DCM Textiles is part of the DCM group.
DCM started its journey with formation of public limited Company incorporated on March 26, 1889 in the name and style of Delhi Cloth & General Mills Co. Ltd. under the provisions of Act VI of 1882. The name of the Company was changed on October 6, 1983 to DCM Limited.
DCM started its operations in 1889 by establishing a spinning mill at Delhi. Over the years, it expanded and diversified its activities into a number of manufacturing activities such as Textiles, Sugar, Chemicals, Rayon, Tyre Cord, Fertilizers, Electronic Data Processing Machines and Engineering Products etc.
The business of the Company was reorganized with effect from 1.4.1990 under a Scheme of Arrangement under section 391 / 394 of the Companies Act, 1956. Under the said reorganization, all units of the Company existing at that time stood vested and / or continued to vest in terms of the said Scheme into four separate companies namely,
- DCM Limited (holding company of DCM Textiles)
- DCM Shriram Industries Limited
- DCM Shriram Consolidated Limited
- Shriram Industrial Enterprises Limited
