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DCM SHRIRAM INDUSTRIES LTD.

20 December 2024 | 12:00

Industry >> Sugar

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ISIN No INE843D01027 BSE Code / NSE Code 523369 / DCMSRIND Book Value (Rs.) 93.73 Face Value 2.00
Bookclosure 07/08/2024 52Week High 243 EPS 13.27 P/E 14.37
Market Cap. 1658.07 Cr. 52Week Low 150 P/BV / Div Yield (%) 2.03 / 1.05 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Under a "Scheme of Arrangement" approved by the shareholders and creditors of the Company and also by the Hon'ble Delhi High Court vide their Order dated 16-4-90 the Company (DCM Ltd) now stands divided into four companies w.e.f. 1-4-90 as follows :

i) DCM Limited ii) DCM Shriram Industires Ltd iii) DCM Shriram Consolidated Ltd iv) Shriram Industrial Enterprises Ltd

As per the scheme, the shareholders of DCM Ltd will be allotted shares in DCM Shriram Industries Ltd. and Shriram Industrial Enterprises Ltd. in the ratio of one share in each of the above Companies for every four shares held by then in DCM Ltd as on 21-9-1990.

Pursuant to the scheme three units namely. Daurala Sugar Works, Shriram Rayons and Hindon River Mills have been vested with the Company.

2000 - Credit rating agency has retained the MD rating, indicating default to the fixed deposit programme of the company.

2001- The Board of Directors of the company has approved as under : 1. Hiving off of its Polymer Processing Business on a going concern basis to its 91% subsidiary DCM Shriram Exports Ltd.

- The communication issued to the BSE, DCM Shriram Industries Ltd has informed that Shri D.C.Mittal, Joint Managing Director has demitted office on December 11, 2001.

2008

- DCM Shriram Industries Ltd has informed that the Board of Directors of the Company at its meeting held on January 14, 2008, has co-opted Shri. S B Mathur on the Board as an Additional Director. He will be an independent director.

-DCM Shriram Industries Ltd has re-appointed Shri. Alok B Shriram as Dy. Managing Director for further period of 5 years w.e.f. October 01, 2008.

2009

- DCM Shriram Industries Ltd.recommended a dividend of Rs 2 per equity share of Rs 10 each for the year ended March 31, 2009.

2010

-DCM Shriram Industries Ltd recommended a final dividend of Rs. 3.00 per equity share of Rs. 10/- each.

2013 -DCM Shriram Industries Ltd has recommended a dividend of Rs. 1.50 (15%) on the equity shares of Rs. 10 each.

2014 -Mr. C. Vikas Rao has been inducted on the Board of the Company as an independent director. -DCM Shriram Industries Ltd have recommended a dividend of Rs. 3.5 (35%) on the equity shares of Rs. 10 each.

2020 -Started production of Hand Sanitizer- DAURALA CARES.

2021 -The Company has splits its face value from Rs. 10/- to Rs. 2/-.

2022 -The Company has splits its face value from Rs. 10/- to Rs. 2/-