DCM Shriram Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
DCMSHRIRAM · price
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DCM Shriram Limited has submitted the scrutinizer's report for a postal ballot conducted to seek shareholder approval for shifting the company's registered office from Delhi to the State of Haryana, along with consequential amendments to the Memorandum of Association. The special resolution was passed with overwhelming support — 99.96% of valid votes (11,96,70,578 out of 11,97,13,076) were cast in favour, while only 0.0355% (42,498 votes) were against it. A total of 337 shareholders participated via remote e-voting conducted through NSDL. The company noted that the office shift will only become effective after receiving approval from the Regional Director (Ministry of Corporate Affairs) and a fresh Certificate of Incorporation from the Registrar of Companies.
This is a routine administrative/regulatory action with no direct impact on the stock price or shareholder value. The near-unanimous approval reflects strong shareholder consensus, and the actual relocation remains pending regulatory clearance from the MCA.