DCM Shriram Recommends Cancellation of 39 Lakh Forfeited Shares

DCM Shriram Ltd's board has recommended to shareholders the cancellation of 39,00,000 forfeited equity shares at its meeting on May 13, 2026. The board also approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of 200% (₹4 per share). The 37th AGM will be held on August 18, 2026. Additionally, the board approved a capital expenditure plan for Hindusthan Specialty Chemicals Ltd and financial assistance of up to ₹100 crores.