DCM Shriram Limited has informed the Exchange about Based on the recommendation of the Nomination, Remuneration & Compensation Committee, recommended the re-appointment of Mr. Ajit S. Shriram (DIN: 00027918) as Joint Managing Director of the Company for a term of 5 consecutive years with effect from 2nd May 2026 to the shareholders for their approval at the ensuing 36th AGM
DCMSHRIRAM · price
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DCM Shriram's board approved audited financial results (standalone and consolidated) for Q4 and FY ending March 31, 2025, with an unmodified (clean) opinion from statutory auditor Deloitte Haskins & Sells. The board recommended a final dividend of Rs. 3.40 per share (170%), taking total FY25 dividend to Rs. 9 per share (450%) including interim dividends already paid. The board also recommended re-appointment of Mr. Ajit S. Shriram (promoter family, Joint MD) for another 5-year term starting May 2, 2026, and continuation of Justice (Retd.) Vikramajit Sen as Independent Director beyond age 75. Additionally, RMG & Associates was recommended as Secretarial Auditor for 5 years, and the 36th AGM was fixed for August 12, 2025 with record date of August 5, 2025.
A robust total dividend of Rs. 9 per share (a healthy yield on the Rs. 2 face value) signals strong cash generation and shareholder rewards. Clean audit opinion, promoter continuity at the top, and stable governance should be positive for long-term shareholders.