Demerger Implementation Completed

DCM Shriram Industries Limited has successfully completed its composite scheme of arrangement with an effective date of December 17, 2025. The company announced that shares in two new entities have been allotted and credited to eligible shareholders following confirmations received from depositories NSDL and CDSL. The scheme involves the demerger of the company's chemical and rayon business undertakings, previously sanctioned by the National Company Law Tribunal (NCLT) New Delhi Bench on November 21, 2025.

Share Allotment and Corporate Structure Changes

The implementation has resulted in the successful allotment and credit of equity shares to shareholders in both resulting companies. The comprehensive restructuring has fundamentally altered the corporate structure of the group.

Following the allotment, DCM Shriram Fine Chemicals Limited (DSFCL) and DCM Shriram International Limited (DSIL) have ceased to be wholly-owned subsidiaries of DCM Shriram Industries. The cancellation of the entire pre-scheme paid-up share capital of the resulting companies has been completed as per the scheme provisions.

Business Allocation and New Entities

The restructuring has resulted in a clear segregation of business verticals across three entities with distinct operational focus areas.

Listing and Trading Process

Both resulting companies are taking necessary steps to obtain listing and trading permission for the allotted equity shares from BSE Limited and National Stock Exchange of India Limited. The shares will be listed on both exchanges following regulatory approvals.

The company filed the certified copy of the NCLT order with the Registrar of Companies, NCT of Delhi & Haryana in Form INC-28. The boards of directors of all three companies mutually decided to keep December 17, 2025, as the effective date, being the date of filing of Form INC-28 by the resultant companies.

Shareholder Communication and Support

The company has established comprehensive support mechanisms for shareholders during this transition. All relevant information and documents are being communicated through official channels.

For queries and assistance, shareholders can contact:

• Registrar: KFin Technologies Limited at 1800-309-4001 or einward.ris@kfintech.com
• Company: 011-43745075 or investorservices@dcmsr.com

The company will provide guidance on the cost of acquisition for equity shares in all three entities in due course, ensuring shareholders have complete information for their investment decisions.

DCM Shriram Industries Limited (DCMSR) has received approval from the National Company Law Tribunal (NCLT), New Delhi Bench, for its composite scheme of arrangement. This corporate action involves DCMSR and several other companies, including Lily Commercial Private Limited (LCPL).

Key Details of the Approval

• The NCLT pronounced its order sanctioning the composite scheme.
• The scheme was filed under Sections 230 to 232 of the Companies Act, 2013.
• The case number for this petition was CP(CAA)-17/ND/2025.

Components of the Composite Scheme

The approved scheme includes:

1. Amalgamation of DCMSR with Lily Commercial Private Limited.
2. Demerger of Chemical and Rayon undertakings into two separate companies.

Implementation of the Scheme

The composite scheme of arrangement will become effective upon the completion of two crucial steps:

1. Obtaining the certified copy of the NCLT order, which has now been received.
2. Filing the certified copy with the Registrar of Companies for the National Capital Territory of Delhi & Haryana.

Implications and Next Steps

This approval marks a significant milestone in the corporate restructuring process for DCM Shriram Industries and its associated companies. The scheme aims to create focused business verticals, which is expected to enhance operational efficiency and shareholder value.

Regulatory Compliance

DCMSR has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed entities to inform the stock exchanges about material events or information.

Company's Statement

Y.D. Gupta, Company Secretary and Compliance Officer of DCM Shriram Industries Limited, signed the official communication regarding this development. The company has received the certified copy of the NCLT order and will proceed with filing it with the Registrar of Companies to implement the approved scheme.

Investors and stakeholders of DCM Shriram Industries Limited and the associated companies should stay informed about further updates as the composite scheme moves towards implementation.