DCM Ltd. — Regulatory Filings 2021

Jul 28, 2021

July 28, 2021

BSELimited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400 001 National Stock Exchange of India Ltd. Exchange Plaza, Plot no. Cfl, G Block, Bandra-Kurla Complex, Bandra (E),Mumbai - 400 051

Scrip Code: 502820jDCM

Sub: Compliance under Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements).

Dear Sirs,

In terms of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time, we enclose herewith disclosure of Related Party Transactions on a consolidated basis, for the half year ended March 31,2021.

Please take the same on record.

Thanking you,

For DCM Limited

M. No. A32723

Address: Unit Nos. 2050 to 2852, 2ndFloor, Plaza - II, Central Square, 20, Manohar Lal Khurana Marg, Bara Hindu Rao, Delhi -110006 Email-investors@dcm.in. Ph: 011-41539170 Website: www.dcm.in

Enclosed - As above

E-mail id:investors@dcm.in

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 CIN: L74899DL1889PLC000004 Website: www.dcm.in Email id: dcmltd@dcm.in

Related Party disclosures on a consolidated basis - for the half year ended March 31, 2021

In accordance with the requirements of Ind AS 24 on Related Party Disclosures, the names of the related parties where control exists and/or with whom transactions have taken place during the period and description of relationships, as identified and certified by the management are:

Details of Related Parties and transactions

A. Name and description of relationship of the related party

Subsidiaries

1. DCM Textiles Limited

• 1. DCM Infotech limited (Formerly known as DCM Realty Investment & Consulting Limited)
• 1. DCM Engineering Limited (Formerly known as DCM Tools & Dies Limited)
• 1. DCM Finance & Leasing Limited 5. DCM Data Systems Limited
• 1. DCM Realty and Infrastructure Limited
• Joint controlled entity 7. Purearth Infrastructure Limited

Key management personnel

• 1. Mr. Jitendra Tuli –Managing Director
• 1. Mr. Ashwani Singhal Chief Financial Officer
• 1. Mr. Vimal Prasad Gupta Company Secretary
• 1. Mr. Dinesh Dhiman Whole Time Director (upto December 12, 2020)
• 1. Mr. Vinay Sharma Whole Time Director (From December 15, 2020)

Other Entities

• 1. DCM Engineering Products Educational Society
• 1. DCM Limited Superannuation Trust
• 1. DCM Employees Welfare Trust

Individual having direct or indirect control or signficant influence

1. Mr. Sumant Bharat Ram

Other Entities in which Individual described in Sr. 16 above have direct or indirect control

• 1. Juhi Developers Private Limited
• 1. Teak Farms Private Limited
• 1. Unison International IT Services Limited
• 1. Aggresar Leasing and Finance Private Limited 21. Atlantic Commercial Company Limited
• 1. Calipro Real Estates Private Limited
• 1. Shreshtha Real Estates Private Limited

B. Transactions with related parties:

		Amount in Rs./Lakh
Name of Related Party and Nature of Relationship	Nature of Transaction	Half year ended March 31, 2021	Half year ended March 31, 2020
Subsidiary
DCM Data Systems Limited	Expenses Reimbursed (Net) Support Service Income	0.35 3.50	- -
DCM Textiles Limited	Expenses Reimbursed (Net) Support Service Income	0.43 4.25	-
DCM Finance and Leasing Limited	Expenses Reimbursed (Net) Support Service Income Redemption of investment in preference shares	0.88 8.75 0.48	- - -
DCM Realty and Infrastructure Limited	Expenses Reimbursed (Net) Support Service Income	0.25 2.50	- -
DCM Infotech Limited	Dividend received Sales consideration received under Business Purchase Agreement Purchase of other assets	45.90 - -	800.83 1,013.71
Joint Controlled Entity
Purearth Infrastructure Limited	Building Maintenance, Electricity and other expenses (net) Purchase of rights in Residential Flats Payable for purchase of rights in flats (including Interest)	3.51 1,487.74 1,477.35	0.27 - -
Other Entity
DCM Engineering Products Educational Society	Expenses reimbursed (net)	-	22.35

B. Transactions with related parties:

		Amount in Rs./Lakh
Name of Related Party and Nature of Relationship	Nature of Transaction	Half year ended March 31, 2021	Half year ended March 31, 2020
Mr. Dinesh Dhiman	Short term employee benefits	7.48	20.28
	Post Employment benefits - Gratuity	6.58	-
	Other long term benefits - Compensated absences	1.47	-
Mr. Vimal Prasad Gupta	Short term employee benefits	3.70	9.01
Mr. Ashwani Singhal	Short term employee benefits	10.84	30.55
Mr. Vinay Sharma	Short term employee benefits	0.48	-
Mr. Jitender Tuli	Sitting Fees	-	1.20

* Provision for contribution to gratuity fund, leave encashment on retirement and other defined benefits which are made based on actuarial valuation on an overall company basis are not included in the remuneration of existing key management personnel.

The Company maintains superannuation trust for the purpose of administering the superannuation payment to its employees.

C Balance Outstanding in Balance Sheet

		Amount in Rs./Lakh
Name of Related Party and Nature of Relationship	Nature of Transaction	For year ended March 31, 2021	For year ended March 31, 2020
Joint Controlled Entity
Purearth Infrastructure Limited	Advance for purchase of rights in Residential Flats	1,535.60	47.21
	Payable for purchase of rights in flats (including Interest)	1,477.35	-
	Balance receivable	7.75	7.64
Subsidiary
DCM Infotech Limited	Balance payable	42.12	42.12
Other Entities
DCM Engineering Products Educational Society	Balance payable	7.38	-
DCM Employees Welfare Trust	Balance receivable (Net of provision)	179.89	179.89
	Provision for doubtful debts	100.00	100.00
Key Management Personnel
Mr. Dinesh Dhiman	Balance payable	5.03	5.03
Mr. Vimal Prasad Gupta	Balance payable	-	2.06
Mr. Ashwani Singhal	Balance payable	-	3.01
Mr. Vinay Sharma	Balance payable	0.48	-