DCM Ltd. — Capital/Financing Update 2022

Sep 1, 2022

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LIMITED

September 1, 2022

BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, Dalal Street, Mumbai -400 001 G Block, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051 Scrip Code: 502820 Scrip Code: DCM

ISIN: INE498A01018

Sub : Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Dear Sir,

This is to inform you that due to continued situation of lockout on account of industrial unrest in the Engineering Business Undertaking of the Company namely ‘DCM Engineering Products’ (a Unit of the Company) (referred as ‘Engineering Unit’), there has been certain delay and/or default in payment of dues of term loans and working capital facilities (referred as ‘said Credit facilities’) availed by said Engineering unit of the Company from its bankers because of financial constraints. These banks have classified the said credit facilities as non-performing assets (NPA) in their books. The said credit facilities were secured by way of pari-passu charge on the fixed assets and current assets pertaining to said Engineering Unit of the Company.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) 2015, as amended, this is to inform you that HDFC Bank Limited (hereinafter referred to as ‘HDFC’) who has provided working capital/term loan facilities to the DCM Engineering Products, has agreed for the one time settlement (OTS) of their dues vide its letter dated August 30, 2022 received by the Company on August 31, 2022.

Pursuant to the said OTS sanction, the Company has made full and final payment of OTS amount to HDFC Bank Limited.

Registered office:

Unit Nos. 2050 to 2052, Plaza - II, 2[nd] Floor, Central Square, 20, Manohar Lal Khurana Marg, Bara Hindu Rao, Delhi – 110006. Phone: (011) 41539170

CIN: L74899DL1889PLC000004, Website: www.dcm.in, Email Id: investors@dcm.in

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LIMITED

Necessary information as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 read with Regulation 30 and Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, is given below:

1. Purpose of the OTS:

Resolution of NPA Debt and to secure mutual discharge and/or complete release from any obligation or liability of Credit facilities availed by Engineering Unit of the Company from HDFC.

2. Brief Summary of the Settlement:

HDFC vide its letter dated August 30, 2022 (‘OTS letter’) received by the Company on August 31, 2022 has conveyed its approval to accept Rs. 10.50 crores as One time full and final settlement against their total dues of Rs. 15.68 crores subject to terms and conditions as contained in the said OTS letter.

This is for your information and records.

Thanking you,

For DCM Limited

Yadvinde Digitally signed by Yadvinder Goyal Date: 2022.09.01 r Goyal 15:32:02 +05'30' Yadvinder Goyal Company Secretary

Registered office:

Unit Nos. 2050 to 2052, Plaza - II, 2[nd] Floor, Central Square, 20, Manohar Lal Khurana Marg, Bara Hindu Rao, Delhi – 110006. Phone: (011) 41539170

CIN: L74899DL1889PLC000004, Website: www.dcm.in, Email Id: investors@dcm.in