DCW Limited independent director Mahesh Vennelkanti ceases

DCW Limited announced that Independent Director Mr. Mahesh Vennelkanti will cease to hold the position effective the close of business hours on June 27, 2026. This change follows the completion of his second consecutive term of five years on the board. The disclosure was made to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors and the management acknowledged the contributions of Mr. Mahesh Vennelkanti during his tenure. The company confirmed that the cessation is due solely to the completion of his term and not due to any other reason such as resignation or removal.

Details of Cessation

The company provided specific details regarding the director's exit in a regulatory filing. The table below outlines the particulars of the change as required under SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Sr. No.	Particulars	Disclosure of Mr. Mahesh Vennelkanti (DIN:03633359)
1.	Reason of change viz. appointment, resignation, removal, death or otherwise	Mr. Mahesh Vennelkanti (DIN:03633359) will cease to be an Independent Director of the Company, upon completion of his second consecutive term of 5 (five) years, with effect from the close of business hours on June 27, 2026.
2.	Date of Appointment /cessation & Term of appointment	Completion of tenure effective from close of business hours on June 27, 2026.
3.	Brief Profile (in case of appointment)	Not Applicable
4.	Disclosure of relationships between directors (in case of appointment of a director)	Not Applicable
5.	Information as required pursuant to BSE circular ref no. LIST/ COMP/ 14/ 2018-19 and the National Stock Exchange of India Limited with ref no. NSE/CML/2018/24, dated June 20, 2018	Not Applicable

The filing was signed by Dilip Darji, Senior General Manager (Legal) & Company Secretary, on June 26, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.39%	+4.61%	+7.71%	-12.68%	-39.84%	+26.66%

DCW Ltd has confirmed that its promoters and persons acting in concert (PAC) did not create any new encumbrances on their shareholdings during the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange of India Ltd and BSE Limited, ensures compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing provides transparency regarding the pledging or hypothecation of shares by the promoter group, a key metric for investor risk assessment.

The total shareholding of the promoter and PAC group stood at 134,113,599 shares as of March 31, 2026. Out of this total, 5,142,168 shares were reported as encumbered. The encumbrance is attributed solely to Meeta Jain, a member of the promoter group, who holds 6,560,469 shares in total. All other promoters and PACs reported zero encumbrances against their respective holdings.

Shareholding Details

The breakdown of holdings reveals a distribution across individual promoters and group entities. The filing lists 30 entities, including individuals, Hindu Undivided Families (HUFs), and private limited companies. The table below details the holdings and encumbrance status for key entities within the promoter group.

Name	Category	Shares Held	Shares Encumbered
Ashish Jain	Promoter Group	32390413	0
Vivek Jain	Promoter	23584196	0
Mudit Jain	Promoter	12214631	0
Namita Jain	Promoter Group	6711050	0
Paulomi Bakul Jain	Promoter Group	9257149	0
Durgavati Jain	Promoter Group	9029555	0
Varsha Jain	Promoter Group	8615733	0
Meeta Jain	Promoter Group	6560469	5142168
Bakul Premchand Jain	Promoter	6648425	0
Sonalika Jain	Promoter Group	4050000	0
Kishco Private Limited	Promoter Group	2840400	0
Florida Holdings and Trading Pvt Ltd	Promoter Group	1524309	0
Sahu Cylinders & Udyog Pvt Ltd	Promoter Group	1317544	0
Rima Saatvik Jain	Promoter Group	5459168	0
Saatvik Jain	Promoter Group	2421763	0
Jain Sahu Brothers Properties LLP	Promoter Group	400465	0
Cashco Holdings Private Limited	Promoter Group	219879	0
Shivaang Jain	Promoter Group	700000	0
B J Holdings Private Limited	Promoter Group	16000	0
D. P. B. Holdings Private Limited	Promoter Group	13500	0
Total		134113599	5142168

The disclosure was signed by Pramod Kumar Jain on behalf of the promoters, members of the promoter group, and PACs. The document was submitted to the exchanges on April 7, 2026, by Dilip Vishnubhai Darji, Sr. General Manager (Legal) & Company Secretary of DCW Ltd. The confirmation of no fresh encumbrances by the majority of the promoter group indicates a stable ownership structure with minimal leverage against shares.