DCM Shriram Industries Limited announced significant changes to its Board of Directors following a meeting held on December 23, 2025. The company accepted the resignations of Mr. Alok Bansidhar Shriram, Sr. Managing Director & CEO, and Mrs. Urvashi Tilakdhar, Whole Time Director, both effective from the close of the meeting. These changes are part of the reconstitution of the Board to implement the Scheme of Arrangement approved by the National Company Law Tribunal (NCLT). The Board also approved new appointments on the recommendation of the Nomination and Remuneration Committee. Mr. Uday Shriram has been inducted as an Additional Director and appointed as Dy. Managing Director, while Mr. Rohan Shriram has been inducted as an Additional Director and appointed as Whole Time Director. Both appointments are effective from December 23, 2025. Furthermore, Mr. Madhav Bansidhar Shriram's designation has been changed from Managing Director to Managing Director & CEO. His basic salary has been revised from ₹5.8 lakh per month to ₹7.5 lakh per month, and his overall remuneration, including commission, has been increased from up to 3% of PBT to up to 5% of PBT, effective from the financial year 2025-26. Mr. Uday Shriram and Mr. Rohan Shriram are sons of Mr. Madhav Bansidhar Shriram and are part of the promoter group. The meeting commenced at 12:00 Noon and concluded at 1:30 P.M.