DCM Shriram Invites Deposits Up to ₹150 Crore with Attractive Interest Rates
DCM Shriram International Limited is inviting public deposits up to ₹150 Crore. The company offers interest rates of 6.75% p.a. for a 3-year tenure, with higher rates for shareholders and employees. Deposits opened on August 24, 2026, and aim to meet short-to-medium term financial needs. CARE Ratings has assigned a 'CARE A-(FD)' rating.
The company is raising funds through public deposits, which is a form of debt financing. The amount of ₹150 Crore is significant and could impact the company's capital structure and financial leverage. The attractive interest rates offered may also influence investor behavior.
The announcement is a routine regulatory filing regarding the invitation of public deposits, which is a standard corporate finance activity. While it offers attractive interest rates, it does not present any significant positive or negative news for the company's core operations or financial performance.
DCM Shriram International Limited has published a newspaper advertisement inviting public deposits, pursuant to Section 73(2)(a) & 76 of the Companies Act, 2013, and related rules. The company is offering fixed deposits under Non-Cumulative and Cumulative Schemes.
The Non-Cumulative Scheme offers an interest rate of 6.75% per annum for a 3-year tenure, with a minimum acceptable amount of ₹25,000. For company shareholders and employees, the rate is 7.25% p.a. The Cumulative Scheme also offers 6.75% p.a. for 3 years, with a maturity value of ₹30,594 for a minimum deposit of ₹25,000, resulting in an effective annual yield of 7.46% with interest compounded monthly. For company employees, the minimum amount acceptable is ₹10,000.
The company plans to raise up to ₹1500 Lacs (₹150 Crore) through these deposits to meet its short and medium-term financial requirements. The schemes opened on August 24, 2026, and the circular/advertisement is valid until September 30, 2027, or the date of the next AGM, whichever is earlier. CARE Ratings has assigned an adequate degree of safety rating of CARE A-(FD) to the company's fixed deposits, indicating low credit risk.
The advertisement, published in 'Financial Express' and 'Jansatta' on August 28, 2026, also includes details about the company's management, business activities (including Industrial Fibres, Defence Armoured Vehicles, and UAVs), and financial position. The company has reported profits before tax of ₹13,877.08 lacs for FY24, ₹8,299.47 lacs for FY25, and a loss of ₹858.13 lacs for FY26. The Board of Directors has declared that the company has no defaults in repayment of statutory dues or loans and is of the opinion that it can meet its liabilities.
A plain-language summary of a public exchange filing by DCM Shriram International Limited. Read the original for the full detail.