DCM Shriram Fine Chemicals Holds 5th Annual General Meeting of Shareholders
DCM Shriram Fine Chemicals Ltd conducted its 5th Annual General Meeting (AGM) on Tuesday, July 14, 2026. The meeting was held via Video Conferencing (VC)/Other AudioVisual Means (OAVM), with the company adhering to applicable provisions of the Companies Act and related regulations.The AGM saw the attendance of 140 members or representatives of corporate members. Mrs. Urvashi Tilakdhar, Senior Managing Director, chaired the proceedings, confirming that the requisite quorum was present. The meeting also featured Directors from various locations, including Mr. Akshay Dhar (Managing Director & CEO) and Ms. Aditi Dhar, along with independent directors and other designated personnel.
Operations Review and Future Outlook
Mr. Akshay Dhar, Managing Director and CEO of DCM Shriram Fine Chemicals, addressed the shareholders. During his address, he provided a comprehensive brief on the company's operations and future outlook, presenting both the financial and operational results for the fiscal year 2025-26. Mr. Dhar discussed the domestic and global economic climate, including the impact of geopolitical developments on the economy.He extended thanks to the board members for their guidance, as well as expressing sincere gratitude to employees, customers, bankers, and business associates for their continued support.
Key Resolutions Passed at AGM
The meeting proceeded with several resolutions related to Ordinary and Special Business. The following key decisions were made by the shareholders:| Item No. | Description of Resolution | Type of Resolution |
|---|---|---|
| Ordinary Business | To consider and adopt the Audited Financial Statements for the Financial Year ended March 31, 2026, along with reports from the Board and Auditors. | Ordinary Resolution |
| Declaration of Dividend on Equity Shares. | Ordinary Resolution | |
| Appointment of Mrs. Urvashi Tilakdhar (DIN: 00294265), who retires by rotation. | Ordinary Resolution | |
| Appointment of Mr. Akshay Dhar (DIN: 01078392), who retires by rotation. | Ordinary Resolution | |
| Special Business | Ratification of Remuneration for Cost Auditors. | Ordinary Resolution |
| Payment of Commission to Non-Executive Directors. | Ordinary Resolution | |
| Alteration of the Articles of Association. | Special Resolution |
Conclusion of Meeting
Following the resolutions, the Chairperson invited shareholders who had registered to speak and ensured that all queries or clarifications were addressed by the Managing Director & CEO. The Chairman informed the members that consolidated voting results would be available on the company’s website within 48 hours of the AGM's conclusion.The meeting was declared concluded at 1:32 P.M., with Instapoll remaining open for 15 minutes to enable members to e-vote.
DSFCL Stock Price Movement
On Tuesday, shares of DCM Shriram Fine Chemicals Limited edged higher by 0.26%, settling at ₹23.5 after the close. The equity traded a total volume of 98,913 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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