DCM Shriram Industries , a prominent player in the Indian industrial sector, has recently been in the spotlight due to an order from the National Green Tribunal (NGT) regarding wastewater management in Kota, Rajasthan. The company's unit, Shriram Rayons, was named in a case concerning environmental pollution and wastewater discharge into the Chambal River.

Key Points of the NGT Order

The NGT's Central Zone Bench in Bhopal issued an order on October 16, 2025, in response to an application filed by Babu Lal Jajoo. The order primarily focused on addressing broader environmental concerns in Kota city, particularly the discharge of untreated domestic and industrial wastewater into the Chambal River and its tributaries.

Shriram Rayons' Compliance Status

According to the NGT order, Shriram Rayons, a unit of DCM Shriram Industries, has demonstrated a generally positive compliance record:

No Specific Violations or Penalties

It's important to note that the NGT order did not identify any specific violations against Shriram Rayons. Furthermore, no penalties, fines, closure directions, or operational restrictions were imposed on the company or its units in Kota.

Company's Response

DCM Shriram Industries has confirmed that it will comply with the directives issued by the NGT. In a statement to the stock exchanges, the company asserted that there is no material adverse financial or operational impact arising from this order.

Broader Implications

The NGT's order extends beyond individual companies, focusing on ensuring city-wide compliance with environmental regulations. It also directs municipal authorities to improve sewage treatment infrastructure in Kota.

Looking Ahead

While the company has generally been compliant, the NGT has advised addressing occasional non-compliance issues and pending consent renewals. This proactive approach may help DCM Shriram Industries fully meet the Tribunal's expectations and potentially avoid future enforcement actions.

As environmental regulations continue to evolve, companies like DCM Shriram Industries may need to maintain vigilance in their wastewater management practices. This case underscores the increasing scrutiny on industrial operations and their environmental impact, highlighting the importance of sustainable business practices in today's regulatory landscape.

DCM Shriram Industries Limited has announced that the National Company Law Tribunal (NCLT) New Delhi Bench has reserved its order on a Composite Scheme of Arrangement involving multiple companies. The decision comes after a hearing held on September 30, 2025.

Details of the Scheme

The Composite Scheme of Arrangement involves the following companies:

1. Lily Commercial Private Limited (Transferor Company)
2. DCM Shriram Industries Limited (Transferee Company)
3. DCM Shriram Fine Chemicals Limited (Resultant Company 1)
4. DCM Shriram International Limited (Resultant Company 2)

The scheme is being processed under Sections 230 to 232 of the Companies Act, 2013, which deal with mergers, amalgamations, and arrangements between companies.

NCLT Hearing and Next Steps

According to the company's disclosure to the stock exchanges, the NCLT New Delhi Bench conducted a hearing on September 30, 2025, regarding the Composite Scheme of Arrangement (CP(CAA)-17/ND/2025). Following the hearing, the tribunal has reserved its order, indicating that the decision will be announced at a later date.

DCM Shriram Industries has stated that it will file a copy of the order with the stock exchanges once it is received from the NCLT. This step is in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Company Information

DCM Shriram Industries Limited is headquartered in New Delhi. The company's Corporate Identification Number (CIN) is L74899DL1989PLC035140.

Investors and stakeholders are advised to monitor further announcements from the company regarding the NCLT's decision on the Composite Scheme of Arrangement, as it may have significant implications for the involved entities.