Description
43,588,680 equity shares of DCM Shriram Industries Ltd listed and permitted for trading on BSE effective December 29, 2025, issued pursuant to a Composite Scheme of Arrangement.
Summary
BSE has announced the listing of 43,588,680 equity shares of Rs. 2/- each of DCM Shriram Industries Ltd (Scrip Code: 523369) effective December 29, 2025. These shares were issued pursuant to a Composite Scheme of Arrangement amongst Lily Commercial Private Limited (Transferor Company), DCM Shriram Industries Limited (Transferee/Demerged Company), DCM Shriram Fine Chemicals Limited (Resultant Company 1), and DCM Shriram International Limited (Resultant Company 2) under sections 230 to 232 of the Companies Act, 2013. The newly listed shares rank pari-passu with existing equity shares.
Key Points
- 43,588,680 equity shares of Rs. 2/- each face value listed on BSE
- Trading permitted from December 29, 2025 (Monday)
- Shares issued under Composite Scheme of Arrangement involving four entities
- ISIN Number: INE843D01027
- Distinctive Numbers: 86992186 to 130580865
- Date of Allotment: December 9, 2025
- Scrip Code: 523369
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a corporate action notification related to listing of new securities following a court-approved scheme of arrangement under the Companies Act, 2013.
Compliance Requirements
- Market participants should note the listing of additional shares for trading purposes
- Updated shareholding records to reflect the new distinctive number range (86992186 to 130580865)
- Recognition of ISIN INE843D01027 for these securities
Important Dates
- Allotment Date: December 9, 2025
- Notice Date: December 26, 2025
- Trading Commencement: December 29, 2025 (Monday)
Impact Assessment
Market Impact: The listing of 43.59 million new equity shares represents a significant increase in the tradable float of DCM Shriram Industries Ltd. This could impact liquidity and potentially cause dilution for existing shareholders, depending on the total outstanding shares prior to this issuance.
Operational Impact: The composite scheme of arrangement indicates a corporate restructuring involving demerger activities across multiple entities (Lily Commercial, DCM Shriram Industries, DCM Shriram Fine Chemicals, and DCM Shriram International). The pari-passu ranking ensures equal rights for new shareholders alongside existing shareholders in terms of dividends, voting, and other corporate benefits.
Trading Impact: Market participants can trade these securities starting December 29, 2025, which may influence trading volumes and price discovery in the stock.
Impact Justification
Significant listing of 43.59 million equity shares following corporate restructuring through composite scheme of arrangement involving multiple entities, affecting existing shareholders through dilution.