DCM Shriram consolidated has completed the allotment of Non-Convertible Debentures worth ₹440 crores through private placement, with the maturity date scheduled for May 15, 2036. The company informed both BSE Limited and National Stock Exchange of India about this significant fundraising initiative under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Debenture Issue Structure

The debenture issue comprises 4,400 units with specific parameters that define its comprehensive structure:

Tenure and Interest Framework

The debentures carry a 10-year tenure with the allotment date set for March 11, 2026, and maturity scheduled for May 15, 2036. The interest structure features a floating rate linked to MIBOR OIS rate as per the terms of the Debenture Trust Deed.

Repayment follows a half-yearly schedule, occurring on November 15 and May 15 of each year. The repayment cycle commences from November 15, 2028, providing the company with an initial period before principal repayments begin.

Security and Collateral Arrangements

The debentures are backed by comprehensive security arrangements over the company's Bharuch Unit assets:

Redemption and Terms

The redemption will be executed according to the debenture trust deed terms, with the final redemption date being May 15, 2036. The debentures do not carry any special rights, interests, or privileges, maintaining a straightforward debt instrument structure. The company has confirmed no delays in payment or defaults, with all terms clearly defined in the regulatory filing.

DCM Shriram Limited announced the appointment of two Additional Directors following a board meeting held on March 02, 2026. The appointments were made based on recommendations from the Nomination and Remuneration Committee and are subject to shareholder approval.

Board Appointments Details

The board approved the following appointments effective March 03, 2026:

Both directors have confirmed their eligibility to hold directorship positions and are not debarred under the Companies Act, 2013, SEBI LODR Regulations, or any other regulatory authority.

Meeting Timeline

The board meeting details were as follows:

Director Profiles

Mr. Alok Bansidhar Shriram

Mr. Alok Bansidhar Shriram serves as the Managing Director & CEO of DCM Shriram International Limited and brings over 44 years of experience in senior management positions. He is the Vice Chairman of Shriram Institute for Industrial Research, Delhi, which focuses on research, development and testing activities.

His current directorships include:

• Synergy Environics Limited
• Shriram Midivisana Engineering Pvt. Ltd.
• National Skill Development Corporation

He maintains active involvement with industry associations, having served as past President of PHD Chamber of Commerce and Industry (PHDCCI) and continues his association with PHDCCI and the Executive Committee of Federation of Indian Chambers of Commerce and Industry (FICCI). He is also Chairman of the Board of Governors of Dr. Bansi Dhar Institute and serves on the Board of Indian Social Responsibility Network (ISRN) and the International Organisation of Employers (IOE).

Mr. Sunil Behari Mathur

Mr. Sunil Behari Mathur is a qualified Fellow Chartered Accountant and ICWA (Part I & II), London. His distinguished career includes serving as Chairman of LIC of India and Non-Executive Chairman of NSE Stock Exchange of India. He was appointed by the Government of India as Administrator of Specified Undertaking of the Unit Trust of India (SUUTI), managing funds exceeding 40 billion Dollars.

His current directorships include:

• DCM Shriram Industries Limited (Chairman)
• QRG Investments and Holdings Limited
• Travel Corporation (India) Limited

Regulatory Compliance

The company confirmed that the board composition will continue to comply with requirements prescribed under the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. The disclosure was made pursuant to Regulation 30 read with part A of schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and SEBI circular dated July 13, 2023.