DBCORP2025-01-012025-03-31DBCORP2025-03-31DBCORP2025-01-012025-03-31CompositionOfBoardOfDirectors1DBCORP2025-03-31CompositionOfBoardOfDirectors1DBCORP2025-01-012025-03-31CompositionOfBoardOfDirectors2DBCORP2025-03-31CompositionOfBoardOfDirectors2DBCORP2025-01-012025-03-31CompositionOfBoardOfDirectors3DBCORP2025-03-31CompositionOfBoardOfDirectors3DBCORP2025-01-012025-03-31CompositionOfBoardOfDirectors4DBCORP2025-03-31CompositionOfBoardOfDirectors4DBCORP2025-01-012025-03-31CompositionOfBoardOfDirectors5DBCORP2025-03-31CompositionOfBoardOfDirectors5DBCORP2025-01-012025-03-31CompositionOfBoardOfDirectors6DBCORP2025-03-31CompositionOfBoardOfDirectors6DBCORP2025-01-012025-03-31CompositionOfBoardOfDirectors7DBCORP2025-03-31CompositionOfBoardOfDirectors7DBCORP2025-01-012025-03-31CompositionOfCommittees14DBCORP2025-03-31CompositionOfCommittees14DBCORP2025-01-012025-03-31CompositionOfCommittees15DBCORP2025-03-31CompositionOfCommittees15DBCORP2025-01-012025-03-31CompositionOfCommittees16DBCORP2025-03-31CompositionOfCommittees16DBCORP2025-01-012025-03-31CompositionOfCommittees17DBCORP2025-03-31CompositionOfCommittees17DBCORP2025-01-012025-03-31CompositionOfCommittees41DBCORP2025-03-31CompositionOfCommittees41DBCORP2025-01-012025-03-31CompositionOfCommittees42DBCORP2025-03-31CompositionOfCommittees42DBCORP2025-01-012025-03-31CompositionOfCommittees43DBCORP2025-03-31CompositionOfCommittees43DBCORP2025-01-012025-03-31CompositionOfCommittees44DBCORP2025-03-31CompositionOfCommittees44DBCORP2025-01-012025-03-31CompositionOfCommittees68DBCORP2025-03-31CompositionOfCommittees68DBCORP2025-01-012025-03-31CompositionOfCommittees69DBCORP2025-03-31CompositionOfCommittees69DBCORP2025-01-012025-03-31CompositionOfCommittees70DBCORP2025-03-31CompositionOfCommittees70DBCORP2025-01-012025-03-31CompositionOfCommittees95DBCORP2025-03-31CompositionOfCommittees95DBCORP2025-01-012025-03-31CompositionOfCommittees96DBCORP2025-03-31CompositionOfCommittees96DBCORP2025-01-012025-03-31CompositionOfCommittees97DBCORP2025-03-31CompositionOfCommittees97DBCORP2025-01-012025-03-31CompositionOfCommittees98DBCORP2025-03-31CompositionOfCommittees98DBCORP2025-01-012025-03-31CompositionOfCommittees122DBCORP2025-03-31CompositionOfCommittees122DBCORP2025-01-012025-03-31CompositionOfCommittees123DBCORP2025-03-31CompositionOfCommittees123DBCORP2025-01-012025-03-31CompositionOfCommittees124DBCORP2025-03-31CompositionOfCommittees124DBCORP2025-01-012025-03-31CompositionOfCommittees125DBCORP2025-03-31CompositionOfCommittees125DBCORP2025-01-012025-03-31CompositionOfCommittees149DBCORP2025-01-012025-03-31CompositionOfCommittees150DBCORP2025-01-012025-03-31CompositionOfCommittees151DBCORP2025-01-012025-03-31CompositionOfCommittees152DBCORP2025-03-31MeetingOfBoardOfDirectors1DBCORP2025-01-012025-03-31MeetingOfBoardOfDirectors1DBCORP2025-03-31MeetingOfBoardOfDirectors2DBCORP2025-01-012025-03-31MeetingOfBoardOfDirectors2DBCORP2025-01-012025-03-31MeetingOfCommittees1DBCORP2025-03-31MeetingOfCommittees1DBCORP2025-01-012025-03-31MeetingOfCommittees2DBCORP2025-03-31MeetingOfCommittees2DBCORP2025-01-012025-03-31MeetingOfCommittees3DBCORP2025-03-31MeetingOfCommittees3DBCORP2025-01-012025-03-31MeetingOfCommittees4DBCORP2025-03-31MeetingOfCommittees4DBCORP2025-01-012025-03-31MeetingOfCommittees5DBCORP2025-03-31MeetingOfCommittees5DBCORP2025-01-012025-03-31MeetingOfCommittees6DBCORP2025-03-31MeetingOfCommittees6DBCORP2025-01-012025-03-31MeetingOfCommittees7DBCORP2025-03-31MeetingOfCommittees7DBCORP2024-12-31DBCORP2025-03-31OngoingTaxLitigationsOrDisputesDomain1DBCORP2025-03-31OngoingTaxLitigationsOrDisputesDomain2iso4217:INRxbrli:pure533151DBCORPNOTLISTEDINE950I01011D.B.Corp Limited2024-04-012025-03-31Yearly2025-03-31EquitytruetruefalseNot ApplicablefalseNot ApplicabletruetruetrueTop 1000 listed entitiestrued00001OriginalThere is no regular Chairperson. As per Article 37 of the AoA the Chairperson shall be Mr.R.C.Agarwal and in his absence Sudhir or Girish or Pawan.Pursuant to death of Mr. R.C. Agarwal the said position has remained vacant.At every BM, Sudhir or Girish or Pawan whoever is present, is elected as the Chairperson.In case if Mr.Sudhir or Mr.Girish or Mr.Pawan are not present then the Directors present shall elect one of them as the Chairperson of that BM.falsetrueMrSudhir Agarwal00051407Executive DirectorChairpersonMD1967-07-20falseActiveNA2005-12-102022-01-011000MrPawan AgarwalADBPA7945A00465092Executive DirectorNot Applicable1974-07-31falseActiveNA2005-12-102023-07-311020MrGirish Agarwal00051375Non-Executive - Non Independent DirectorNot Applicable1971-07-10falseActiveNA1995-10-271995-10-271031MsAnupriya AcharyaAARPA1186C00355782Non-Executive - Independent DirectorNot Applicable1969-11-01falseActiveNA2016-06-222021-06-22105.11111MrSantosh Desai01237902Non-Executive - Independent DirectorNot Applicable1963-01-24falseActiveNA2020-10-212023-10-2153.113330MsPaulomi Romi DhawanAADPD8643H01574580Non-Executive - Independent DirectorNot Applicable1967-05-11falseActiveNA2022-07-282024-07-2832.043361MrRunit Kishor Shah00064657Non-Executive - Independent DirectorNot Applicable1978-07-16falseActiveNA2025-01-162025-01-162.161100truetruetruetruetrueAudit Committee00355782Anupriya AcharyaNon-Executive - Independent DirectorChairperson2017-10-31Effective from 01-01-2024, Ms. Anupriya Acharya, Member of the Audit Committee, has been recategorized as Chairperson.Audit Committee00051375Girish AgarwalNon-Executive - Non Independent DirectorMember2007-10-25Audit Committee01237902Santosh DesaiNon-Executive - Independent DirectorMember2020-10-21Audit Committee01574580Paulomi Romi DhawanNon-Executive - Independent DirectorMember2024-01-01Nomination and remuneration committee00355782Anupriya AcharyaNon-Executive - Independent DirectorChairperson2016-10-20Effective from 23-01-2019, Ms. Anupriya Acharya, Member of the Nomination and Remuneration Committee, has been recategorized as Chairperson.Nomination and remuneration committee00051375Girish AgarwalNon-Executive - Non Independent DirectorMember2007-11-28Nomination and remuneration committee01237902Santosh DesaiNon-Executive - Independent DirectorMember2024-01-01Nomination and remuneration committee01574580Paulomi Romi DhawanNon-Executive - Independent DirectorMember2024-01-01Stakeholders Relationship Committee00051375Girish AgarwalNon-Executive - Non Independent DirectorChairperson2006-11-15Stakeholders Relationship Committee00465092Pawan AgarwalExecutive DirectorMember2006-11-15Stakeholders Relationship Committee01237902Santosh DesaiNon-Executive - Independent DirectorMember2020-10-21Risk Management Committee00051375Girish AgarwalNon-Executive - Non Independent DirectorChairperson2019-01-23Risk Management Committee00465092Pawan AgarwalExecutive DirectorMember2019-01-23Risk Management Committee01237902Santosh DesaiNon-Executive - Independent DirectorMember2021-06-17Risk Management Committee99999999Lalit JainChief Financial OfficerMember2019-01-23Mr. Lalit Jain is not a director.Corporate Social Responsibility Committee00355782Anupriya AcharyaNon-Executive - Independent DirectorChairperson2016-10-20Effective from 01-01-2024, Ms. Anupriya Acharya, Member of the Corporate Social Responsibility Committee, has been recategorized as Chairperson.Corporate Social Responsibility Committee00051375Girish AgarwalNon-Executive - Non Independent DirectorMember2024-01-01Corporate Social Responsibility Committee00465092Pawan AgarwalExecutive DirectorMember2014-05-12Corporate Social Responsibility Committee01574580Paulomi Romi DhawanNon-Executive - Independent DirectorMember2024-01-01Other Committee01237902Santosh DesaiCompensation CommitteeNon-Executive - Independent DirectorChairpersonOther Committee00051375Girish AgarwalCompensation CommitteeNon-Executive - Non Independent DirectorMemberOther Committee00355782Anupriya AcharyaCompensation CommitteeNon-Executive - Independent DirectorMemberOther Committee01574580Paulomi Romi DhawanCompensation CommitteeNon-Executive - Independent DirectorMember2024-10-15true6632025-01-1692true763Audit Committee2024-10-15true4430Audit Committee2025-01-1692true4430Nomination and remuneration committee2025-01-16true4430Risk Management Committee2025-01-16true3311Corporate Social Responsibility Committee2025-01-16true4420Stakeholders Relationship Committee2024-10-15true3210Other Committee2024-10-15Compensation Committeetrue4430truetruetruetrueYestruetruetrueOm Prakash PandeyCompany Secretary and Compliance OfficerYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpNAYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpNAYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpNAYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYeshttps://www.dbcorpltd.com/Disclosures_under_Regulation_46_LODR.phpYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesNAYesNAYesYesYesYesYesYesNAYesYesYesNANAOm Prakash PandeyCompany Secretary and Compliance OfficerYesOm Prakash PandeyCompany Secretary and Compliance OfficerfalseOm Prakash PandeyCompany Secretary and Compliance OfficerBhopal2025-04-1607700Phonographic Performance Limited (PPL)2010-12-22The Company had filed a Special Leave Petition (“SLP”) before the Hon’ble Supreme Court of India, for an immediate stay on the Common Order dated April 27, 2023 passed by the Hon’ble Madras High Court in respect of the appeal filed under Section 72(2) of the Copyright Act, 1957 by PPL against the FM Radio Broadcasters wherein D. B. Corp Limited is one of the parties. The hearing of same is yet to be held. Contempt Petition had been filed by the appellant in C.M.A. No. 3383 of 2010 viz. Phonographic Performance Limited (PPL) under Section 11 of the Contempt of Court Act, 1971 seeking to punish the respondents for their alleged wilful disobedience of the common judgement dated 27.04.2023 in C.M.A. No. 3383 of 2010. The Hon’ble Madras High Court (‘the Court’) heard the said contempt petition and passed an order on July 31, 2024. The Court has not held any contempt, however, has asked the Company to deposit 50% of its tentative liability in the Court within 4 weeks i.e. up to August 30, 2024. The approximate amount will be Rs. 11,50,00,000/- (Rupees Eleven crore fifty lakh only). The Company is in the process of evaluating the further course of action in this regard.The Company has preferred a Letters Patent Appeal. (LPA) against the order of Ld. Single Judge dtd. 31.07.2024 passed in contempt proceedings, before the Division Bench of Hon'ble Madras High Court. The LPA came up for hearing on 29.08.2024 wherein the court granted interim stay on the operation of order of Ld. Single Judge and directed the matter be listed for hearing. Interim stay was further extended on 05.09.2024 till next date of hearing. Next date of hearing before Division Bench is awaited. The Supreme Court hearing was scheduled for the fourth week of March 2025 but the matter could not reach the board. Now, the Supreme Court hearing is scheduled for 3rd April 2025.Go Paper GmbH & Co. KG.2025-02-03In 2020, D. B. Corp Limited ('D. B. Corp') and Go Paper GmbH & Co. KG, (a company based in Germany) entered into a transaction for 41,000 MT of prime quality standard Newsprint 42 GSM. Out of the total consignment of 41,000 MT, goods aggregating to 37,364.12 MT were delivered by Go Paper GmbH & Co. KG and D. B. Corp had made payments aggregating to USD 1,93,94,417.44, for 37,364.12 MT. The balance/remaining part of the total consignment of aggregating to 3766.403 MT was supposed to be delivered in 146 containers. Go Paper GmbH & Co. KG availed the services of RC Line as a carrier for the delivery of the balance consignment of 146 containers. On February 22, 2022, during the midst of the transit, a fire broke out on the vessel MV SAFIR at Mundra port. Out of the 146 containers of the consignment, only 85 containers comprising of 2193.824 MT were off loaded in time, whilst 61 containers comprising of 1572.579 MT were still on the vessel when the fire broke out, accordingly, General Average was declared due to which goods were lying at the respective ICDs and the delivery of the same is still pending. D. B. Corp was asked to pay for the complete payment of the 146 containers. D. B. Corp stated that they are willing to make the payments for the goods that have been delivered and not for the goods that are undelivered, since Go Paper GmbH & Co. KG did not deliver those goods to D. B. Corp. Accordingly, D. B. Corp made part payments in respect of the 85 containers, amounting to USD 8,46,229.22 i.e. Rs. 7,06,60,139/- (Rupees Seven Crores Six Lakhs Sixty Thousand One Hundred and Thirty Nine Only), the balance payment has been held against counter claims of D. B. Corp against Go Paper GmbH & Co. KG. Payment has not been made for 61 containers comprising of 1572.579 MT (hereinafter referred to as “undelivered goods”) On May 2, 2024, D. B. Corp received a Demand Notice/Invoice demanding payment under Section 8 of the Insolvency & Bankruptcy Code, 2016 dated May 2, 2024 (hereinafter referred to as “the Demand Notice”) demanding a payment of a purportedly unpaid operational debt amounting to USD 26,18,660.64 (being Rs. 2,20,81,609/- interest @ 9.55% p.a., conversion rate @ 1 USD= 83.43) from the Advocate of Go Paper GmbH & Co. KG. Thereafter, another Demand Notice dated June 28, 2024, was issued by Go Paper GmbH & Co. KG on the same grounds of notice dated May 2, 2024 to which D. B. Corp replied through their Advocates vide letter dated July 4, 2024. This proves that there are pre-existing disputes between the parties. The alleged claim was by Go Paper GmbH & Co. KG is in respect of 65 containers, i.e. 1572.579 MT, which was never received by D. B. Corp. In view thereof, as the delivery was not received, hence D. B. Corp is not liable to pay the alleged claim amount. According to a recent development, it came to D. B. Corp’s notice that Go Paper GmbH & Co. KG has addressed several letters to Sharp Logistics regarding the delivery of the undelivered goods, in these letters, Go Paper GmbH & Co. KG has requested Sharp Logistics to make the delivery of the undelivered goods. Attempt is initiated by Go Paper GmbH & Co. KG for the delivery of the undelivered goods. In lieu of this fact, it is evident that the undelivered goods have not been received by D. B. Corp, hence the payment for the undelivered goods has not been made to Go Paper GmbH & Co. KG. Now, on February 3, 2025, Go Paper GmbH & Co., KG has filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 (‘IBC’) against the Company before the Hon’ble National Company Law Tribunal, Ahmedabad Bench. The petition pertains to the claim amount of Rs. 15,70,28,774.02/- (Rupees Fifteen Crores Seventy Lakhs Twenty Eight Thousand Seven Hundred Seventy Four and two paisa only) including undelivered goods and interest arbitrarly not legitimate. The Petition filed under Section 9(1) of the Insolvency & Bankruptcy Code, 2016 (hereinafter referred to as “IBC, 2016”) read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 (hereinafter referred to as “IB (AAA) Rules, 2016”) by Go Paper GmbH & Co., KG on February 3, 2025 before the Hon’ble National Company Law Tribunal, Ahmedabad Bench for initiation of Corporate Insolvency Resolution Process (CIRP) against D. B. Corp Limited (“the Company”) for the claim amount of Rs. 15,70,28,774/- (Rupees Fifteen Crores Seventy Lakhs Twenty Eight Thousand Seven Hundred Seventy Four only) including interest has been numbered CP(IB) No. 131 of 2025 and the matter was listed and heard for the first time on March 24, 2025. The Learned Senior Counsel alongwith Learned Counsel appeared on behalf of the Company and raised the preliminary issue on the maintainability of the present petition and undertakes to file Vakalatnama in the course of the day and objections. The Hon’ble National Company Law Tribunal, Ahmedabad Bench vide its order dated March 24, 2025 granted the Company an opportunity to file objections on the maintainability and merit of the petition filed by Go Paper GmbH & Co. KG. The matter is relisted on April 14, 2025 for further consideration. 00000000NA00NA00NA00NA00NA00NA00NA00NA00All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.trueLalit JainCFOBhopal2025-04-16