4th AGM held; Board recommends 20 percent dividend for FY26
DCMSIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
DCM Shriram International held its 4th AGM on 16 July 2026 via video conference with 159 members attending. Chairman noted geopolitical and macroeconomic headwinds led to a decline in turnover and adversely impacted profits. Board recommended a 20 percent dividend (Rs 0.40 per share of Rs 2 face value) for FY26. Resolutions included adoption of financials, reappointment of Ms Kanika Shriram, cost auditor remuneration, acceptance of public deposits, commission to non-executive directors, and alteration of Articles. Voting results due within 2 working days.
Profit declined from macro headwinds but 20 percent dividend signals cash flow stability. Voting results pending within 2 working days.