The Exchange had sought clarification from DCM Shriram International Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted is not as per format prescribed under Schedule III of the Companies Act. -2. 2013 or as per Indian Accounting Standard. The response of the Company is enclosed.
DCMSIL · price
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NSE had asked DCM Shriram International to explain why its financial results for Q3 FY26 (ended Dec 31, 2025) didn't match the standard format under Schedule III of the Companies Act and Indian Accounting Standards. The company replied that it has only an associate company (no subsidiaries), so it has used the equity method of accounting under Ind AS 28 to report its share of the associate's profit or loss as a single line item. This is why the standalone and consolidated profit and loss figures are identical except for one line item (share of associate's profit/loss) and its tax impact. The company confirmed full compliance with the applicable accounting standards.
This is a routine accounting clarification, not a penalty or adverse action. No material impact on shareholders or stock price is expected as the company has justified its reporting format in line with accounting rules.