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DCM Ltd. Regulatory Filings 2020

Jul 16, 2020

61500_rns_2020-07-16_602f65f4-7887-495c-9e7d-29e4abd93833.pdf

Regulatory Filings

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BSELimited Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400001

National Stock Exchange of India Ltd Exchange Plaza, Plot no. CI1, G Block, Bandra-Kurla Complex Bandra (E), Mumbai - 400 051

Subject Covid-19 Pandemic and Its Impact

Scrip Code 502820jDCM

Dear Sir/Madam,

This is with reference to SEBICircular No. SEBI/HO/CFD/CMD1/CIR/P/2020/84 dated May 20,2020 issued by the Securities and Exchange Board of India (SEBI) titled Advisory on disclosure of material impact of CoVID 19 pandemic on listed entities under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Please note the Covid-19 Pandemic and Its Impact on OCM Limited as given below:

The Ministry of Home Affairs, Government of India on March 24, 2020 notified the first ever nationwide lockdown in India to contain the outbreak of Covid-19 pandemic. The Government has started to lift the lockdown in phases from the beginning of May 2020.

In view of the outbreak of the pandemic, the Company undertook timely and essential measures to ensure the safety and well-being of its employees. The office-based employees were allowed to work from home by providing adequate digital and other assistance. The Company observed all the government advisories and guidelines thoroughly and in good faith.

The Management has been closely reviewing the impact of COVID-19 on the Company. Due to continuation of lockout of Engineering Business Unit (Business Undertaking), declared on October 22, 2019, the operation of the said Business Unit remained suspended during the lock down period on account of COVID-19. Based on current indicators offuture economic conditions, the Company has concluded that

Registered Office: Unit Nos. 2050 to 2052, 2nd Floor, Plaza II, Central Square, 20, Manohar Lal Khurana Marg, Bara Hindu Rao, Delhi - 110006. Phone: (011) 41539170 ClN: L74899DLl889PLC000004 Website: www.dcm.in Email id: [email protected]

the impact of COVID 19 is not material on long term basis on the future potential of its said Engineering Business Unit and real estate operation. Due to the nature of the pandemic, the Company will continue to monitor any material changes on the future economic conditions and relating to its Businesses in future periods.

Thanking you,

For DCM Limited

Virna! Prasad Gupta Company Secretary & Compliance Officer FCS 6380