DCM Shriram declares ₹4 final dividend at 37th AGM

DCM Shriram Limited declared a final dividend of ₹4 per equity share during its 37th Annual General Meeting (AGM) held on August 18, 2026. The payout follows two interim dividends of ₹3.60 each already paid during FY26. The company’s shareholders approved the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026.

The meeting was conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), adhering to SEBI and Ministry of Corporate Affairs (MCA) regulations. Mr. Ajay S. Shriram, Chairman & Sr. Managing Director, presided over the proceedings. A total of 86 members attended the virtual session.

Key Resolutions Passed

Shareholders approved several ordinary and special resolutions. Key outcomes included:

Reappointment of Mr. Ajit S. Shriram and Mr. Pradeep Dinodia as directors upon retirement by rotation.
Appointment of Justice (Retd.) Sanjay Kishan Kaul and Ms. Rumjhum Chatterjee as Independent Directors for five-year terms.
Ratification of remuneration for Cost Auditors for FY26.
Cancellation of 39,00,000 forfeited equity shares.

The Board also sought approval for revised remuneration for Mr. Varun A. Shriram (₹1.80 crore per annum from April 1, 2027) and Ms. Tara A. Shriram (₹1 crore per annum from April 1, 2026).

Audit and Compliance

The Statutory Auditors’ Report and Secretarial Auditors’ Report for FY26 contained no qualifications or modifications. Deloitte Haskins & Sells served as Statutory Auditors, while M/s RMG & Associates acted as Secretarial Auditors. All requisite statutory registers were available for inspection during the meeting.

What the Numbers Show

The total dividend payout for FY26 stands at ₹11.20 per share (two interim dividends of ₹3.60 plus the final dividend of ₹4). This represents a structured distribution strategy across the fiscal year, with the final dividend accounting for approximately 36% of the total annual payout.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.79%	+1.02%	+0.34%	-7.26%	-19.17%	+1.75%

DCM Shriram Consolidated Limited has informed stock exchanges of the cessation of two of its Independent Directors upon completion of their second term. Mr. Pravesh Sharma (DIN: 02252345) and Justice (Retd.) Vikramajit Sen (DIN: 00866743) completed their second term as Independent Directors of the Company on 8th August 2026, and shall cease to hold their positions effective 9th August 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Cessation of Independent Directors

With the conclusion of their second term, both directors will also relinquish their positions as Member or Chairman of the various Committees of the Board where they currently hold such roles. The key details of the cessation, as disclosed under the applicable regulatory framework, are summarised below:

Parameter:	Mr. Pravesh Sharma	Justice (Retd.) Vikramajit Sen
DIN:	02252345	00866743
Reason for Cessation:	Completion of second term as Independent Director	Completion of second term as Independent Director
Effective Date of Cessation:	9th August 2026	9th August 2026
Brief Profile (Appointment):	Not Applicable	Not Applicable
Disclosure of Relationships (Appointment):	Not Applicable	Not Applicable

Board's Acknowledgement

The Board of DCM Shriram Limited placed on record its deep appreciation and sincere thanks to Mr. Pravesh Sharma and Justice (Retd.) Vikramajit Sen for the valuable advice and guidance provided to the Company during their tenure as Independent Directors.

Regulatory Compliance

The requisite disclosure has been made in accordance with Regulation 30 of the Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026. The intimation was signed by Deepak Gupta, Company Secretary and Compliance Officer of DCM Shriram Limited, and the information has also been hosted on the Company's website.