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DCM Shriram Limited ( (IN:DCMSHRIRAM) ) has issued an update.
DCM Shriram Limited has announced several key appointments and strategic decisions following its Board of Directors meeting held on January 18, 2025. Key appointments include Mr. Tejpreet Singh Chopra as an additional Independent Director, Mr. Deepak Gupta as Company Secretary & Compliance Officer, and Mr. Anoop Singh as Senior Management Personnel, which are expected to bolster the company’s leadership and compliance framework. Additionally, the company has approved the raising of Rs. 1,000 crores through Non-Convertible Debentures and plans to invest up to Rs. 65 crore in acquiring hardware manufacturing assets, aligning with its strategy to expand its building systems business. These moves are anticipated to strengthen DCM Shriram’s market positioning and enhance its operational capabilities.
More about DCM Shriram Limited
DCM Shriram Limited operates in the diversified business industry, focusing on products and services such as agri-rural business, chlor-vinyl business, and value-added businesses like fenesta building systems. The company primarily serves the Indian market with a significant focus on sustainable and innovative business solutions.
YTD Price Performance: -1.12%
Average Trading Volume: 7,246
Current Market Cap: 165.7B INR
For an in-depth examination of DCMSHRIRAM stock, go to TipRanks’ Stock Analysis page.