DCM Shriram Limited has announced the cancellation of a trading plan submitted by its Executive Director and Group CFO under SEBI's insider trading regulations. The development was communicated to both BSE and NSE on January 20, 2026, following approval from the company's Audit Committee.

Trading Plan Details and Cancellation

The trading plan was originally submitted by Mr. Amit Agarwal, Executive Director and Group CFO of DCM Shriram Limited , on August 26, 2025, under Regulation 5(5) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The executive subsequently requested cancellation of the plan due to unpublished price sensitive information (UPSI) in his possession.

Regulatory Compliance and Approval Process

The cancellation request was formally presented to the company's Audit Committee during their meeting held on January 20, 2026. After due consideration, the Audit Committee determined that the request for cancellation was bonafide and granted approval in accordance with the applicable provisions of the SEBI PIT Regulations.

The company cited that the UPSI in Mr. Agarwal's possession at the time of formulating the trading plan would not become generally available or public at the commencement of its implementation, necessitating the cancellation to maintain regulatory compliance.

Stock Exchange Communication

DCM Shriram Limited formally notified both major Indian stock exchanges about this development:

• BSE Limited (Scrip Code: 523367)
• National Stock Exchange of India Limited (Scrip Code: DCMSHRIRAM)

The communication was signed by Deepak Gupta, Company Secretary and Compliance Officer, and requested the exchanges to update their records and disseminate the information on their websites. This transparent disclosure demonstrates the company's commitment to maintaining proper regulatory compliance and keeping stakeholders informed about material corporate developments.

DCM Shriram Limited reported mixed financial results for Q3FY26, with strong revenue growth offset by exceptional charges that impacted profitability. The diversified chemicals and agri-business company demonstrated resilient operational performance across its key business segments while navigating regulatory changes.

Financial Performance Overview

The company's consolidated financial performance for Q3FY26 showed robust top-line growth despite bottom-line pressures:

For the nine-month period ended December 31, 2025, the company maintained strong momentum with total revenue reaching ₹10,890.88 crores, representing a 12.02% increase from ₹9,722.00 crores in the corresponding period of FY25. Net profit for nine months grew 14.07% to ₹485.18 crores compared to ₹425.36 crores in the previous year.

Exceptional Charge Impact

The company's profitability was significantly affected by an exceptional charge of ₹55.00 crores related to new labour codes. On November 21, 2025, the Government of India notified four Labour codes consolidating 29 existing Labour Laws. Based on draft rules and available information, DCM Shriram estimated the financial implications and made this additional provision. The company continues to monitor developments regarding the finalization of central and state rules.

Without this exceptional charge, the company would have reported earnings per share of ₹15.90 for Q3FY26 compared to ₹13.59 after accounting for the exceptional item.

Segment-wise Performance

DCM Shriram's diversified business portfolio showed varied performance across segments:

The Chemicals and Vinyl segment delivered the highest growth rate at 20.42%, while Fenesta Building Systems showed strong momentum with 28.42% growth, albeit from a smaller base.

Dividend Declaration

The Board of Directors declared a second interim dividend of ₹3.60 per equity share of face value ₹2.00 each, aggregating to ₹56.14 crores. This brings the total interim dividend for FY26 to ₹7.20 per share, totaling ₹112.28 crores. The record date for the interim dividend is January 24, 2026, and payment will be made within 30 days of declaration.

Key Financial Ratios

The company maintained healthy financial metrics despite the challenging quarter:

The company's net worth increased to ₹7,330.76 crores from ₹6,826.96 crores in the previous year, reflecting strong balance sheet fundamentals. The debt equity ratio remained conservative at 0.15 times, indicating prudent financial management.