Integrated Filing — IndAS



General information about company

Scrip Code 511611
NSE Symbol DCMFINSERV
MSEI Symbol NOTLISTED
ISIN INE891B01012
Name of company DCM FINANCIAL SERVICES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment FINANCE & LEASING
Start date and time of board meeting 29-May-2025   16:00:00
End date and time of board meeting 29-May-2025   17:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification



Financial Results Ind-AS

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 0 0
Other income -265000 16707000
Total income -265000 16707000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 1705000 6603000
(e) Finance costs 258000 1894000
(f) Depreciation, depletion and amortisation expense 722000 2957000
(f) Other Expenses
1 Other Expenses 6848000 13790000
Total other expenses 6848000 13790000
Total expenses 9533000 25244000
3 Total profit before exceptional items and tax -9798000 -8537000
4 Exceptional items 0 0
5 Total profit before tax -9798000 -8537000
6 Tax expense
7 Current tax 0 0
8 Deferred tax -1652000 3324000
9 Total tax expenses -1652000 3324000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations -8146000 -11861000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -8146000 -11861000
17 Other comprehensive income net of taxes 72000 59000
18 Total Comprehensive Income for the period -8074000 -11802000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent -8143000 -11854000
Total profit or loss, attributable to non-controlling interests -3000 -7000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent -8071000 -11795000
Total comprehensive income for the period attributable to owners of parent non-controlling interests -3000 -7000
21 Details of equity share capital
Paid-up equity share capital 221251000 221251000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve -720783000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.37 -0.54
Diluted earnings (loss) per share from continuing operations -0.37 -0.54
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.37 -0.54
Diluted earnings (loss) per share from continuing and discontinued operations -0.37 -0.54
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 104835000
Capital work-in-progress
Investment property
Goodwill 0
Other intangible assets 0
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 114000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 36639000
Total non-current financial assets 36753000
Deferred tax assets (net)
Other non-current assets 14670000
Total non-current assets 156258000
2 Current assets
Inventories 0
Current financial asset
Current investments 6652000
Trade receivables, current 0
Cash and cash equivalents 1626000
Bank balance other than cash and cash equivalents 46388000
Loans, current 0
Other current financial assets 2764000
Total current financial assets 57430000
Current tax assets (net)
Other current assets 254000
Total current assets 57684000
3 Non-current assets classified as held for sale 767000
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 214709000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 221251000
Other equity -720783000
Total equity attributable to owners of parent -499532000
Non controlling interest 280000
Total equity -499252000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 20770000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 20770000
Provisions, non-current 1302000
Deferred tax liabilities (net) 8868000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 30940000
Current liabilities
Current financial liabilities
Borrowings, current 673188000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other current financial liabilities 7529000
Total current financial liabilities 680717000
Other current liabilities 1229000
Provisions, current 1075000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 683021000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 713961000
Total equity and liabilites 214709000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss -33000 -15000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss -39000 -44000
5 Total Other comprehensive income 72000 59000



Cash flow statement, indirect

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax -8537000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1894000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 0
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -11000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 609000
Adjustments for other financial assets, current -79000
Adjustments for other bank balances 13126000
Adjustments for increase (decrease) in trade payables, current 0
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -482000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 2957000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 568000
Adjustments for provisions, non-current -346000
Adjustments for other financial liabilities, current -10764000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 32000
Adjustments for interest income 6066000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 4707000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 15000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 6096000
Net cash flows from (used in) operations -2441000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 452000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -2893000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 0
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 32000
Interest received 6066000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities 6098000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 1782000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 1894000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -3676000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -471000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -471000
Cash and cash equivalents cash flow statement at beginning of period 2097000
Cash and cash equivalents cash flow statement at end of period 1626000





Details of Impact of Audit Qualification

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. V Sahai Tripathi & Co. Yes 28-Feb-2026


Financial details

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 16707000 16707000
2 Total Expenditure 25244000 25244000
3 Net Profit/(Loss) -11861000 -11861000
4 Earnings Per Share -0.54 -0.54
5 Total Assets 214709000 214709000
6 Total Liabilities 713961000 713961000
7 Net Worth -499252000 -633252000


Audit qualification

Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Repetitive Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)
3 Textual Information(11) Qualified opinion Repetitive Textual Information(12) Textual Information(13) Textual Information(14) Textual Information(15)
4 Textual Information(16) Qualified opinion Repetitive Textual Information(17) Textual Information(18) Textual Information(19) Textual Information(20)
5 Textual Information(21) Qualified opinion Repetitive Textual Information(22) Textual Information(23) Textual Information(24) Textual Information(25)
6 Textual Information(26) Qualified opinion Repetitive Textual Information(27) Textual Information(28) Textual Information(29) Textual Information(30)


Text Block

Textual Information(1) Justice Anil Kumar* as one man committee was appointed vide order dated:- 3rd September, 2015 by the Honble High Court of Delhi to scrutinize the list of depositors and other claimants and to take steps enumerated hereinafter with the view to resolve at-least some of the disputes. The one-man committee submitted its report on to Honble High Court of Delhi on 22nd April, 2016.Taking cognizance of the report, Honble High Court of Delhi on 10th August, 2017 accepted the recommendation of one-man committee enumerated in the report. Under Scheme of One-Man Committee, Interest of Rs 235 lakhs are payable to Debenture Holders and Rs 1,448 lakhs are payable to Fixed Depositors under Phase-2 of Schedule of Payments laid down by One Man Committee. Presently the said committee has waived any further payment of Interest to Fixed Depositors, Debenture-holders and other lenders, however on complete liquidation of properties and investments, if any surplus remains after payment to all stakeholder creditors, then further payment of Interest would be decided. All stakeholders creditors which are covered under scheme has given its consent to the scheme. No provision of Rs. 1,683 lakhs as laid down under the scheme towards Interest on Debentures and Fixed Deposits, have been provided in the consolidated financial statements on the outstanding amount of Debentures and Fixed Deposits. nHad interest of Rs. 1,683 lakhs been provided for in the financial statements of year ending 31st March 2018 on outstanding amount of Debentures and Fixed Deposits, the Net Profit before tax would have been lowered by Rs. 1,683 Lakhs and Net Profit after tax would have been lowered by Rs. 1,340 Lakhs as at 31st March, 2018. The cumulative net loss as well as Current Liabilities as at 31st March, 2025 would have been higher by Rs 1,340 lakhs. nDuring the current financial year, the Company has paid said interest of Rs. 18.92 lakhs , but has accounted for the same as finance cost in the current periods profit and loss account instead of classifying and disclosing it as a prior period item as required by Ind AS 8, Accounting Policies, Changes in Accounting Estimates and Errors. n n*The Honble High Court of Delhi has appointed Mr. Laxmi Kant Gaur, District Judge (Retd.) vide its order dated 29th July 2021, as the One Man Committee in place of Honble Mr. Justice Anil Kumar (in view of his unfortunate demise).The One Man Committee would continue from the stage at which the exercise assigned to the One Man Committee by the High Court stands, at the stage when Honble Mr. Justice Anil Kumar unfortunately expired. The agenda of the One Man Committee would be as per the order dated 3rd September, 2015, read with subsequent orders passed, if any, in that regard.
Textual Information(2) Provision of interest depends upon availability of funds and it will be paid in the second phase as per report of One Man Committee. So, the company had not recognized provision for interest during the financial year 2017-18. Now the 2nd phase has started and as per the report of the One Man Committee the company has started payment of interest to those whom it is payable as per the scheme. So, interest paid in our case cannot be considered as prior period cost.
Textual Information(3) NA
Textual Information(4) NA
Textual Information(5) NA
Textual Information(6) For redemption of B series debentures of Rs. 2014.98 Lacs debenture redemption reserve is required to be created. Debenture redemption reserve of Rs. 2014.98 Lacs has not been created due to insufficient profits.
Textual Information(7) Non-creation of debenture redemption reserve. The same cannot be created due to insufficient profits in the past against the redemption of debenture. This has no impact on financial results of the company as redemption reserve is to be created out of Reserve and Surplus available with the company. Company has commenced repayments in the earlier years as well as in the current Year as per directions of the Honble High Court of Delhi vide order dated 10th Aug, 2017 and recommendations of One Man Committee. Company is still not creating Debenture redemption Reserve for the same reason that it has no sufficient profits to do so.
Textual Information(8) NA
Textual Information(9) NA
Textual Information(10) NA
Textual Information(11) The value of assets charged as security in favor of banks, debenture-holders & financial institutions may have been depleted over a period of time. The depletion, if any, has not yet been ascertained by the Company. To the extent of shortfall, if any, the liability is unsecured, whereas the same has been shown as secured.
Textual Information(12) Not Qualified by the Auditor
Textual Information(13) Depletion in the value of Assets charged to Banks/Institution and Debentures in Para iii relates to ascertainment of Security against Debentures and Bank Loan, which could not be ascertained. Management is of the view that Repayment to Banks/ Institution and Debenture holders is being made as per Restructuring scheme and company has already made payments to Banks and Institution under Phase I and Phase II so the matter of depletion of security will not affect the repayment to them under the
Textual Information(14) Due to charge created earlier on assets against dues to the banks, and debenture holders these have been shown as secured and there is no financial impact.
Textual Information(15) Qualification (iii) n nThe value of assets charged as security in favor of banks, debenture holders & financial institutions have depleted over a period of time. This qualification has bearing on disclosure of liabilities as Secured Vs Unsecured. The depletion has not yet been ascertained by the Company. It needs to ascertain for appropriate disclosure as per Schedule III of Companies Act 2013. Accordingly, to the extent shortfall, if any, the liability is unsecured, the same has been shown as secured which is incorrect disclosure. The same to be read as per audit report. n
Textual Information(16) Balance confirmation of security deposits provided, trade receivables, some bank balances, FD balances with bank, rent receivables, other advances, borrowings, balances payable to related parties and other receivables and payables have not been received from the parties/persons concerned. In the absence of balance confirmations, the closing balances as per books of accounts have been incorporated in the financial statements and have been shown, unless otherwise stated by the management about its recoverability in the financials including considering the NPA Provisions, are good for recovery/payment. Time barred debts under the Limitations Act have not been separately ascertained and written off or provided for. In the absence of such confirmation & corresponding reconciliation, it is not feasible for us to determine financial impact on the consolidated financial statements and the amount referred as receivable/payable in the consolidated financial statements can differ.
Textual Information(17) Not Qualified by the Auditor
Textual Information(18) In view of litigation with creditors as mentioned in the iii above, it is not possible to obtain the balance confirmations from all creditors. n nSimilarly, the company is in litigation with various lease and hire purchase customers also and the matters are sub-judice, hence confirmations and acknowledgements are not feasible from them also. n
Textual Information(19) As mentioned in the qualification related to balance confirmation that it's not feasible to get the confirmation from Creditors as well as from debtors and receivable due to various cases against them. Management cannot determine the impact due to non-confirmation of balances. However Wherever, necessary provision for NPAs have already been created in accordance with RBI guidelines and no further financial impact can be estimated.
Textual Information(20) Qualification (iv) n nBalance confirmations are essential component of auditing. Third Party confirmations confirms the management point of view and balances considered by it for financial statements. If third party does not agree with the balance then it is necessary to prepare reconciliation and examine whether any claim of income or charge skipped to be recorded. In the absence of such confirmations it was not feasible for us to determine any financial impact which could be there. The balances considered by it are the initial balances in 1998 and adjusted thereafter if any payment has been made. The qualifications has been determined by considering the claims lodged initially by such parties. Fresh Restructuring scheme submitted in the year 2004 with Honble Delhi High Court and no attempt has been made by the management to get balance confirmations of security deposits provided, trade receivables, some bank balances, FD balances with bank, rent receivables, other advances, borrowings, balances payable to related parties and other receivables and payables. Accordingly it is not feasible for us ascertain whether any claim or income or charge has been skipped to be recorded which could have financial impact. The same to be read as per audit report. n
Textual Information(21) Contingent liabilities and Other Commitments nv(a) There is an award passed by the High Court vide its judgment dated April 27, 2022 against the company in the matter of MS Shoes East Limited for Rs. 12.82 lakhs i.e. the claim amount, along with interest of Rs. 8.97 lakhs for an underwriting given by the company in the year 1995 for the public issue of M/s MS Shoes East Ltd. n n n
Textual Information(22) (a) Company has preferred an appeal before Hon'ble High Court of Delhi in the MS Shoes East Limited matter against the arbitration order and the same pending adjudication. Company is hopeful of winning the Arbitration case, so no provision of liability is made in this regard.
Textual Information(23) NA
Textual Information(24) NA
Textual Information(25) NA
Textual Information(26) v(b) Due to dispute with the builder namely M/s NBCC Ltd. from which the company had purchased an office premises in the year 1995, regarding a claim of Rs. 288.24 Lacs on account of increase in super area and certain other expenditure which the builder i.e. M/s NBCC Ltd. had incurred and the same is pending in arbitration. Breakup of the amount of Rs. 288,24 Lacs mentioned supra is as follows: n nS. No.tDescriptiont Amount in lacs n1.tDifference in super area Vs. provisional areat229.28 n2.tClaim of property taxt 3.19 n3.tClaim of ground rentt 21.67 n4.tAllied chargest 7.82 n5.tAugmentation of Electric sub stationt 1.33 n6.tLoss of profitt 20.00 n7.tArbitration cost 5.00 n TOTALt 288.29 n nDuring the financial year ending March 31, 2021, the award was given in respect of dispute that has arisen between NBCC Ltd. (Claimant) and DCM Financial Services Limited (Respondent) in relation to sale of Commercial Space-Upper Ground Floor NBCC Place, Pragati Vihar, New Delhi by the Claimant to the respondent. The summary position of award is as under: nParty tAmount Claimed (in lacs.) tAwarded (in lacs) nNBCC Ltd.- Claimant t434.95 t41.06 nDCM Financial Services Limited - Counter Claimant/Respondentt3,269.50 t78.97 n nIn addition to the above, Interest @ 10% is payable by both the parties on their respective amounts. n n nIn addition to the above, Interest @ 10% is payable by both the parties on their respective amounts. nThat whereas NBCC has filed objections to the award in Delhi High Court in December 2020 and the same appears to be lying in objections. nThat DCM has also filed objection in Delhi High Court and the same has not being listed so far. n n
Textual Information(27) (b) Company has received a favorable award but the same has been challenged by both parties in High Court, so no provision of liability is made in this regard is made.
Textual Information(28) NA
Textual Information(29) NA
Textual Information(30) NA


Signatories detail

Name of CEO / Managing director NA
Name of CFO SOMALI TRIVEDI
Name of audit committee chairman SANJAY SAHNI
Name of statutory auditor VISHWAS TRIPATHI
Name of other signatory, if any, with designation NIDHI DEVESHWAR, WHOLETIME DIRECTOR
Place DELHI
Date 29-May-2025