BSECompany Update29 Jul 2026 · 29 Jul 2026, 04:15 pm
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed.
DCM Ltd · 502820
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DCM Ltd has received an order from the Delhi High Court dismissing a Section 9 application filed by GCD Prime (Developer) under the Arbitration and Conciliation Act, 1996, related to a dispute over a joint development agreement.
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DCM Ltd - 502820 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.
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LIMITED
July 29, 2026
BSE Limited National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1,
Dalal Street, G Block, Bandra - Kurla Complex,
Mumbai -400 001 Bandra (E), Mumbai – 400 051
Scrip Code: 502820 Scrip Code: DCM
ISIN: INE498A01018 ISIN: INE498A01018
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Receipt of order of Hon’ble Delhi
High Court dated 28.07. 2026 dismissing the Section 9 petition under the Arbitration and
Conciliation Act, 1996 filed by GCD Prime (Developer).
Dear Sir/Madam,
This is in continuation of our earlier intimation dated March 19, 2026 (copy enclosed herewith as
Annexure A), sent in furtherance of our earlier intimation dated November 1, 2025 (copy enclosed
herewith as Annexure B) regarding the Company’s issuance of Notice of Forfeiture and Termination
dated November 01, 2025 to GCD Prime (referred as Developer) in terms of Joint Development
Agreement (‘JDA’) dated August 11, 2022.
In this regard, we would like to apprise your good office that Section 9 application under the
Arbitration and Conciliation Act, 1996, filed by Developer before the Delhi High Court has been
dismissed.
The Hon’ble Delhi High Court has pronounced the order in court today on July 28, 2026, dismissing
the application and inter alia the following reliefs claimed therein:
i. Stay on the operation of the Termination Notice dated November 1, 2025.
Registered office:
Unit Nos. 2050 to 2052, Plaza - II, 2nd Floor, Central Square, 20, Manohar Lal Khurana
Marg, Bara Hindu Rao, Delhi – 110006. Phone: (011) 41539170
CIN: L74899DL1889PLC000004, Website: www.dcm.in, Email Id: investors@dcm.in
LIMITED
ii. Restrain DCM Limited from interfering with M/s. GCD Prime’s legal rights under the concerned
land and/ or creating any third-party rights.
The Company received the copy of said court order dated July 28, 2026 (time of receipt: 7.30 P.M.),
(copy of order enclosed as Annexure C).
The disclosure pursuant to regulation 30 of the Listing Regulations read with SEBI Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is also attached herewith as s
Annexure D.
You are requested to take the above information on record.
Thanking You,
Yours truly,
For DCM Limited
Vinay Sharma
Managing Director
Encl. - As stated above
Registered office:
Unit Nos. 2050 to 2052, Plaza - II, 2nd Floor, Central Square, 20, Manohar Lal Khurana
Marg, Bara Hindu Rao, Delhi – 110006. Phone: (011) 41539170
CIN: L74899DL1889PLC000004, Website: www.dcm.in, Email Id: investors@dcm.in
Annexure - A
LIMITED
March 19, 2026
BSE Limited National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1,
Dalal Street, G Block, Bandra - Kurla Complex,
Mumbai -400 001 Bandra (E), Mumbai – 400 051
Scrip Code: 502820 Scrip Code: DCM
ISIN: INE498A01018
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Receipt of Notice
under Section 21 of the Arbitration and Conciliation Act, 1996 from GCD Prime.
Dear Sir/Madam,
Pursuant to regulation 30 read with Schedule III- Part A of the SEBI Listing Regulations, and in
furtherance of our earlier intimation dated November 1, 2025 regarding the Company’s issuance
of Notice of Forfeiture and Termination to GCD Prime (referred as Developer) in terms of Joint
Development Agreement (‘JDA’) dated August 11, 2022, the Company hereby intimates the Stock
Exchange of the following:
The Company has on March 18, 2026 received a notice from the Developer through its Advocates,
under section 21 of the Arbitration and Reconciliation Act 1996 (the Act) for invocation of
Arbitration in terms of Clause 14 of JDA.
Further, the relevant details in respect of aforesaid matter in terms of SEBI Listing Regulations
read with SEBI Master Circular 14/14(7)2025-CFDPOD2/I/3762/2026 issued on July 11, 2023 and
updated till January 30, 2026 are attached as Annexure-1.
This information is also being uploaded on the website of the Company i.e. www.dcm.in.
You are hereby requested to take the above information on record.
Thanking You
Yours faithfully,
For DCM Limited
SONAL Digitally signed
by SONAL GUPTA
GUPTA Date: 2026.03.19
14:13:44 +05'30'
Sonal Gupta
Company Secretary & Compliance Officer
Registered office:
Unit Nos. 2050 to 2052, Plaza - II, 2nd Floor, Central Square, 20, Manohar Lal Khurana
Marg, Bara Hindu Rao, Delhi – 110006. Phone: (011) 41539170
CIN: L74899DL1889PLC000004, Website: www.dcm.in, Email Id: investors@dcm.in
LIMITED
Annexure -1
S.No. Particulars Details
a. Name(s) of the opposing GCD Prime (Developer)
party / court / tribunal /
agency where litigation is
filed
b. Brief Details of Litigation In view of inordinate delay and continuing breaches of
obligations on the part of the Developer under the JDA,
including the failure to get the revocation of the suspension
order of license issued by the Haryana Government for
setting up of affordable residential plotted colony under
Deen Dayal Jan Awas Yojna (DDJAY), 2016 on 67.275 acre
of the Company’s land situated at Hisar Haryana, the
Company had issued a Notice of Forfeiture and
Termination to the Developer in terms of the JDA. It was
notified to the Developer that the amount paid by it to the
Company under JDA shall stand forfeited and upon the
expiration of 15 days from the date of receipt of said Notice,
the JDA shall stand terminated. Disclosure under
regulation 30 of SEBI Listing Regulations regarding the
same had been issued by the Company on November 01,
2025.
In this connection, the Company has received a notice
dated March 18, 2026 from the Developer through its
Advocates under section 21 of the Arbitration and
Reconciliation Act 1996 for invocation of Arbitration in
terms of Clause 14 of the JDA.
c. Expected Financial Not determinable at this stage.
Implication, if any
d. Quantum of claims Not determinable at this stage.
Registered office:
Unit Nos. 2050 to 2052, Plaza - II, 2nd Floor, Central Square, 20, Manohar Lal Khurana
Marg, Bara Hindu Rao, Delhi – 110006. Phone: (011) 41539170
CIN: L74899DL1889PLC000004, Website: www.dcm.in, Email Id: investors@dcm.in
Annexure -B
LIMITED
November 01, 2025
BSE Limited National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1,
Dalal Street, G Block, Bandra - Kurla Complex,
Mumbai - 400001 Bandra (E), Mumbai – 400051
Scrip Code: 502820 Trading Symbol: DCM
ISIN: INE498A01018 ISIN: INE498A01018
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended (hereinafter referred to as “SEBI
LODR”)
Dear Sir/ Madam,
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'
(hereinafter referred to as ‘JDA’) with M/s GCD Prime (hereinafter referred to as ‘Developer’) 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, March 16, 2023, April 19, 2023 and
April 25, 2023, intimating you:
Receipt of license No 179 of 20223 dated November7, 2022 from the Director, Town and
Country Planning, Haryana, Chandigarh for setting up of affordable residential plotted colony
under Deen Dayal Jan Awas Yojana-2016 (DDJAY-2016) on 67.275 acres of the said
Company’s land situated in the revenue state of Village Bir Hisar, Sector- 23, Hisar, Haryana.
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 dated
March 15, 2023;
Suspension of licence No. -179 of 2022 dated November 7, 2022 by the Director General, Town
and Country P
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