Annual Report for the Financial Year 2025-26 of D.B. Corp Limited

August 6, 2026 The Manager (Listing - CRD) The Manager (Listing Department) BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Tower, Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai - 400 001. Mumbai - 400 051. Scrip Code: 533151 SYMBOL: DBCORP ISIN: INE950I01011 Sub.: Annual Report for the financial year 2025-26 of D.B. Corp Limited (‘the Company’) Ref.: Regulation 30 and 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) Dear Sir/Madam, This has reference to our earlier letter dated July 16, 2026, intimating about the 30th Annual General Meeting of the Company to be held on Wednesday, September 2, 2026 at 11:30 a.m. (IST) through Video Conferencing/Other Audio Visual Means. In continuation to the aforesaid letter and pursuant to the SEBI Listing Regulations, please find enclosed herewith the Annual Report of the Company for the financial year 2025-26 along with the Notice of the 30th AGM of the Company (including e-voting instructions). The same are being sent to the members of the Company today i.e. August 6, 2026 only through electronic mode (e-mail). Further, pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, a letter providing the web-link to access the aforesaid Annual Report and Notice is also being sent today i.e. August 6, 2026 by post to those members of the Company whose email Ids are not registered. The aforesaid Annual Report and Notice are also available on the Company’s website at https://www.dbcorpltd.com/annual-reports.php. This is for your information and records. Thanking you, For D.B. Corp Limited Om Prakash Pandey Company Secretary & Compliance Officer Membership Number: F7555 Encl.: as above POWER OF CREDIBLE JOURNALISM Annual Report 2025-26 Late Shri Ramesh Chandra Agarwal (November 30, 1944 - April 12, 2017) In Memoriam Learning is a lifelong passion! We accelerate our capabilities by studying the experiences of other leaders. You have to dream and work fervently to enshrine your dreams. The most important aspect is that you have to cultivate a deep trust within you to entrench your reveries in reality. Shri Ramesh Chandra Agarwal – Chairman (Until 12th April, 2017) With a vision to transform the Indian language radio channels and digital portals, D.B. Corp Ltd. media landscape, Shri Ramesh Chandra Agarwal is today India’s Largest Newspaper Group had typified the zeal and the resolve of an ever- His close-knit family was a reflection of his quality growing India. to build long-standing relationships. The entrepreneur in him has enabled crores of His family has continued to uphold and advance people to know what is happening around the his vision, demonstrating how enduring values world. and practices can drive success well beyond a As a pioneer who envisioned the growth of the Founder’s life time. Indian language press and strived towards With a keen interest in innovative ideas and projects, capturing the pulsating potential of the Tier II and he provided valuable help and direction to young Tier III cities of India, he was indeed a progressive entrepreneurs. Giving back to the communities media proprietor. and contributing wholeheartedly towards social With a belief that risk taking is necessary for responsibilities was at the centre of his business positive outcomes, he went on to set up a virtuous, vision We at D.B. Corp Ltd. will follow his path- profitable and professional Company. With a wide breaking vision and his unbound kindness to give array of offerings that include print publications, back to the society. In this report CORPORATE OVERVIEW About D.B. Corp Ltd. 9 18 Our Cultural Ethos 10 Business Portfolio 14 Message from the Key Facts 16 Managing Director Geographical Presence 17 Message from the Managing Director 18 Board of Directors 22 Strong Balance Sheet 24 Operational Performance 26 Awards 33 Corporate Information 35 Social Stewardship 36 Bharat: The Power of Credible Journalism 38 Bharat: The Power of Credible Journalism STATUTORY REPORTS Management Discussion & Analysis Report 46 Board’s Report 62 Report on Corporate Governance 90 Business Responsibility & Sustainability Report 125 FINANCIAL STATEMENTS Standalone Consolidated Auditor’s Report 161 Auditor’s Report 250 Balance Sheet 172 Balance Sheet 258 Statement of Profit and Loss 173 Statement of Profit and Loss 259 Statement of Changes in Equity 174 Statement of Changes in Equity 260 Statement of Cash Flows 175 Statement of Cash Flows 261 Notes 177 Notes 263 On the cover The cover celebrates Bharat through the lens of credible journalism, capturing the voices, stories and realities shaping the nation’s progress. BHARAT The Power of Credible Journalism Strengthening Trust. Shaping Informed Communities. Every day, millions of people depend on journalism to At DB Corp, this responsibility shapes everything we do in our understand the events that shape their lives, communities, newsroom. Every investigation, campaign and explanatory and future. The real value of journalism lies not in being the report is driven by a strong commitment to the public interest. first to report the news, but in earning the trust of readers Our editorial decisions are guided by accuracy, independence through accuracy, fairness, and integrity. In journalism, trust and relevance, ensuring that every story helps readers better is built through careful fact-checking, balanced reporting, and understand the issues that matter most. the determination to uncover the truth. It is earned every day, This commitment is reinforced by our Group Ethos - GREAT one story at a time. - which guides how our editorial teams identify, investigate, Journalism does much more than report events. It helps analyse and present stories. More than a framework, GREAT people understand complex issues, encourages informed represents a culture of responsible journalism built on staying public discussion and supports accountability in a healthy close to communities, creating real impact, building human democracy. By asking important questions, giving voice to connections, providing thoughtful analysis and embracing different perspectives and presenting verified information continuous innovation. clearly and responsibly, journalism enables people to make informed decisions and take an active role in society. Corporate Overview About D.B. Corp Ltd. The Story We Tell is the people driving change, the policies shaping progress and the challenges that come with growth. It requires journalism that stays close to communities, explains complex issues clearly, Story of Bharat - and presents every story with fairness and context. Chronicles of a Nation in Throughout the year, DB Corp's editorial initiatives reflected these changing realities. Ground investigations into public Transformation healthcare, civic infrastructure, sanitation, environmental conservation, and social issues highlighted the challenges India's most powerful stories are no longer limited to its accompanying India's rapid development, ensuring that the metropolitan cities. They are unfolding across emerging towns voices of local communities remained at the centre of public and cities, growing industries, thriving businesses, and an discourse. In-depth coverage of GST reforms and the evolving increasingly connected society. US-Iran conflict helped readers understand how national policies and global events influence India's economy and The rise of Tier II and Tier III cities has reshaped India's growth everyday life, while investigations into governance, financial story. These regions have become centres of business, transparency, public institutions, and organised crime innovation and consumption, making a significant contribution reinforced the importance of accountability in a fast-changing to the country's economic progress. nation. For journalism, reporting this tran [Showing first 8,000 characters — download PDF for full document]