DCM Nouvelle Limited has informed the exchanges regarding the outcome of a resolution passed by circulation by its Board of Directors on April 28, 2026. The board has approved the appointment of specialized agencies to manage upcoming shareholder voting processes. This administrative update ensures the company maintains compliance with regulatory requirements for fair and transparent corporate governance.

The specific resolutions passed include the appointment of M/s Pragnya Pradhan and Associates, Practicing Company Secretaries, as the Scrutinizer to oversee the e-voting and ballot process. Furthermore, the National Securities Depository Limited (NSDL) has been appointed to provide the technical platform for the e-voting services. The board also finalized the Postal Ballot Notice dated April 28, 2026, which includes the explanatory statement and the planned calendar of events for these corporate actions.

DCM Nouvelle is a Hissar-based manufacturer of cotton yarn with a capacity of approximately 158,000 spindles. It operates as a BCI, GOTS, and OEKO-TEX certified exporter of 100% cotton carded and combed yarns in various count ranges. During 2025, the company focused on expanding its domestic sales and increasing exports to Bangladesh to mitigate a decline in demand from the Chinese market. Significant developments in late 2025 included the setup of a solar power plant intended to reduce long-term power costs and the continued automation of its manufacturing facilities.

For the financial year ending March 31, 2025, the company reported an annual revenue of approximately ₹1,080 Crores. The financial risk profile remained healthy during the 2025 period, with a net worth of around ₹306 Crore as of March 31, 2025. Regarding investor sentiment, prominent institutional ownership in the company is represented by insurance companies and foreign portfolio investors, who held stakes of 1.27% and 0.61% respectively as of recent 2026 filings. The promoter group, led by Mr. Hemant Bharat Ram, maintains a significant controlling interest of approximately 50.11% in the company.