Audited Financial Results (both Standalone and Consolidated) for the quarter and Financial year ended 31st March 2025 and Outcome of Board Meeting
DCMSHRIRAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
DCM Shriram's Board, at its meeting on 5th May 2025, approved audited standalone and consolidated financial results for the quarter and financial year ended 31st March 2025, with Deloitte Haskins & Sells issuing an unmodified (clean) opinion. The Board has recommended a final dividend of 170% (Rs. 3.40 per share on Rs. 2 face value), taking total FY25 dividend to 450% or Rs. 9 per share, including two interim dividends declared in October 2024 and January 2025. The 36th AGM is scheduled for 12th August 2025, with 5th August 2025 as the record date. The Board also recommended re-appointment of Mr. Ajit S. Shriram as Joint Managing Director for 5 years from 2nd May 2026, continuation of Justice (Retd.) Vikramajit Sen as Independent Director beyond age 75, and appointment of M/s RMG & Associates as Secretarial Auditors for 5 years.
Strong total dividend payout of Rs. 9 per share signals healthy cash generation and shareholder-friendly capital allocation. Clean audit opinion with no qualifications reinforces confidence in financial reporting. Re-appointment of key promoter executive ensures management continuity ahead of the next term.