DCM Shriram Industries Limited
DCM Shriram Industries Ltd is primarily engaged in production and sale of sugar, alcohol, power, chemicals, Drones (UAV) and industrial fibers.
What DCM files
- Others68
- Important18
- Board Meeting10
- Insider Trade8
- Dividend/Bonus6
- Updates4
NCLT approved the Composite Scheme of Arrangement involving Lily Commercial, DCM Shriram Industries, DCM Shriram Fine Chemicals, and DCM Shriram International. The scheme becomes effective upon certified order filing.
NCLT has reserved its order on the composite scheme involving DCM Shriram Industries and its associated entities. This marks a key step, with the final ruling expected to impact future business structure.
DCM Shriram Industries' Composite Scheme of Arrangement with Lily Commercial, DCM Shriram Fine Chemicals, and DCM Shriram International will proceed to a physical court hearing. This is a key step forward in the corporate restructuring process.
DCM Shriram Industries Limited has received a favorable NCLT order regarding its first motion application for a Composite Scheme of Arrangement. The order mandates convening meetings of equity shareholders and unsecured creditors via video conferencing by January 27, 2025, to consider the scheme. Notably, the other involved companies—Lily Commercial Private...