DCM Shriram sets record date for demerger scheme

DCM Shriram Industries Limited has announced Friday, December 19, 2025, as the "record date" for its composite scheme of arrangement, as approved by the NCLT. This scheme involves the demerger of certain businesses into two resultant companies: DCM Shriram Fine Chemicals Limited (DSFCL) and DCM Shriram International Limited (DSIL).

For every share held in the residual company, DCM Shriram Industries Limited (DCMSR), shareholders will be issued and allotted one fully paid-up share of INR 2 in each of the two resultant companies, DSFCL and DSIL. This 1:1 ratio ensures that every shareholder will hold an identical number of shares in DCMSR, Resultant Company 1, and Resultant Company 2 upon allotment.

The scheme, involving Lily Commercial Private Limited, DCM Shriram Industries Limited, DCM Shriram Fine Chemicals Limited, and DCM Shriram International Limited, aims to streamline the company's structure. The certified NCLT order has been filed with the stock exchange, and the companies are in the process of filing certified copies with the registrar of companies to make the scheme effective.