DCM Ltd. — Regulatory Filings 2023

Apr 19, 2023

April 19, 2023

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400 001

National Stock Exchange of India Ltd. Exchange Plaza, Plot no. Cj1, G Block,Bandra - Kurla Complex, Bandra (E),Mumbai - 400 051

Scrip Code: 502820 Scrip Code: DCM

ISIN: INE498AOI018

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 and August 12, 2022 intimating you about the signing of a 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.

Please also refer Company's letter(s) dated November 11, 2022 and March 16, 2023 intimating you:

• Receipt of licence from the Director, Town and Country Planning, Haryana, Chandigarh for setting up of affordable residential plotted colony under Deen Dayal [an Awas Yojana-2016 (DDJAY-2016)on 67.275acres of the aforesaid land;
• Registration of the Company's said Real Estate Project by Haryana Real Estate Authority, Panchkula (HRERA, Panchkula) vide Registration no. HRERA-PKL-HSR-427-2023.

In this connection, please note that the Director General, Town and Country Planning, Haryana, Chandigarh vide its order no. LC-4455IJE(S)j2023j10909-21 dated 18-04-2023 has suspended the said Licence No. -197 of 2022 dated 7.11.2022till further orders and licensee is directed not to carry out any development work in the colony and also not to create any third party right unless the said suspension is revoked. »: - .

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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 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 SEBICircular 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 and Disclosure Requirements) Regulations, 2015, as amended, is enclosed herewith as Annexure -I.

This is for your information and records.

Encl.- as stated above

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 Director General, Town and Country Planning, Haryana, Chandigarh (DTCP, Chandigarh).
2	brief details of the approval/license obtained/ J,,'1ithdrm'ln/ surrendered suspension of licence.	DTCP, Chantligarh vide its order no. LC 4455/JE(S)/2023/10909-21 dated 18-04- 2023 (referred as said order) has suspended the LicenceNo. -197of 2022dated 7.11.2022 granted to DCM Limited in joint development with GCD Prime for setting up of affordable residential plotted colony under Deen Dayal [an Awas Yojana-2016 (DDJAY-2016) on Company's land admeasuring 67.275 acres (referred as said licence), till further orders.
3	of such Impact/ relevance to the listed approval/license entity.	NA
4	VVithdrawalfcancellation suspension of licence/ approval by the regulatory or licensing authority, with reasons for such action, estimated impact (monetary or otherwise) on the listed entity and penalty, if any.	As per said order dated 18.4.2023,DTCP, Chandigar h has suspended the said Licence taking a note that an enquiry has been initiated against the Company by Deputy Commissioner against the Company's said land at Hisar. The copy of said order no. LC 4455/JE(S)/2023 / 10909 -21 dated 18-04- 2023 of the Director General, Town and Country Planning, Haryana, Chandigarh is attached as Annexure-1A. Further as per the said order, the Licenceeis directed not to carry out any development work in the colony and also not to create any

		third party right unless the said suspension is revoked.
5	which Period for such approval/license is/was valid.	NA
6	entity Subsequently, the listed shall inform the stock exchange(s), the actual impact (monetary or otherwise) along with corrective actions taken by the listed entity v/ithdrawal, pursuant to the cancellation or suspension of the key license/ approval.	Please refer the details given in point 4 above for the impact of said order. The Company is taking appropriate action in the matter to contest the said order. ;

ORDER

Whereas, license has been granted to you under the Haryana Development and Regulation of Urban Areas Act, 1975 & the Rules of 1976, made thereunder for setting up of a Affordable Residential Plotted Colony under DD,JAY Policy - 2016 on an area measuring 67.275 acres in the revenue estate of village Bir Hisar, Scctor-23, Hisar.

Whereas, it has come to my notice that an enquiry has been initiated against Delhi Cloth and General Mill Company Ltd. regarding illegal sale of land and changing use of the land of the Mill which was allotted to DCM Ltd. for using it for the purpose of Mill works only, however, licence no. 179 of 2022 has been obtained for the land in question. The above action indicates non disclosure of complete facts while filing the licence application and thus points towards fraudulent intent on part of the application.

Deputy Commissioner has also initiated an enquiry against the said land. Accordingly, the licence no, 179 of 2022 dated 07.11.2022 is hereby suspended under the .provisioris of Section 3(3)(3)(3A) of the Haryana Development and Regulation of Urban Areas Act, 1975, tin further orders. The licencee is hereby directed not to carry out any development works in the colony and also to not create any third party rights unless this suspension is revoked.

The colonizer is accordingly directed to appear before the undersigned on ::21· OLt.2.m3@ .3: 00'l'(. for an opportunity of personal hearing after which further course· of matter shall be decided. ~ ~O~.~ .

(T.L. Sat yap kash, lAS) Director .Jeneral, Town and Country Planning Haryana, Ch andigarh

I Oqdf-~I Endst. No. LC-4455NE(S)/2023/ Dated:

A copy along 'with a copy of schedule of land is forwarded to the following for information and necessary action: -

• 1. DCM Limited in joint development agreement with GCD Prime. Unit No. 2050- 2052, 2nd Floor, Plaza-Il, Central Square, 20 Manohar Lal K11ur&''1aMarg, Bara Hindu Rae, Delhi - 110006.
• 1. Chief Administrator, HSVP, Panchkula.
• 1. Managing Director, HVPNL, Planning Directorate, Shakti Bhawan, Sector-6, Panchkula.
• 1. Deputy Commissioner-cum-Registrar, Hisar with request not to execute sale/conveyance/lease deed pertaining to the property situated in the above said licensed colony till further order in the matter. He is also requested to intimate above the proceedings of the enquiry.
• 1. Joint Director', Environment Haryana Cum-Secretary, SEAC, Paryavaran Bhawan, Scctor-Z, Panchkula.
• 1. Director Urban Estates, Haryana, Panchkula.
• 1. Chief Engineer, HSVP, Panchkula.
• 1. Superintending Engineer, HSVP, Hisar,
• 1. Land Acquisition Officer, Hisar.
• 1. Senior Town Planner, Hisar.
• 1. District Town Planner, Hisar with directions to stop all the development works at site immediately and to install a display board at conspicuous location of the licensed land intimating the general public not to indulge in sale/purchased of property in the colony till further orders.
• 1. Chief Accounts Officer, 0/0 DGTCP, Haryana.
• 1. PM (ITCell) with a request to update the status on the website of the Department.

(Ashisn District To Planner For: Director General TO\vTIand Country Planning . Haryana Chandigarh