Daly College, a society registered under The Societies Registration Act, 1860, and now governed under The Society Act 1973, with its headquarters located at Indore. Daly College of Business Management, Indore is affiliated to Devi Ahilya Vishwavidyalaya, a State University of Madhya Pradesh, established in 1964 by an Act of the legislature of Madhya Pradesh.
The promoting body of DCBM comprises the following
| S. No. | Name of Promoter | Designation |
|---|---|---|
| 1 | HH Maharaja Vikram Sinh Puar of Dewas | Sr. President |
| 2 | Maharaj Rajyavardhan Singh Narsinghgarh | Vice-President |
| 3 | HH Maharaja Narendra Singh Jhabua | Member |
| 4 | HH Raja Priyavrat Singh Khilchipur | Member |
| 5 | Shri Harpal Singh Bhatia | Member |
| 6 | Shri Dheeraj Lulla | Member |
| 7 | Shri Sandeep Parekh | Member |
| 8 | Shri Sumit Chandok | Member |
| 9 | Shri Sanjay Pahwa | Member |
| 10 | Dr. (Ms.) Gunmeet Bindra | Secretary |