Meeting Details

The 4th Annual General Meeting (AGM) of DCM Shriram International Limited was held on Thursday, July 16, 2026 at 11:00 AM through Video Conference in compliance with the Companies Act, 2013 and MCA circulars.

Attendance

Directors Present:

  • Mr. Alok B. Shriram - MD & CEO (Promoter & Executive Director) - New Delhi
  • Ms. Kanika Shriram - Dy. MD (Promoter & Executive Director) - New Delhi
  • Mr. Rudra Shriram - Dy. MD (Promoter & Executive Director) - New Delhi
  • Mr. PD Bagla - WTD CFO (Executive Director) - New Delhi
  • Mr. Mukesh Gupta - Non-Executive Independent Director - Kolkata
  • Ms. Meeta Makhan - Non-Executive Independent Director - New Delhi
  • Mr. Suman Jyoti Khaitan - Non-Executive Independent Director - Mumbai
  • Mr. S B. Mathur - Non-Executive Non-Independent Director - New Delhi

Senior Executives:

  • Mr. Narinder Singh Walia, Sr. Vice President from Kota
  • Mr. Paresh Johari, Vice President from Kota
  • Mr. Ashish Jha, Company Secretary, from Delhi

By Invitation:

  • Mr. Adhir Kapoor - Representative of BSR & Co. LLP, Chartered Accountants (Statutory Auditors) from New Delhi
  • Mr. Shasikant Tiwari - Representative of Chandrasekaran Associates, Secretarial Auditors from New Delhi
  • Mr. Kamaljit Singh - Scrutinizer for e-voting, Practising Company Secretary, from New Delhi

The meeting was attended by 159 members/representatives of Corporate Members through Video Conference. Mr. Sanjay C. Kirloskar, Non-Executive Chairman of the Board, chaired the meeting.

Proceedings Summary

The meeting commenced with the Chairman calling the meeting to order after confirming requisite quorum. Directors, auditors, scrutinizer and senior management were introduced to shareholders.

Mr. Ashish Jha, Company Secretary, explained the procedural aspects including remote e-voting and instapoll voting facilities. He informed that proceedings of the last AGM were available on the Company website.

Chairman's Address

The Chairman addressed geopolitical uncertainties, global macroeconomic headwinds and conflicts that caused a decline in turnover and adversely impacted profits. Despite near-term pressures, and considering the need for preserving resources for capital expenditure, debt servicing, and unforeseen situations, the Board recommended a dividend of 20% (₹0.40 per equity share of ₹2 each) for the financial year 2025-2026.

MD & CEO's Address

Mr. Alok B. Shriram addressed shareholders about company operations and future outlook. He presented financial and operational results for the year 2025-26 and discussed domestic and world economic situation including impact of geo-political developments on the economy.

He thanked directors for their consistent guidance, customers, bankers and business associates for their continued trust, and employees for their dedication and commitment.

Resolutions Considered

Ordinary Business:

  • Adoption of Financial Statements (standalone and consolidated) for FY ended March 31, 2026 and Reports of Board of Directors and Auditors
  • Declaration of dividend of ₹0.40 per equity share (20%) for Financial Year 2025-2026
  • Reappointment of Ms. Kanika Shriram (DIN: 00998758) as Director liable to retire by rotation

Special Business:

  • Cost Auditors Ratification of Remuneration for 2025-2026
  • Acceptance Of Public Deposits
  • Payment Of Commission to Non-Executive Directors
  • Alteration of the Articles of Association (Special Resolution)

Shareholder Interaction

41 shareholders registered as speakers and raised various queries pertaining to the Company's operations, financial performance, and future plans. Mr. Alok B. Shriram replied to the queries and provided clarifications, informing that any complaints regarding shareholder service or share transfer can be emailed to the Company for prompt response.

Voting and Meeting Closure

The Chairman informed that combined results of remote e-voting and instapoll would be declared within 2 working days from closure of instapoll and placed on websites of the Company, BSE Ltd. and National Stock Exchange Ltd.

The meeting closed at 12:44 PM with instapoll remaining open for 15 minutes to enable Members to e-vote.