Hot Pursuit     04-Mar-25
DCM Shriram spurts after board plans to evaluate restructuring options
DCM Shriram surged 11.01% to Rs 1,028.80 after the company’s board decided to evaluate the options for restructuring or reorganising its businesses to leverage the strengths of each segment.
The company operates in diverse sectors, including Chemicals, Vinyl, Sugar, Agri Inputs (Shriram Farm Solutions, Bioseed, and Fertilizers), and Building Materials (Fenesta), among others.

The board has constituted a committee to evaluate various restructuring/reorganising options and provide recommendations. Any decision in this regard will be after due evaluation, consideration and approval by the board and shall be subject to all necessary consents and requisite approvals.

DCM Shriram is a diversified company with presence in agri-rural business, chloro-vinyl business, and value-added business (fenesta building systems—UPVC windows & doors).

The company’s consolidated net profit rallied 9% to Rs 262.14 crore on 12.15% rise in total revenue from operations to Rs 3,518.89 crore in Q3 FY25 over Q3 FY24.

Previous News
  DCM Shriram commissions 120 MW captive power plant at Bharuch Complex
 ( Corporate News - 27-Jun-24   17:44 )
  CRISIL reaffirms ratings of DCM Shriram at 'A1+'
 ( Hot Pursuit - 24-Aug-24   17:06 )
  DCM Shriram consolidated net profit declines 74.84% in the September 2023 quarter
 ( Results - Announcements 31-Oct-23   07:28 )
  DCM Shriram consolidated net profit declines 29.70% in the December 2023 quarter
 ( Results - Announcements 31-Jan-24   18:05 )
  DCM Shriram receives affirmation in credit rating
 ( Corporate News - 24-Aug-24   11:20 )
  Board of DCM Shriram recommends interim dividend
 ( Corporate News - 27-Feb-24   14:13 )
  DCM Shriram fixes record date for final dividend
 ( Market Beat - Reports 23-Jun-22   19:56 )
  DCM Shriram to conduct board meeting
 ( Corporate News - 20-Oct-23   11:27 )
  DCM Shriram fixes record date for 2nd interim dividend
 ( Market Beat - Reports 08-Jan-22   19:25 )
  DCM Shriram consolidated net profit rises 33.18% in the September 2021 quarter
 ( Results - Announcements 19-Oct-21   16:38 )
  DCM Shriram rises after PAT jumps 9% YoY to Rs 262 cr in Q3 FY25
 ( Hot Pursuit - 20-Jan-25   10:29 )
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