DCM Shriram Fine Chemicals Ltd Summary
DCM Shriram Fine Chemicals Limited was incorporated on September 29, 2021 as a Public Limited Company and a Certificate of Incorporation dated September 30, 2021 was issued by Central Registration Centre, Manesar. Prior to the Scheme becoming effective, Company was a wholly owned subsidiary of DCM Shriram Industries Limited. Fine Chemical business started in early 1970s with a manufacturing facility in Daurala, Near Meerut, Uttar Pradesh using chemical processes with Photochlorination of Toluene, Cyanation etc.
Over time, DCM Shriram Industries Limited (DCMSR) leveraged its process expertise to develop and manufacture value-added products and derivatives, with Photochlorination and Cyanation forming its core technological strengths. In 1994, a new unit was set up as a separate company in the name of Daurala Organics Limited, to produce high value/ high technology drug intermediates. Affiliations with three European companies were established to obtain state-of-the-art technology.
This Company was later merged into DCM Shriram Industries Limited. It is one of leading producers in the world for Pharmaceuticals Intermediates, particularly in the Anti-Infective segment.The Company was incorporated with the main object to carry on the business of production and sale of chemicals and their by- products and to undertake contract manufacturing of chemical products. The Chemical Business of DCM Shriram Industries Limited got demerged into the Company with effect from April 1, 2023 in FY 2024-25.
The said Scheme of Demerger was given effect on December 17, 2025. 8,69,92,185 Equity Shares having the face value of Rs 2 each have been issued by the Company for listing pursuant to the Composite Scheme of Arrangement.