Updates

September 21, 2026 To, To, BSE Ltd. National Stock Exchange of India Ltd Pheroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C -1, Dalal Street, Fort, G Block, Bandra Kurla Complex, Bandra Mumbai -400001 (E) Mumbai - 400 051 Scrip Code: 544703 Symbol: DSFCL SUB : Board comments on fine levied by the Exchanges vide n otices dated August 25, 2026, from BSE Limited and the National Stock Exchange of India Limited (NSE) Dear Sir/Madam, With reference to the captioned notices, regarding the non-compliance / delayed compliance with Regulation 17(1)/17(1A) of SEBI (LODR) Regulations, 2015, pertaining to the quarter ended June 30, 2026, the Company ha d placed the relevant details before the Board in the meeting held on Thursday, September 3, 2026. Relevant extracts of the said meeting ’s minutes are given below for your information and records : “The Board was informed that requirement under Regulation 17(1) of LODR Regulations, remained non -compliant for a short period as the process of identifying a suitable candidate for the position of Independent Director took some time. The requirement was su bsequently complied with the appointment of Mr. Nitin Atroley as an Independent Director w.e.f. July 15, 2026. The requirement under Regulation 17(1A) had already been complied on May 29, 2026, and the fine arose pursuant to the Stock Exchanges’ quarter -end SOP review for the quarter ended June 30, 2026. The Company Secretary further confirmed that, as on date of letters received from Stock Exchanges the Company was fully compliant with the applicable provisions of Regulations 17(1) and 17(1A). The Board took the said notices on record and the reasons for the non - compliance/delayed compliance and ratified the management's decision to pay the fine of Rs. 3,02,080 to each Stock Exchange to conclude the matter and avoid any further delays. The Board strongly advised the management to ensure strict and timely compliance with all SEBI (LODR) Regulations moving forward to avoid the recurrence of such instances. ” Thanking you, Yours faithfully, (Kokila Arora) Company Secretary & Compliance Officer M. No. ACS 21670