DCM Shriram Limited has informed the Exchange about General Updates
DCMSHRIRAM · price
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DCM Shriram Limited has initiated a Postal Ballot process to seek shareholder approval for shifting its registered office from Delhi to Haryana, along with related amendments to its Memorandum of Association. Newspaper advertisements about the postal ballot were published in Financial Express (English) and Jansatta (Hindi) on May 3, 2025. Shareholders can vote through remote e-voting between May 5, 2025 (9:00 AM) and June 3, 2025 (5:00 PM). If passed by the requisite majority, the special resolution will be deemed passed on June 3, 2025, with results announced by June 5, 2025. The Scrutinizer for the process is Mr. Sanjay Grover & Associates, Company Secretaries.
This is a routine corporate administrative action that requires shareholder approval since it involves changing the registered office to a different state. It does not affect business operations, revenues, or dividends, but signals the company's preference for Haryana as its legal home, possibly for tax or regulatory benefits.