DCM Shriram Limited

DCM Shriram Limited

DCM Shriram Limited has disclosed a material tax litigation for Assessment Year 2016-17 (Financial Year 2015-16). The company recently received a notice concerning this Income Tax matter, which appears to involve transfer pricing issues. As a material litigation, the eventual outcome could significantly impact the company's financial results. This development is important for investors to monitor due to its potential financial implications.

DCM Shriram Limited

DCM Shriram Limited announced that its Board of Directors has approved an additional equity investment in Special Purpose Vehicles (SPVs) for renewable power. This latest approval commits up to Rs. 18 crores to secure an additional ~10 MW of renewable energy capacity. This brings the total approved equity investment to Rs. 105 crores, targeting approximately 58 MW of renewable power for its Bharuch Plant. This strategic move highlights the company's focus on sustainable energy sourcing, which could offer long-term operational efficiencies and environmental benefits.

DCM Shriram Limited

DCM Shriram Limited announced the outcome of its Board Meeting held on June 19, 2026. The Board approved an additional equity investment of up to Rs. 18 crores to secure approximately 10 MW of additional renewable power. This decision raises the total approved equity investment to Rs. 105 crores for obtaining an estimated 58 MW of renewable power for its Bharuch Plant, following an earlier approval of Rs. 87 crores for 48 MW. This significant investment highlights the company's commitment to expanding its green energy capacity, potentially enhancing operational sustainability and offering long-term cost benefits for investors.