DCM Shriram Limited — Others, 18-01-2025: Cessation

The Board of Directors has approved significant appointments and changes. Mr. Tejpreet Singh Chopra has been appointed as an additional Independent Director for five years, while Mr. Deepak Gupta will serve as Company Secretary & Compliance Officer. Furthermore, Mr. Anoop Singh has been designated as Senior Management Personnel. The Board has also approved fundraising of up to ₹1,000 crore through Non-Convertible Debentures and in-principle approval for investment of ₹65 crore to acquire hardware manufacturing entities related to Fenesta Building Systems. These strategic appointments and funding plans are likely to bolster operations and enhance management effectiveness, presenting a potentially positive outlook for investors.