Meeting Details

The 37th Annual General Meeting of DCM Shriram Limited was held on Tuesday, 18th August 2026 at 10:30 A.M. (IST) through Video Conferencing/Other Audio-Visual Means. The meeting was conducted in accordance with provisions of the Companies Act, 2013 and rules made thereunder read with circulars issued by MCA and SEBI.

Attendance

Directors Present:

  • Mr. Ajay S. Shriram (Chairman & Sr. Managing Director)
  • Mr. Aditya A. Shriram (Deputy Managing Director)
  • Mr. Pradeep Dinodia (Non Executive Director and Chairman of Stakeholders Relationship Committee)
  • Mr. Vipin Sondhi (Non Executive Independent Director and Chairman of Board Audit Committee)
  • Mr. Tejpreet Singh Chopra (Non Executive Independent Director and Chairman of Nomination, Remuneration & Compensation Committee)
  • Mr. Pranam Wahi (Non Executive Independent Director)
  • Ms. Seema Bahuguna (Non Executive Independent Director)
  • Dr. Simrit Kaur (Non Executive Independent Director)
  • Justice (Retd.) Sanjay Kishan Kaul (Non Executive Independent Director)
  • Ms. Rumjhum Chatterjee (Non Executive Independent Director)
  • Mr. Rabi Narayan Mishra (Nominee Director, LIC)
  • Mr. Krishan Kumar Sharma (Whole Time Director - EHS)

Other Attendees:

  • Mr. Amit Agarwal (Executive Director & Group CFO)
  • Mr. Deepak Gupta (Company Secretary & Compliance Officer)
  • Mr. Vijay Agarwal (Partner - Deloitte Haskins & Sells, Statutory Auditors)
  • Mr. Manish Gupta (Partner - M/s RMG & Associates, Company Secretaries, Secretarial Auditors)
  • Mr. Kapil Dev Taneja (Partner - M/s Sanjay Grover & Associates, Company Secretaries, Scrutinizer for AGM)

Total 86 Members attended the AGM through VC/OAVM.

Proceedings Summary

Mr. Ajay S. Shriram chaired the meeting after ascertaining requisite quorum. The Chairman informed members that the Notice of AGM, Report of Board of Directors, and Standalone and Consolidated financial statements for FY ended 31st March 2026 had been circulated. There were no qualifications or modifications in Statutory Auditors' Report and Secretarial Auditors' Report for FY2025-26.

All requisite Statutory Registers and documents mentioned in the Notice were available for inspection during the AGM. The Chairman made a statement on business and financial performance for FY2025-26 and outlook for current fiscal.

Resolutions Considered

Ordinary Business:

1. Adoption of audited standalone financial statements for FY ended 31st March 2026 and reports of Board of Directors and Auditors thereon; and adoption of audited consolidated financial statements for FY ended 31st March 2026 and report of Auditors thereon.

2. Declaration of final dividend of ₹4 per equity share of face value ₹2 each and confirmation of payment of Interim Dividend of ₹3.60 per equity share and 2nd Interim Dividend of ₹3.60 per equity share already paid during FY2025-26.

3. Appointment of Director in place of Mr. Ajit S. Shriram (DIN:00027918), who retires by rotation and offers himself for re-appointment.

4. Appointment of Director in place of Mr. Pradeep Dinodia (DIN:00027995), who retires by rotation and offers himself for re-appointment.

Special Business:

5. Ratification of remuneration of Cost Auditors for FY2025-26.

6. Appointment of Justice (Retd.) Sanjay Kishan Kaul (DIN:10670291) as Independent Director for five consecutive years.

7. Appointment of Ms. Rumjhum Chatterjee (DIN:00283824) as Independent Director for five consecutive years.

8. Cancellation of 39,00,000 forfeited equity shares of the Company.

9. Revision in remuneration of Mr. Varun A. Shriram to ₹1.80 Crores per annum effective 1st April 2027.

10. Revision in remuneration of Ms. Tara A. Shriram to ₹1 Crore per annum effective 1st April 2026.

Voting Process

The Company provided remote e-voting facility from Friday, 14th August 2026 (9:00 A.M. IST) to Monday, 17th August 2026 (5:00 P.M. IST). E-voting facility was also provided during the AGM for members who had not cast votes through remote e-voting.

Questions and Closure

Members registered as Speakers asked questions/sought clarifications, which were appropriately addressed. The Chairman informed that consolidated voting results will be submitted to Stock Exchanges and available on Company's website and NSDL website within two working days from conclusion of AGM.

The meeting concluded at 11:47 A.M. with e-voting continuing for another 30 minutes for members who had not cast votes through remote e-voting.