DCM Shriram Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
DCMSHRIRAM · price
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Awaiting price reaction for this filing.
DCM Shriram Limited shareholders have approved a special resolution to shift the company's registered office from Delhi to Haryana, along with consequential amendments to the Memorandum of Association. Out of 15.59 crore total equity shares, 11.97 crore valid votes were polled (76.77% participation), with an overwhelming 99.96% voting in favor and just 0.04% against. Promoters voted 100% in favor with 10.37 crore shares, while public institutions and non-institutions also backed the move with 99.73% and 99.84% approval respectively. The e-voting was conducted between May 5 and June 3, 2025, and scrutinized by M/s Sanjay Grover & Associates. The actual shift of registered office will only become effective after approval from the Regional Director (Ministry of Corporate Affairs) and issuance of a fresh Certificate of Incorporation by the Registrar of Companies.
This is a routine administrative restructuring with near-unanimous shareholder backing and negligible dissent, so it should not materially affect the stock price or shareholder value. The change is still subject to regulatory approval before it takes effect.