DCM Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a significant change in the company's key managerial personnel structure.

Key Personnel Change Details

Mr. Arjit Gupta, who served as Company Secretary, Compliance Officer, and Key Managerial Personnel, has tendered his resignation effective December 12, 2025. The resignation was formally submitted through a letter dated November 12, 2025, addressed to Managing Director Mr. Vinay Sharma.

Regulatory Compliance and Disclosure

The company has fulfilled its regulatory obligations by informing both major stock exchanges about this personnel change. DCM Limited communicated the resignation to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure was made pursuant to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring full transparency regarding changes in key managerial positions.

Resignation Process and Documentation

In his resignation letter, Mr. Gupta formally stepped down from all statutory and designated positions within the company. He specifically requested the company to file necessary forms with the Registrar of Companies, Ministry of Corporate Affairs, and provide intimation to stock exchanges to give effect to his resignation.

The resignation follows a mutually agreed timeline, with December 12, 2025, established as the last working day. This structured approach ensures smooth transition and compliance with all regulatory requirements for key managerial personnel changes.

DCM Limited , a diversified company with interests in IT services and grey iron casting, has reported a consolidated profit of Rs 145.00 lakh for the quarter ended September 30, 2025, compared to Rs 71.00 lakh in the same quarter last year. The company's performance shows resilience despite ongoing challenges in its engineering division and real estate operations.

Key Financial Highlights

• Revenue from operations remained stable at Rs 1,762.00 lakh versus Rs 1,663.00 lakh in the previous year.
• Other income increased to Rs 116.00 lakh from Rs 51.00 lakh in the corresponding quarter.
• The IT Services segment continued to be the primary revenue driver, contributing Rs 1,750.00 lakh to the total revenue.

Segment Performance

The IT Services segment showed strong performance, while the Grey Iron Casting segment continued to face challenges.

Ongoing Challenges

Engineering Division Lockout

The company's engineering business undertaking remains under lockout since October 22, 2019. DCM has not made provisions for wages during the lockout period, which amount to Rs 7,719.00 lakh as of September 30, 2025.

Real Estate Project Complications

DCM is facing issues with its Hisar land development project. The development license (No. 179 of 2022) for the 67.275-acre project has been suspended by the Director General, Town and Country Planning, Haryana.

Joint Development Agreement (JDA) Termination

On November 1, 2025, DCM issued a notice of forfeiture and termination of the JDA with GCD Prime (Developer) due to the developer's failure to obtain revocation of the license suspension.

Financial Position

• The company's current liabilities, including an advance of Rs 5,000.00 lakh under the JDA, exceed current assets by Rs 745.00 lakh as of September 30, 2025.
• Despite these challenges, management believes the company can continue operations by focusing on real estate operations and restructuring its Engineering Business Undertaking.

Future Outlook

DCM Limited is at a critical juncture, facing significant challenges in its engineering and real estate segments. The company's ability to resolve the ongoing issues with its Hisar land development project and the engineering division lockout will be crucial for its future performance. The IT Services segment remains a bright spot, providing stability to the company's overall operations.

Investors and stakeholders will be closely watching how DCM navigates these challenges and implements its strategies to improve liquidity and operational performance in the coming quarters.