DCM Shriram Ind 35th AGM held; final dividend of 20% recommended for FY26
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The 35th AGM of DCM Shriram Industries was held on July 15, 2026 via video conference, attended by 12 directors and 136 members. The Board recommended a final dividend of Re 0.40 per share (20%) for FY26, citing geo-political uncertainties and the need to conserve resources for debt servicing and capex. Six resolutions were tabled, including adoption of financial statements, dividend, reappointment of two retiring directors, cost auditor fee approval, and appointment of Sanjay Rastogi as Director and COO (DSW). 40 shareholders raised queries. Voting results due within 2 days.
Final dividend of Re 0.40 per share declared; modest payout reflects caution amid geo-political uncertainty and ongoing capex needs.