SEBI Listing Regulations and relevant Acts.
Price Impact
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