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DCM Ltd. — Regulatory Filings 2023
Mar 16, 2023
61500_rns_2023-03-16_8391b38d-6421-464b-9dd0-a5dc03655d0e.pdf
Regulatory Filings
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LIMITED
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March 16, 2023
BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, Dalal Street, G Block, Bandra - Kurla Complex, Mumbai -400 001 Bandra (E), Mumbai – 400 051
Scrip Code: 502820 Scrip Code: DCM
ISIN: INE498A01018
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Dear Sir,
This is in continuation of the Company’s earlier letter(s) dated May 19, 2022, August 12, 2022, and November 11, 2022, intimating you about the signing of a non-binding Term Sheet and entering into a ‘Joint Development Agreement’ with a party for the development of Company’s land parcel admeasuring about 68.35 acres situated in the revenue state of Village Bir Hisar, Sector-23, Hisar, Haryana and subsequent receipt of license from the Director, Town and Country Planning, Haryana, Chandigarh for setting up of affordable residential plotted colony under Deen Dayal Jan Awas Yojana2016 (DDJAY-2016) on 67.275 acres of the aforesaid land.
In this connection, Haryana Real Estate Authority, Panchkula (HRERA, Panchkula) has registered the Company’s Real Estate Project of setting up of affordable residential plotted colony under Deen Dayal Jan Awas Yojana-2016 2016 (DDJAY-2016) (Referred as ‘Project’) on the Company’s land admeasuring 67.275 acres situated in the revenue state of Village Bir Hisar, Sector-23, Hisar, Haryana (referred as ‘Hisar Land’) vide Registration no. HRERA-PKL-HSR-427-2023. (Referred as ‘HRERA Registration’).
DCM Limited is the Promoter of the Project in the HRERA Registration.
The said HRERA Registration is subject to compliance and/or fulfillment of certain terms and conditions as contained in the Certificate of Registration of the Project dated 15.3.2023 issued by HRERA, Panchkula.
This intimation is in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Further necessary information in respect of aforesaid, as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, read with Regulation 30 – Para B of Part A of Schedule III of
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: [email protected]
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LIMITED
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, is enclosed herewith as Annexure -I.
This is for your information and records.
Thanking you, Yours truly, For DCM Limited
Digitally signed Yadvind by Yadvinder Goyal er Goyal Date: 2023.03.16 14:25:29 +05'30'
Yadvinder Goyal Company Secretary
Encl. – As above
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: [email protected]
Annexure - I
Information as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 - read with Regulation 30 Para B of Part A of Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended.
| Sr. No. |
Particulars | Details |
|---|---|---|
| 1 | Name of the regulatory or licensing authority. |
The Haryana Real Estate Regulatory Authority, Panchkula (HRERA, Panchkula). |
| 2 | brief details of the approval/license obtained/~~withdrawn/ surrendered~~ |
HRERA, Panchkula has registered the Company’s Real Estate Project of setting up of affordable residential plotted colony under Deen Dayal Jan Awas Yojana-2016 2016 (DDJAY-2016) (Referred to as ‘Project’) on the Company’s land admeasuring 67.275 acres situated in the revenue state of Village Bir Hisar, Sector-23, Hisar, Haryana (Referred as ‘Hisar Land’) vide Registration no. vide Registration no. HRERA-PKL-HSR-427-2023. (Referred to as ‘HRERA Registration’). DCM Limited is the Promoter of the Project in the said registration by HRERA, Panchkula. The HRERA Registration is subject to compliance and/or fulfillment of certain terms and conditions as contained in the Certificate of Registration of the Project dated 15.3.2023 issued by HRERA, Panchkula. |
| 3 | Impact/relevance of such approval/license to the listed entity. |
The Company will be able to enlarge its real estate business activities and/or monetization of its real estate asset(s). |
| 4 | Withdrawal/cancellation or suspension of licence/approval by the regulatoryor licensingauthority, |
Not Applicable |
| with reasons for such action, estimated impact (monetary or otherwise) on the listed entity and penalty,if any. |
||
|---|---|---|
| 5 | Period for which such approval/license is/was valid. |
As per the said HRERA Registration, the Project is to be completed by 31.12.2025. |
| 6 | Subsequently, the listed entity shall inform the stock exchange(s), the actual impact (monetary or otherwise) along with corrective actions taken by the listed entity pursuant to the withdrawal, cancellation or suspension of the key license/ approval. |
Not Applicable |