Incorporated in Feb.'91 and promoted by the   DCM group,   DCM Financial Services (DFSL) 
                                 started its auto-finance business in   Mar.'94. DFSL     was     granted    category-I merchant 
                                 banking registration by SEBI. It was offering  well-diversified port folio services equipment
                                 leasing, hire-purchase,inter-corporate deposits, bill discounting, etc.    Presently   its in   the
                                 process  of  restructuring its operations/assets    & Liabilites and will   recommence its new 
                                 business operations  on completion of this exercise.



CIN 65921DL1991PLC043087

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