DCM Shriram Industries receives ₹16.59 crore tax refund for FY2018

DCM Shriram Industries received a further Income Tax refund of ₹16.59 crore including interest for the financial year ended 2018. The disclosure was made to the stock exchanges under Regulation 30 of the SEBI (LODR) Regulations, 2015.

The company informed BSE Ltd and the National Stock Exchange of India Ltd regarding the tax-related position. The refund pertains to the financial year ended 2018, as stated in the filing submitted on July 20, 2026.

Material Litigation Details

The filing categorized the refund under material litigation. The table below outlines the key details provided in the regulatory disclosure.

Litigation Details	Description
Brief details of litigation	The Company has received a further Income Tax Refund of Rs. 16.59 Crore including interest pertaining to financial year ended 2018.
Expected financial implications	N.A.
Quantum of claims	N.A.

Y.D. Gupta, Company Secretary & Compliance Officer, signed the disclosure on behalf of the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.20%	+2.22%	+8.86%	+3.33%	-19.39%	-53.13%

DCM Shriram Industries Ltd approved a final dividend of Re.0.40 per equity share of Rs.2 each for the financial year ended March 31, 2026, at its 35th Annual General Meeting held on July 15, 2026. The dividend declaration, translating to a 20% payout, was part of six ordinary resolutions passed by shareholders with an overwhelming majority through remote e-voting and e-voting during the meeting. The meeting was conducted via video conference in compliance with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

Shri S.B. Mathur, Non-Executive Chairman, chaired the meeting, which was attended by 136 members and representatives. The statutory auditors, BSR & Co. LLP, and secretarial auditors, Chandrasekaran Associates, were present alongside senior executives. The voting process was scrutinized by Kamaljit Singh of M/s. K Singh & Associates, Company Secretaries, who confirmed that all resolutions received the requisite majority.

Voting Results Summary

The resolutions adopted included the adoption of audited financial statements for FY26, the declaration of dividend, and the reappointment of Shri Sunil Behari Mathur and Smt. V Kavitha Dutt as directors liable to retire by rotation. Shareholders also ratified the remuneration of cost auditors and appointed Shri Sanjay Rastogi as Director & Chief Operating Officer (DSW).

Resolution	Votes In Favour	Votes Against	% Favour
Financial Statements Adoption	51,097,991	995	99.98
Dividend Declaration	51,098,271	715	99.98
Reappointment of Shri Sunil Behari Mathur	51,024,407	58,379	99.83
Reappointment of Smt. V Kavitha Dutt	50,977,312	105,474	99.74
Cost Auditor Remuneration Ratification	51,081,791	995	99.94
Appointment of Shri Sanjay Rastogi as COO	51,046,500	36,286	99.87

Operational and Financial Review

Shri Madhav B. Shriram, Managing Director & CEO, addressed the gathering, reviewing the financial and operational results for FY26. He discussed the impact of geopolitical developments on the economy and acknowledged the guidance of the directors and the support of customers, bankers, and employees. Forty shareholders registered as speakers, raising queries about the company's operations and future plans, which were addressed by the management.

The remote e-voting commenced on July 10, 2026, and concluded on July 14, 2026. The votes were unblocked on July 15, 2026, at 1:07 PM in the presence of witnesses Mr. Ashish Jha and Ms. Richa Dhuria. The total number of shareholders on the record date of July 3, 2026, was 59,741.