DCM Shriram Industries Limited has issued a Postal Ballot Notice dated January 13, 2026, seeking shareholder approval for the appointment of four individuals to key positions within the company. This notice, sent via electronic mode, outlines proposed special resolutions for these appointments. The proposed appointments include Mr. Anurag Surana (DIN: 00006665) and Mr. Sidharth Prasad (DIN 00074194) as Independent Directors. Both have been appointed as Additional Directors in this category and will hold office for a term of five years, from December 10, 2025, to December 9, 2030, subject to shareholder approval. The company highlights their extensive experience in economics, finance, and business leadership, noting that their appointments will aid in board diversification and compliance with SEBI (LODR) Regulations. Furthermore, the company seeks approval for the appointment of Mr. Uday Shriram (DIN: 11407307) as a Director liable to retire by rotation and as Deputy Managing Director, effective December 23, 2025. Mr. Uday Shriram, son of Managing Director Mr. Madhav B. Shriram, brings experience in data analytics and management consulting. His appointment is part of the company's succession plan and follows the implementation of a Scheme of Arrangement. His remuneration includes a monthly salary of ₹5.00 lakh, potential commission on profits, and perquisites such as housing allowance. Additionally, Mr. Rohan Shriram (DIN: 08940521) is proposed to be appointed as a Director liable to retire by rotation and as Whole Time Director, also effective December 23, 2025. The terms and conditions for his appointment are detailed in the Explanatory Statement. The remote e-voting period for the postal ballot will commence on January 26, 2026, at 9:00 AM (IST) and conclude on February 24, 2026, at 5:00 PM (IST). The cut-off date for determining eligible members to vote was January 19, 2026. KFIN Technologies Limited is facilitating the remote e-voting process.
