DCM Nouvelle Limited shareholders have approved the re-appointment of two independent directors through a remote e-voting process that concluded on June 05, 2026. The resolutions sought approval for Mr. Vivek Chhachhi and Mr. Kulbir Singh to serve as Non-Executive Independent Directors, securing over 99.8% of the votes cast in favour of the proposals.

The postal ballot was conducted pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Pragnya Parimita Pradhan, Proprietor of M/s Pragnya Pradhan and Associates, served as the Scrutinizer for the process and submitted the report confirming the results.

Voting Results Summary

The resolutions were passed with the requisite majority. A total of 11,062,125 valid votes were polled, representing 59.2262% of the total outstanding shares of the company.

Details of Resolutions

The first resolution approved the re-appointment of Mr. Vivek Chhachhi (DIN: 00496620) for a second term of five consecutive years, effective from April 01, 2026 to March 31, 2031. The second resolution approved the re-appointment of Mr. Kulbir Singh (DIN: 00204829) for a period from June 22, 2026 to May 11, 2027. Both were special resolutions.

Voting Breakdown

The remote e-voting period commenced on May 07, 2026, and concluded on June 05, 2026. The Promoter and Promoter Group cast 9,359,149 votes in favour of both resolutions, while Public-Institutions cast 12,034 votes. Public Non-Institutions cast 1,689,168 votes in favour and 1,774 votes against the resolutions.

The detailed results have been uploaded on the company's website and the website of the E-Voting agency, National Securities Depository Limited.

DCM Nouvelle Limited has reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at its meeting held on May 15, 2026. The statutory auditors, Walker Chandiok & Co LLP, issued an unmodified opinion on the annual financial results.

Standalone Financial Performance

On a standalone basis, the company reported a net loss after tax of ₹1,802 lakh for the full year FY26, a reversal from the net profit of ₹2,267 lakh in FY25. Total income from operations for FY26 stood at ₹1,01,517 lakh, compared to ₹1,05,845 lakh in the previous year. For the quarter ended March 31, 2026, the company reported a net profit after tax of ₹771 lakh, up from ₹714 lakh in the corresponding quarter of the previous year. The basic and diluted earnings per share (EPS) for the full year was -9.65, compared to 12.14 in FY25.

Consolidated Financial Performance

On a consolidated basis, net profit after tax for FY26 was ₹164 lakh, a significant decline from ₹602 lakh in FY25. Total income from operations for the year decreased to ₹1,02,707 lakh from ₹1,07,589 lakh in the previous year. For Q4 FY26, consolidated net profit after tax was ₹397 lakh, compared to ₹530 lakh in Q4 FY25. The consolidated basic and diluted EPS for the full year stood at 1.93, down from 4.77 in the prior year.

Exceptional Items and Segment Performance

The standalone financial results included exceptional items amounting to ₹3,747 lakh for FY26, primarily comprising a provision for impairment in the value of investment in a subsidiary and the statutory impact of New Labour Codes. The consolidated results included exceptional items of ₹192 lakh for the year. The company operates in two reportable segments: Textiles and Chemicals. The Textiles segment reported revenue of ₹1,01,517 lakh for FY26, while the Chemicals segment reported revenue of ₹1,190 lakh.