History of DCM Ltd.

The Comp. started operations in 1889 by establishing a spinning mill at Delhi. Since then, it has expanded & diversified its activites into a number of lines.

The Comp. manufactures cotton, synthetic yarns & textiles, rayon tyre cord, sugar, alcohol & confectionary, heavy chemicals & fertilisers, vanaspati, pvc resin & compounds electronic desk calculators etc.

In 1965-66, the Comp. obtained a licence to set up a fertiliser complex at Kota in the state of Rajasthan for manufacturing nitrogenous fertiliser & it was decided to set up a plant with a Comp. of 2,40,000 tonnes of area per annum at an estimated cost of Rs 25.11 crores.

In 1963-64, the Comp. floated a wholly owned subsidiary Comp. under the name of 'D C M International, Ltd.' for promoting export of cloth & yarn. This subsidiary was taken into members voluntary winding-up on 8th May, 1978.

Parimahal Holding Pvt. limited is a subsidiary of company.

2004

-DCM Ltd has informed that the certified copy of order of Hon'ble Delhi High Court has been received in respect of Scheme of Restructuring and Arrangement filed by Comp. u/s 391-394 of Companies Act, 1956 envisaging debt restructuring & hiving of DCM Engineering Products, a Division of Comp. into a separate company, & a Scheme of Merger and Amalgamation envisaging merger of DCM Data Systems Ltd with DCM limited & the same has been filed with Registrar of Companies, Delhi & Haryana.

2007

-Dcm Ltd has informed that Mr. Jitendra Tuli, who was appointed as additional director on 20.12.2005, has been regularised as director in the Annual General Meeting of Comp. held on 27.12.2006.