Dcm Shriram Industries Limited has informed the Exchange about update on composite Scheme of Arrangement.
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DCM Shriram Industries has informed exchanges that the NCLT New Delhi bench has scheduled a physical hearing on 23rd September 2025 for its composite scheme of arrangement. The scheme involves merging Lily Commercial Private Limited (transferor) into DCM Shriram Industries, while reorganising the business into two resultant companies — DCM Shriram Fine Chemicals and DCM Shriram International. The NCLT order was passed on 31st July 2025 and made available on the court website on 22nd August 2025. This follows the company's earlier disclosure dated 10th July 2025 and is being reported under SEBI LODR Regulation 30.
The next milestone for shareholders is the NCLT hearing in September. Until the scheme is approved, shareholding structure and business mix remain unchanged, but approval could lead to a restructured entity with separate listed or unlisted arms.