DCM Financial Services Ltd. — AGM Information 2022

Oct 1, 2022

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Date: 01.10.2022

To, To, To, The Head-Listing The Head-Listing Compliance The Manager Compliance National Stock Exchange of The Calcutta Stock Exchange BSE Ltd. India Ltd . Ltd. PhirozeJeejeebhoy Towers, Exchange Plaza, Plot No. 7, Lyons Range, Murgighata, Dalal Street, Fort, C/1, G Block, Bandra-Kurla BBD Bagh, Kolkata Mumbai-400001 Complex West Bengal – 700001 Mumbai-400051 Security Code- 511611 Symbol: DCMFINSERV Scrip Code: 014032

Sub: Submission of documents of Annual General Meeting as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Ma’am,

Please find attached herewith the following documents in respect of 31[st ] Annual General Meeting of the Company held on Friday, September 30, 2022 (Commenced at 01:23 P.M. and concluded at 01:41 P.M.) through Video Conferencing (VC) in accordance with guidelines of the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

1. Summary of proceedings of Annual General Meeting as required under Clause 13 of Part-A of Schedule –III of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as Annexure – I.

Submitted for your information and records.

By order of the Board of Directors For DCM Financial Services Limited

Place: New Delhi

Digitally signed by NIDHI DEVESHWAR Date: 2022.10.01 13:18:17 +05'30'

NIDHI

DEVESHWAR

Nidhi Deveshwar Wholetime Director DIN: 09505480

DCM FINANCIAL SERVICES LIMITED

CIN:L65921DL1991PLC043087

Regd. Office: D 7/3, Okhla Industrial Area-II, New Delhi-110020 Tel-011-26387750 email ID: info@dfslonline.in Website: www.dfslonline.in

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Annexure –I

PRESENT:

Board of Directors:

Mrs. Nidhi Deveshwar Wholetime Director Ms. RichaKalra Independent Director& Chairperson of Audit Committee, Nomination & Remuneration Committee and Stakeholder Relationship Committee.

Ms. Damanpreet Kaur Independent Director Ms. Rajni Gupta Independent Director

Mr. Kaushal Kashyap Director

Invitees:

Mr. Rishi Mittal Statutory Auditor Representative of M/sMukeshAggarwal&Co. Chartered Accountants Mr.TanayOjha Secretarial Auditor Representative of M/s. Ojha & Associates, Practicing Company Secretaries

Ms. Preeti Mittal Representative of M/s. Jain P & Associates, Practicing Company Secretary

Scrutinizer

Company Secretary & Compliance Officer and Chief Financial Officer

DCM FINANCIAL SERVICES LIMITED

CIN:L65921DL1991PLC043087 Regd. Office: D 7/3, Okhla Industrial Area-II, New Delhi-110020 Tel-011-26387750 Email ID: info@dfslonline.in Website: www.dfslonline.in

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Ms. Somali Tiwari

Vice-President

Mr. Vikram Dogra

Summary of Proceedings of 31[st] Annual General Meeting held on 30[th] Day of September, 2022 at 01:23 P.M.

• The 31[st ] Annual General Meeting of the Members of DCM Financial Services Limited (‘the Company’) was held on Friday, September 30, 2022 at 01:23 P.M. through Video Conferencing (‘VC’) in accordance with guidelines of the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). The deemed venue for 31[st] Annual General Meeting was the Registered Office of the Company at D-7/3, Okhla Industrial Area, Phase-2, New-Delhi-110020.

• Total 62 Members were present at the meeting through Video conferencing.

• Ms. Somali Tiwari, Company Secretary & Compliance Officer welcomed theMembers, Directors and Auditors who had joined the meeting through VideoConferencing and briefed that AGM was convening through VC. Thereafter,Company Secretary introduced the Board Members & other invitees who werepresent through VC including:

• Mrs. Nidhi Deveshwar- Wholetime Director

• Ms. Richa Kalra-Independent Director& Chairperson of Audit, StakeholderRelationship and Nomination & Remuneration Committees.

• Ms. Rajni Gupta-Independent Director

• Ms. Damanpreet Kaur-Independent Director

• Mr. Kaushal Kashyap-Director

• In addition to this, financial performance has been apprised to the shareholders of theCompany for the financial 2021-22 by the Company Secretary & CFO of theCompany.

• The Company Secretary informed that the Company had tied up with CentralDepository Services (India) Limited (CDSL) to provide facility for voting throughremote e-voting, e-voting during the AGM and it was further informed that theCompany had tied up with Beetal Financial & Computer Services Private Limited forproviding the facility of VC.

DCM FINANCIAL SERVICES LIMITED

CIN:L65921DL1991PLC043087

Regd. Office: D 7/3, Okhla Industrial Area-II, New Delhi-110020

Tel-011-26387750 Email ID: info@dfslonline.in Website: www.dfslonline.in

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• Mrs. Nidhi Deveshwar was elected as the Chairperson of the meeting. She presided over the meeting. Therequisite quorum being present, the Chairperson called the meeting to order. All theDirectors & KMPs attended the meeting except Mr. Sanjay Sahni.

• Then the speech was delivered by the Chairperson of the meeting.

• The Chairperson informed the Members that the Company had provided thefacility to its Members the facility to cast their vote electronically, on allresolutions set forth in the Notice by Remote E-Voting and the members who werepresent at the meeting and had not cast their votes electronically were providedan opportunity to cast their votes during the continuance of meeting through E-Voting.

• The Chairperson also apprised the members that notice of the annual generalmeeting was duly dispatched to all the members as on the “cut-off date”. Then notice was taken as read.

• The Chairperson further apprised that the Board of Directors had appointed M/s. Jain P& Associates, Practicing Company Secretaries, as the Scrutinizer toscrutinize the e- voting process.

Accordingly, the said meeting was held and below given resolutions was deliberatedat the meeting. Then, Clarifications were also provided to the queries raised by members of the Company, if any.

ORDINARY BUSINESS:

1. Consideration and adoption of the “Standalone and Consolidated Audited Financial Statements” of the Company for the year ended on 31[st] March, 2022 together with the Report of the Directors’ and Auditors’ thereon.

2. Re-appointment of Mr. Kaushal Kashyap (DIN: 07683753), Director who retires by rotation at this Annual General Meeting and being eligible, offers himself for Reappointment.

3. Re-appointment of the appointment of M/s.MukeshAggarwal& Co., Chartered Accountant, (Firm Registration No. 000393N) as the Statutory Auditors of the Company to hold office for a term of five years to hold the office from the conclusion of 31[st] Annual General Meeting till the conclusion of 36[th] Annual General Meeting of the Company.

DCM FINANCIAL SERVICES LIMITED

CIN:L65921DL1991PLC043087

Regd. Office: D 7/3, Okhla Industrial Area-II, New Delhi-110020 Tel-011-26387750 Email ID: info@dfslonline.in Website: www.dfslonline.in

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SPECIAL BUSINESS

4. Re-appointment of Ms. Daman Preet Kaur (DIN: 07475919) as anIndependent Director for a second termof five consecutive years commencing from November 30, 2022 up to November29, 2027, not liable to retire by rotation.

The Chairperson declared the meeting duly called, held and convened and the meeting was concluded with a thanks giving speech by the Company Secretary at 01:41 PM.

The votes cast through e-voting and remote e-voting will be unblocked by the scrutinizer and a “Consolidated Scrutinizer Report” will be submitted, to the Chairperson of the meeting within two working days from conclusion of the meeting.

The results will be also posted at the notice board of the registered office of the Company and it will be displayed on the website of the Company and will also be intimated to the Stock Exchanges (BSE Ltd., NSE Limited & CSE Limited), where scrips of the company are listed.

The Company Secretary& Compliance officer thanked everyone joining the meeting and the meeting was disbursed.

By order of the Board of Directors For DCM Financial Services Limited

Date: 01.10.2022 Place: Delhi

NIDHI Digitally signed by NIDHI DEVESHWAR DEVESHWAR Date: 2022.10.01 13:17:25 +05'30' (NidhiDeveshwar) Whole Time Director (DIN: 09505480)

DCM FINANCIAL SERVICES LIMITED

CIN:L65921DL1991PLC043087

Regd. Office: D 7/3, Okhla Industrial Area-II, New Delhi-110020 Tel-011-26387750 Email ID: info@dfslonline.in Website: www.dfslonline.in

Pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 a brief profile of M/s. Mukesh Aggarwal & Co., Chartered Accountants is enclosed herewith

The Board has re-appointed M/s. Mukesh Aggarwal & Co., Chartered Accountants as the Statutory Auditors of the Company in compliance with Section 139 of the Companies Act, 2013 read with the applicable rules.

Sr. No.	Particulars	Details
1	Reason forChange	Re-appointment
2	Date of Re-appointment & Terms of Re-appointment	Re-appointment shall be effective from the conclusion of the 31st Annual General Meeting (AGM) i.e. 30thSeptember, 2022 Re-appointment is for a period of 5 years commencing from the conclusion of 31st AGM till the conclusion of the 36th AGM of the Company, as per approval of the shareholders at the 31st AGM of the Company at such remuneration to be decided by Board of Director in consultation with the Auditors along with their reimbursement of out of pocket expenses incurred by them for the purpose of audit.
3	Brief Profile	Mukesh Aggarwal & Co. is a leading chartered accountancy firm in New Delhi. It provides comprehensive professional services which include Audit, Tax Advisory, Management Consultancy, Financial Management and Accounting Services etc. to a large and wide variety of clients throughout India. Their clients include listed and non-listed public sector and private corporate & others and cover a broad spectrum of industries ranging from manufacturing, construction, insurance, banking, power, retail, hospitality, and information technology etc. The capacity of the firm, the experience of the team and their process ability in coordinating the services enables them to deliver the service on time.