DCM Shriram subsidiary Bioseed Research USA liquidated

DCM Shriram Limited informed stock exchanges on December 19, 2025, about the liquidation of its wholly-owned step-down subsidiary, Bioseed Research USA Inc. The liquidation became effective on December 15, 2025, at which point Bioseed Research USA Inc. ceased to be a subsidiary of DCM Shriram. The company received official intimation of the liquidation today.

As of March 31, 2025, Bioseed Research USA Inc. reported no turnover, with a net worth of $3271. The voluntary liquidation process is subject to necessary tax and accounting filings by Bioseed Research USA Inc. in accordance with local laws.

This disclosure was made in compliance with SEBI regulations. The transaction is not considered a related party transaction and did not involve any buyers.