DCM announced that the scheme of arrangement between DCM (demerged company) and DCM Nouvelle(resulting company) and their respective shareholders and creditors('Scheme') has become effectivewith effect from 13 May 2019 on filing of the NCLT approval of the scheme with Registrar of Companies.

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Goldiam International Ltd, Olectra Greentech Ltd, Sical Logistics Ltd and Hisar Metal Industries Ltd are among the other gainers in the BSE's 'B' group today, 02 May 2019.

DCM Ltd soared 14.43% to Rs 67 at 12:04 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 2968 shares were traded on the counter so far as against the average daily volumes of 2451 shares in the past one month.

Goldiam International Ltd surged 12.92% to Rs 103.55. The stock was the second biggest gainer in 'B' group. On the BSE, 1.71 lakh shares were traded on the counter so far as against the average daily volumes of 8930 shares in the past one month.

Olectra Greentech Ltd spiked 10.74% to Rs 230. The stock was the third biggest gainer in 'B' group. On the BSE, 8701 shares were traded on the counter so far as against the average daily volumes of 5660 shares in the past one month.

Sical Logistics Ltd gained 10.71% to Rs 129.7. The stock was the fourth biggest gainer in 'B' group. On the BSE, 2467 shares were traded on the counter so far as against the average daily volumes of 3503 shares in the past one month.

Hisar Metal Industries Ltd advanced 10.34% to Rs 45.9. The stock was the fifth biggest gainer in 'B' group. On the BSE, 1 shares were traded on the counter so far as against the average daily volumes of 7154 shares in the past one month.

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Net profit of DCM reported to Rs 2.09 crore in the quarter ended December 2018 as against net loss of Rs 9.03 crore during the previous quarter ended December 2017. Sales rose 32.33% to Rs 284.24 crore in the quarter ended December 2018 as against Rs 214.80 crore during the previous quarter ended December 2017.

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DCM will hold a meeting of the Board of Directors of the Company on 11 February 2019.

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