DCM Ltd. — Capital/Financing Update 2019

Sep 17, 2019

September 17, 2019

~ BSE Limit Floor 25 hiroze Jeejeebhoy Towers, Dal treet, mbai-400 001

~tional Stock Exchange of India Ltd. Exchange Plaza, Plot no. Cj1, G Block, Bandra-Kurla Complex, Bandra (E),Mumbai - 400051

Subject: Intimation under Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015

Dear Sir,

Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, please find enclosed herewith necessary information in respect ofsale or disposal of Unit(s) or Division(s) or subsidiary of the listed entity as per SEBICircular No. CIRjCFDjCMDj4j2015 dated September 9, 2015 read with Regulation- 30 - Para A of Part A of Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015is enclosed as Annexure 1.

This is for your information and records.

Thanking you,

Yours truly,

For DCM Limited

e-mail id: investors@dcm.in

Annexure - I

Necessary Information in respect of sale or disposal of Unit(s) or Division(s) or subsidiary of the listed entity as per SEBICircular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 read with Regulation 30 - Para A of Part A of Schedule III of SEBI (ListingObligations & Disclosure Requirements) Regulations, 2015

Sr.	Particulars	Details
No.
1	theamountandpercentageofthe
	turnoverorrevenueorincomeand				Rs.inCrores
	networthcontributedbysuchunit	Sr.	Particulars	Net	Turnover*
	ordivisionofthelistedentityduring	No.		Worth*
	thelastfinancialyear	1	DCMLimited	194.60	1100.04
			(including
			Textile
			Business
			demerged
			witheffect
			from
			appointed
			dateof
			01.04.2019)
		2	ITBusiness	15.03	43.79
		3	Percentage	7.72	3.98%
		*lastfinancialyear:April1,2018toMarch31,
		2019onstandalonebasis.
2	Dateonwhichtheagreementfor	The	Companyshall	enter	intobusiness
	salehasbeenenteredinto		transferagreementand/oranyother
			document(s)withitswhollyowned
			subsidiarynamelyDCMInfotechLimitedon
		or	beforeSeptember30,2019fortransferofIT
		BusinesseffectivefromSeptember16,2019.
3	Theexpecteddateofcompletionof	Thedocumentationand/orfilingofrequisite
	sale/disposal.	application(s)etc.isexpectedtobecompleted
		onorbeforeSeptember30,2019.

4	Considerationreceivedfromsuchsale/disposal.	Transfer/vestingofITBusinessoftheCompany,asgoingconcern,atBookValueason16.09.2019,subjecttorrurumumconsiderationofRs.8Crores.
5	Briefdetailsofbuyersandwhetheranyofthebuyersbelongtothepromoter/promotergroup/groupcompanies.Ifyes,detailsthereof.	DCMInfotechLimited,awhollyownedsubsidiaryoftheCompany.
6	Whetherthetransactionwouldfallwithinrelatedpartytransactions?Ifyes,whetherthesameisdoneat"arm'slength".	DCMInfotechLimitediswhollyownedsubsidiaryoftheCompany.Thusexemptfrompurviewofregulationsgoverningrelatedpartytransactions.
7	Additionally,incaseofaslumpsale,indicativedisclosuresprovidedforamalgamation/merger,shallbedisclosedbythelistedentitywithrespecttosuchslumpsale	Pleasereferpoints8to13below
8	Nameoftheentity(ies)formingpartoftheamalgamation/merger,detailsinbriefsuchas,size,turnoveretc.	StandalonefiguresasonMarch31,20191.DCMLimited(includingTextileBusinessdemergedw.e.f.1.4.2019)(TransferorCompany)TotalAssets:Rs.588.97CroresNetWorth:Rs.194.60CroresTurnover:Rs.1100.04Crores2.DCMInfotechLimited(TransfereeCompany)isawhollyownedsubsidiary
		oftheDCMlimited.TotalAssets:Rs.3.11CroresNetWorth:Rs.3.11CroresTurnover:NIL
9	Whetherthetransactionwouldfallwithinrelatedpartytransactions?Ifyes,whetherthesameisdoneat"arm'slength".	Pleasereferpoints6above
10	Areaofbusinessoftheentity(ies)	DCMLimited(TransferorCompany)EngineeringBusiness:Manufactureandsuppliesofgreyironcastingsforautomotivemarkets.

		Iexti!eBusiness:Manufacturingand!ordealingincottonyarns,threadsandvariousothercottontextile.Thisbusinesshasbeendemergedw.e.f.1.4.2019.
		Business:ServicesinITinfrastructureITmanagement.
		Realestatedevelopment
		DCMInfotechLimited(TransfereeCompany)
		TheObjectsclauseoftheCompanyhasbeenchanged!substitutedtoincludeITbusinessandrelatedserviceswitheffectfromSeptember3,2019.
11	rationaleforSlumpsale	TounlockthevalueoftheITBusinessundertakingnamelyDCMDataSystems,itisdecidedtorunthedivisionasaseparateentityfocusedonITbusinessandservicesspecializinginnetworking,analytics,cloud&digitaltechnologies.
		Toalsoexploreopportunitiestoattractprivateequity!strategicpartner(s)toachievedesiredgrowthinthesaidITbusiness.
12	Incaseofcashconsideration-amountorotherwiseshareexchangeratio.	TransferatBookValueasonSeptember16,2019subjecttominimumconsiderationofRs.8Crores.
13	briefdetailsofchangeinshareholdingpattern(ifany)oflistedentity.	NochangeinshareholdingpatternoftheCompany.