DCM Shriram Fine Chemicals Limited (DSFCL)

DCM Shriram Fine Chemicals Limited announced the results of its Postal Ballot voting conducted from September 11, 2026 to October 10, 2026. Shareholders approved all five proposed special resolutions with significant majorities, achieving 51.83% total voter participation. Approved resolutions include the 5-year appointment of Mr. Rudra Shriram as Managing Director (98.15% in favour), appointment of three Independent Directors, and approval for the acceptance of public deposits (97.99% in favour).

• Overall voter turnout was 51.83% of outstanding shares (45,087,733 votes polled out of 86,992,185 total shares)
• Appointment of Mr. Rudra Shriram as MD passed with 98.15% votes in favour; 24.10% of participating institutional votes opposed
• Special resolution for acceptance of public deposits approved with 97.99% votes in favour, despite 26.15% institutional opposition
• Appointments of Independent Directors Nitin Atroley, Rakesh Malhotra, and Anil Kumar Khaitan passed with 99.95% approval

Promoter Alok Bansidhar Shriram has filed a pre-transaction disclosure under Regulation 10(5) of SEBI SAST Regulations to acquire 2,69,06,206 equity shares (30.94% stake) in DCM Shriram Fine Chemicals Limited. The shares are being transferred off-market from Mrs. Urvashi Tilakdhar on October 9, 2026. The acquisition price is nil, executed as an inter-family gift among immediate relatives out of love and affection. Because this is an internal promoter group realignment, overall promoter group holding remains unchanged and is exempt from an open offer under Regulation 10(1)(a)(i).

• Proposed acquisition of 2,69,06,206 equity shares of face value Rs. 2 each
• Represents a 30.94% equity stake in the company
• Scheduled execution date of off-market transfer is October 9, 2026
• Acquisition price is NIL, categorized as an inter-family gift among immediate relatives

DCM Shriram Fine Chemicals Limited announced the closure of its trading window starting Thursday, October 1, 2026. This closure complies with SEBI (Prohibition of Insider Trading) Regulations for the quarter and half-year ended September 30, 2026. The window will reopen 48 hours after the declaration of the un-audited standalone and consolidated financial results. The specific date for the board meeting to approve the results will be intimated in due course.

• Trading window closes effective Thursday, October 1, 2026
• Applies to financial results for the quarter and half-year ending September 30, 2026
• Trading window to reopen 48 hours after results announcement
• Board meeting date to consider financial results will be notified separately

DCM Shriram Fine Chemicals Limited disclosed that its Board ratified paying a fine of Rs 3,02,080 to each stock exchange (BSE and NSE) to resolve non-compliance with SEBI LODR Regulation 17(1)/17(1A) for Q1 FY27 (quarter ended June 30, 2026). The non-compliance arose from a delay in appointing an Independent Director, which was rectified with the appointment of Mr. Nitin Atroley effective July 15, 2026. The total penalty is immaterial relative to DSFCL's June 2026 quarterly net profit of Rs 2.59 crore. The Board instructed management to enforce strict compliance to prevent recurring issues.

• Fine of Rs 3,02,080 ratified for payment to each stock exchange (BSE and NSE)
• Non-compliance pertained to Regulation 17(1)/17(1A) for the quarter ended June 30, 2026
• Independent Director position regularized via appointment of Nitin Atroley effective July 15, 2026
• Board meeting to record notices and ratify fine was held on September 3, 2026

DCM Shriram Fine Chemicals Limited announced the resignation of Independent Director Vijay Anand, effective from the close of business hours on September 17, 2026. The director cited pressing commitments and increased professional obligations as the reason for his stepping down. He confirmed that there are no other material reasons behind his resignation. The company recently reported Q1 FY27 revenue of Rs 90.78 cr and net profit of Rs 2.59 cr.

• Vijay Anand resigned as Independent Director effective close of business September 17, 2026
• Reason cited was pressing commitments and increase in professional obligations
• Confirmation provided that there are no other material reasons for resignation
• Company posted revenue of Rs 90.781 cr and net profit of Rs 2.5937 cr in Jun 2026 quarter

DCM Shriram Fine Chemicals Limited has announced the resignation of Mr. Vijay Anand (DIN: 06431219) from his position as Independent Director, effective at the close of business hours on September 17, 2026. The director cited pressing commitments and increased professional obligations as the reason for his departure, confirming there are no other material reasons. In Q1 FY27 (Jun 2026), the company reported revenue of ₹90.781 crore and net profit of ₹2.59 crore.

• Mr. Vijay Anand resigned as Independent Director effective close of business hours on September 17, 2026
• Reason cited was pressing commitments and increased professional obligations
• Confirmed no other material reasons exist for the resignation
• Company posted revenue of ₹90.781 crore and net profit of ₹2.5937 crore in the quarter ended June 2026

DCM Shriram Fine Chemicals Limited announced that Mr. Vijay Anand has resigned from his position as Independent Director effective September 17, 2026. The stated reason for resignation is pressing commitments and an increase in professional obligations. Mr. Anand confirmed that there are no other material reasons for his departure. The company reported a revenue of ₹90.781 crore and net profit of ₹2.5937 crore in the June 2026 quarter.

• Independent Director Mr. Vijay Anand resigned effective close of business hours on September 17, 2026
• Reason cited was pressing commitments and increased professional obligations leaving less time for Board duties
• The director confirmed in writing that there are no other material reasons for his resignation
• Holds directorships and committee chairmanships in Pondy Oxides and Chemicals Limited and Sasmos HET Technologies Limited

DCM Shriram Fine Chemicals Limited (DSFCL) has issued a Postal Ballot Notice seeking shareholder approval for key board appointments and the acceptance of public deposits. Following its demerger scheme, the company plans to raise unsecured fixed deposits with statutory limits capped at Rs 50.09 crore for public deposits (25% limit) and Rs 20.03 crore for member deposits (10% limit). Additionally, shareholders will vote on the 5-year appointment of Rudra Shriram as Managing Director and three Non-Executive Independent Directors. Remote e-voting runs from September 11, 2026, to October 10, 2026, with results declared on October 10, 2026.

• Proposed limit of Rs 50.09 Cr for acceptance of unsecured deposits from the public (25% statutory cap)
• Proposed limit of Rs 20.03 Cr for deposits from members (10% statutory cap)
• Appointment of Mr. Rudra Shriram as Director and Managing Director for a 5-year term
• Remote e-voting window opens September 11, 2026, and concludes October 10, 2026

DCM Shriram Fine Chemicals Limited has announced the resignation of Independent Director Mr. Venkata Rama Subbu Behara (DIN: 00289721), effective from the close of business on September 8, 2026. The director cited recent changes in the structure of the Board as the reason for his departure, originally appointed pursuant to a letter dated December 2, 2025. He confirmed there are no other material reasons for his resignation. The company reported a net profit of Rs 2.59 cr on revenue of Rs 90.78 cr in Q1 FY27 (Jun 2026).

• Independent Director Venkata Rama Subbu Behara resigned effective September 8, 2026
• Resignation cited recent changes in the structure of the Board following appointment on December 2, 2025
• Confirmation provided that no other material reasons exist for the resignation
• Company posted revenue of Rs 90.781 cr and net profit of Rs 2.5937 cr in Jun 2026 quarter

DCM Shriram Fine Chemicals Limited reported the resignation of Independent Director Mr. Venkata Rama Subbu Behara (DIN: 00289721) effective from the close of business hours on September 8, 2026. The director cited recent changes in the structure of the Board as the reason for his departure. He confirmed that there are no other material reasons behind his resignation. The company recently posted Q1 FY27 revenue of Rs 90.781 crore and net profit of Rs 2.59 crore.

• Independent Director Venkata Rama Subbu Behara resigned effective September 8, 2026
• Departure was attributed to recent changes in board structure, with no other material reasons confirmed
• Director previously appointed via letter dated December 2, 2025
• Company reported revenue of Rs 90.781 cr and net profit of Rs 2.5937 cr in the June 2026 quarter

DCM Shriram Fine Chemicals Limited announced the resignation of Mr. Venkata Rama Subbu Behara (DIN: 00289721) as Non-Executive Independent Director, effective close of business hours on September 8, 2026. The resignation is cited as being due to recent changes in the structure of the Board. The director confirmed there are no other material reasons for his departure. The company reported quarterly revenue of Rs 90.781 crore and net profit of Rs 2.59 crore for the June 2026 quarter.

• Independent Director Venkata Rama Subbu Behara resigned effective September 8, 2026
• Reason cited was recent changes in the structure of the Board
• Confirmation provided that there are no other material reasons for the resignation
• Company posted revenue of Rs 90.781 crore and PAT of Rs 2.5937 crore in Jun 2026

DCM Shriram Fine Chemicals Limited (DSFCL) has approved the appointment of Mr. Anil Kumar Khaitan as an Additional Director in the Non-Executive Independent category. The appointment is effective for a 5-year term from September 04, 2026, to September 03, 2031, subject to shareholder approval. Mr. Khaitan brings over 48 years of industry experience across sectors including pharmaceuticals, paper, and steel.

• Appointment of Mr. Anil Kumar Khaitan (aged 70 years) as Non-Executive Independent Director
• Tenure spans 5 consecutive years from September 04, 2026 to September 03, 2031
• Appointee brings 48 years of diversified business experience and is a past President of PHD CCI
• Induction is subject to the approval of the members of the company

DCM Shriram Fine Chemicals Limited's Board of Directors has approved the appointment of Mr. Anil Kumar Khaitan as an Additional Director (Non-Executive Independent Director) for a period of 5 consecutive years, effective September 04, 2026, to September 03, 2031. The induction is subject to the approval of the company's shareholders. Mr. Khaitan brings 48 years of diversified industry experience across sectors such as pharmaceuticals, paper, and steel.

• Appointed Mr. Anil Kumar Khaitan (age 70) as Non-Executive Independent Director
• Tenure spans 5 consecutive years from September 04, 2026, to September 03, 2031
• Appointee possesses 48 years of diversified business experience across multiple sectors
• Appointment is subject to member approval via upcoming shareholder voting

Promoter Urvashi Tilakdhar reported the acquisition of 30,53,531 equity shares (3.52% stake) of DCM Shriram Fine Chemicals Limited via an off-market inter-se transfer on August 24, 2026. The shares were transferred from Mr. Akshay Dhar (15,26,766 shares / 1.76%) and Ms. Aditi Dhar (15,26,765 shares / 1.76%) at NIL consideration under Regulation 10(1)(a)(i) exemption. This represents an internal restructuring among promoter family members with no change in aggregate promoter group holding.

• 30,53,531 equity shares (3.52% of share capital) acquired via inter-se promoter transfer
• Shares transferred from Mr. Akshay Dhar (1.76%) and Ms. Aditi Dhar (1.76%)
• Acquisition completed off-market on August 24, 2026 at NIL price
• Prior disclosure under Regulation 10(5) filed on August 17, 2026

Stock exchanges BSE and NSE have imposed fines of Rs 3,02,080 each (inclusive of 18% GST) on DCM Shriram Fine Chemicals Limited for delayed compliance with SEBI LODR Regulations 17(1) and 17(1A) during the quarter ended June 30, 2026. The infractions related to Board composition and the continuation of a non-executive director above 75 years of age. The company confirmed that Reg 17(1A) compliance was rectified on May 29, 2026, and an Independent Director was appointed on July 15, 2026, to rectify Reg 17(1). The total fine of Rs 6.04 lakh across both exchanges has been duly paid with no material impact on operations.

• Fine of Rs 1,65,200 (including 18% GST) levied under Reg 17(1) by BSE and NSE separately
• Fine of Rs 1,36,880 (including 18% GST) levied under Reg 17(1A) by BSE and NSE separately
• Total fine across both exchanges stands at Rs 6,04,160 (Rs 3,02,080 each) and has been paid
• Non-compliance resolved with director regularization on May 29, 2026, and appointment on July 15, 2026