34Th Annual Report of DCM Financial Services Limited
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DCM Financial Services Limited has submitted its 34th Annual Report for FY 2024-25 to BSE, NSE, and Calcutta Stock Exchange as required under SEBI's Listing Regulations. The company reported a standalone net loss of Rs. (117.33) lakh, wider than last year's loss of Rs. (93.29) lakh, while total income rose to Rs. 166.03 lakh from Rs. 80.80 lakh. No dividend was declared due to losses. The 34th AGM is scheduled for September 26, 2025, where shareholders will consider adoption of financials, re-appointment of directors including Mr. Sanjay Sahni as Independent Director for a second 5-year term, appointment of M/s Jain P & Associates as Secretarial Auditor for 5 years, and a proposal for voluntary delisting of equity shares from the Calcutta Stock Exchange (CSE). The company also has outstanding fixed deposits of Rs. 4,075.56 lakh under a court-appointed committee for resolution.
The widened losses and absence of dividend are negative signals for shareholders. The voluntary delisting from CSE is unlikely to affect liquidity since the shares remain listed on BSE and NSE with higher trading volumes. Investors should watch the AGM voting outcome on September 26, especially the delisting resolution.