By: ICN Bureau
Last updated : August 09, 2022 12:13 pm
The Committee will examine different options and also engage the services of experts such as lawyers, financial advisors, valuer, merchant banker, etc. as may be required and submit its recommendations to the board for consideration
The board of directors of DCM Shriram Industries Limited in its meeting held on 8th August, 2022 constituted a Committee of independent directors/non-executive directors under the Chairmanship of the company's Chairman, S. B. Mathur (non-executive independent director) to explore the possibility of restructuring the company's operations with a view to unlock growth potential and shareholders' value.
The Committee will examine different options and also engage the services of experts such as lawyers, financial advisors, valuer, merchant banker, etc. as may be required and submit its recommendations to the board for consideration.
DCM Shriram Industries Limited is a diversified group with operations in sugar, alcohol, co-generation of power, organic and inorganic chemicals, drug intermediates, industrial fibres, and engineering projects related to defence production.