StockWatch
·
Diversified
Dividend13 May 2026, 06:52 pm

DCM Shriram Recommends 200% Final Dividend for FY26

AI Summary

DCM Shriram Ltd's board recommended a final dividend of 200%, or ₹4 per share (face value ₹2), for FY26, subject to shareholder approval at the 37th AGM on August 18, 2026. If approved, the total dividend for FY26 will be 560%, or ₹11.20 per share, including two interim dividends of 180% each. The board also approved the audited financial results for FY26 and the cancellation of 39,00,000 forfeited equity shares. Additionally, it considered and approved financial assistance of up to ₹100 crores to its subsidiary, Hindusthan Specialty Chemicals Ltd, for capacity expansion.

Key Highlights

  • DCM Shriram recommends a final dividend of ₹4 per share (200%) for FY26.
  • Total dividend for FY26, if approved, will be ₹11.20 per share (560%).
  • The 37th AGM is scheduled for August 18, 2026.
  • Board approved cancellation of 39,00,000 forfeited equity shares.
  • ₹100 crore financial assistance approved for Hindusthan Specialty Chemicals Ltd.