DCM Shriram Fine Chemicals Limited has informed the Exchange regarding Appointment of as Other of the company w.e.f. March 03, 2026.
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DCM Shriram Fine Chemicals has appointed two new Additional Directors (Non-Independent, Non-Executive) effective March 3, 2026, subject to shareholder approval. Mr. Alok Bansidhar Shriram (DIN: 00203808) is the Senior MD & CEO of group company DCM Shriram Industries Limited and has 44+ years of senior management experience, including roles at PHDCCI and FICCI. Mr. Sunil Behari Mathur (DIN: 00013239) is a Fellow Chartered Accountant and former Chairman of LIC of India and former Non-Executive Chairman of NSE. Both have confirmed they are not debarred from holding directorship under any SEBI or other authority order. The board composition will continue to comply with the Companies Act, 2013 and SEBI LODR Regulations.
The appointments strengthen the board with a mix of promoter-family representation (Shriram) and heavyweight financial-market expertise (Mathur's LIC and NSE background), which is generally viewed positively for governance and strategic oversight. Near-term stock impact is likely neutral since both are non-executive roles and shareholder approval is still pending.