DCM Shriram Fine Chemicals Ltd. has appointed Mr. Nitin Atroley and Mr. Alok Bansidhar Shriram to its Board effective July 15, 2026, following a meeting held on July 14, 2026. The Board approved the appointments on the recommendation of the Nomination and Remuneration Committee to strengthen governance and leadership. Mr. Atroley joins as a Non-Executive Independent Director for a term of five years, while Mr. Shriram has been appointed as the Non-Executive Chairman for a one-year term.

Mr. Nitin Atroley, aged 60, brings over three decades of experience in corporate strategy, governance, and talent management. He previously served as the Chief Strategy, People and Corporate Affairs Officer at KPMG India and held leadership roles at EY India, Arthur Andersen, and Star India. His appointment is subject to the approval of the Company's Members as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Alok Bansidhar Shriram, aged 65, is the Managing Director & CEO of DCM Shriram International Limited and has over 46 years of experience in senior management. He was already serving as a Non-Executive Non-Independent Director of the company. His new role as Chairman is effective for one year from July 15, 2026. He is associated with industry bodies such as PHD Chamber of Commerce and Industry and FICCI.

The disclosures regarding the appointments were made in compliance with Regulation 30 of the SEBI Listing Regulations and read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company confirmed that neither appointee is debarred from holding the office of Director by any SEBI order or other authority. The Board meeting commenced at 2:00 PM and concluded at 3:32 PM on July 14, 2026.

Appointment Details

DCM Shriram Fine Chemicals Limited has scheduled its 5th Annual General Meeting (AGM) for Tuesday, July 14, 2026, at 11:30 AM IST via Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The meeting will transact ordinary and special business, including the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026. The company reported a net loss of ₹4.30 crore for the financial year, attributed to geopolitical situations, demand shrinkage, and one-time charges.

AGM Schedule and Key Dates

The company has established the following schedule for the AGM proceedings:

Business Agenda and Special Resolutions

The Board recommends a maiden dividend of ₹0.40 per equity share (20%) on 8,69,92,185 fully paid-up shares of ₹2 each. Special resolutions include paying commission to Non-Executive Directors not exceeding 1% of net profits per annum under Section 198 of the Companies Act, 2013, effective from FY 2026-27. The Articles of Association are proposed to be amended to allow the Managing Director and/or CEO to serve as Chairperson and to exempt the Managing Director from retiring by rotation.

Financial Performance

The company reported a decline in performance for FY 2025-26 due to one-time costs, including ₹4.55 crore for power arrears and a ₹3.10 crore loss on land transfer. Key standalone and consolidated metrics are:

*Figures from Restated Financial Statements for the year ended March 31, 2025.

Corporate Governance and Compliance

Mr. Kamaljit Singh, Practicing Company Secretary, has been appointed as the Scrutinizer for remote e-voting and the AGM. The Register of Members and Share Transfer Books will remain closed from July 3, 2026, to July 14, 2026. Documents are available on the company's website and with KFin Technologies Limited, the Registrar and Transfer Agent.