Description

43,588,680 equity shares of DCM Shriram Industries Ltd listed on BSE with effect from December 29, 2025, pursuant to composite scheme of arrangement.

Summary

BSE has announced the listing of 43,588,680 new equity shares of DCM Shriram Industries Ltd (Scrip Code: 523369) with effect from December 29, 2025. These shares were issued pursuant to a Composite Scheme of Arrangement involving 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.

Key Points

  • 43,588,680 equity shares of Rs. 2/- each to be listed
  • Shares issued under Composite Scheme of Arrangement approved under Companies Act, 2013
  • New shares rank pari-passu with existing equity shares
  • ISIN Number: INE843D01027
  • Distinctive Numbers: 86992186 to 130580865
  • Date of Allotment: December 9, 2025
  • Trading commences: December 29, 2025
  • Scrip Code: 523369

Regulatory Changes

No regulatory changes. This is a standard listing notification following completion of a corporate restructuring scheme approved by NCLT under sections 230-232 of the Companies Act, 2013.

Compliance Requirements

  • Market participants should update their systems to reflect the increased share capital of DCM Shriram Industries Ltd
  • Brokers and investors should note the new distinctive number range for the allotted shares
  • Trading members must ensure proper settlement of these securities from December 29, 2025

Important Dates

  • December 9, 2025: Date of allotment of new equity shares
  • December 26, 2025: Notice date and circular issued
  • December 29, 2025: Effective date for listing and trading commencement

Impact Assessment

Market Impact: The listing of 43.59 million additional shares represents significant equity dilution for existing shareholders. The market will need to absorb this increased float, which could impact share price and liquidity in the short term.

Corporate Impact: This listing completes the corporate restructuring involving four entities - Lily Commercial Pvt Ltd, DCM Shriram Industries Ltd, DCM Shriram Fine Chemicals Ltd, and DCM Shriram International Ltd. The scheme indicates strategic reorganization of the DCM Shriram group’s business operations.

Trading Impact: Increased number of shares in circulation will affect calculations for indices, derivatives (if applicable), and corporate actions. Market participants should adjust their positions and risk management systems accordingly.

Impact Justification

Significant equity dilution of 43.59 million shares through corporate restructuring scheme, affecting existing shareholders and market capitalization