Dividend13 May 2026, 06:51 pm
DCM Shriram Recommends 200% Final Dividend for FY26
AI Summary
DCM Shriram Ltd's board recommended a final dividend of 200% (₹4 per share) for FY26, subject to shareholder approval at the AGM on August 18, 2026. If approved, the total dividend for FY26 will be 560% (₹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 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%).
- 37th AGM to be held on August 18, 2026.
- Cancellation of 39,00,000 forfeited equity shares approved, subject to shareholder approval.
- Approved financial assistance of up to ₹100 crores to HSCL for capacity expansion.
Price Impact
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