DCM Shriram Limited has informed the Exchange about recommendation of the Audit Committee,the Board has recommended the appointment of M/s. RMG & Associates, Practicing Company Secretaries (FRN: P2001DE016100), as Secretarial Auditors of the Company for a period of 5 (five) consecutive years from the conclusion of 36th AGM till the conclusion of the 41st AGM
DCMSHRIRAM · price
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DCM Shriram's board approved audited standalone and consolidated financial results for Q4 and FY ending March 31, 2025, with Deloitte Haskins & Sells issuing an unmodified opinion. The board recommended a final dividend of Rs. 3.40 per share (170%) on the Rs. 2 face value, taking total FY25 dividend to Rs. 9 per share (450%), inclusive of two interim dividends paid earlier. The 36th AGM is set for August 12, 2025, with August 5, 2025 as the record date. Mr. Ajit S. Shriram (promoter family) has been recommended for re-appointment as Joint Managing Director for another 5-year term from May 2, 2026. Justice (Retd.) Vikramajit Sen's continuation as Independent Director beyond age 75 has also been recommended. M/s RMG & Associates has been proposed as Secretarial Auditor for a 5-year term through 2030.
Shareholders will receive a strong total dividend of Rs. 9 per share for FY25, signaling healthy cash generation. Re-appointment of the promoter-family Joint MD provides leadership continuity, while the clean audit opinion supports confidence in reported financials. Overall, a positive outcome combining results, dividends, and stable governance.