DCM Shriram industries sets record date for demerger scheme

DCM Shriram Industries Ltd. announced a Composite Scheme of Arrangement, sanctioned by the National Company Law Tribunal (NCLT) on November 21, 2025. The company has set Friday, December 19, 2025, as the "Record Date" to determine eligible shareholders for the demerger.

Under the scheme, the chemical and rayon businesses will be demerged into DCM Shriram Fine Chemicals Limited (DSFCL) and DCM Shriram International Limited (DSIL), respectively, with an appointed date of April 1, 2023. Eligible DCM Shriram Industries shareholders will receive one share (face value of INR 2/- each) in both DSFCL and DSIL for every one share (face value of INR 2/- each) held in DCM Shriram Industries. DCM Shriram Industries will continue to operate its sugar business, including power and alcohol.

Following the Record Date, DCM Shriram Industries’ share price will be adjusted to reflect the demerger. Shares in DSFCL and DSIL will be allotted and subsequently listed on the BSE and NSE. Further guidance on the cost of acquisition for equity shares will be provided to shareholders.