DCW Limited has initiated the Second 100 days Campaign, titled Saksham Niveshak, to assist shareholders in claiming unpaid or unclaimed dividends and updating their KYC details. The campaign is effective from April 1, 2026, to July 9, 2026, following a circular dated March 27, 2026, issued by the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs. This initiative targets all shareholders whose dividends have remained unpaid or unclaimed, aiming to facilitate proactive engagement and ensure the timely processing of entitlements.

The program focuses on several key objectives designed to safeguard shareholder investments. It enables the updation of KYC details, bank mandates, and contact information, alongside the verification of holdings to claim any outstanding dividends. A critical component of the campaign is the prevention of shares and dividends being transferred to the IEPFA due to prolonged inactivity.

Action Required for Shareholders

Shareholders are required to complete specific actions to ensure compliance and secure their entitlements. The company has outlined the following steps:

• Update KYC details, including Permanent Account Number and specimen signatures.
• Update Bank Mandates, specifically Bank Name, Branch Name & address, Bank Account Number, and IFSC Code.
• Update Nominee and Contact Information, such as postal address, email, and telephone numbers, against their folio or Demat Account.
• Verify if any dividend due is outstanding and claim the same.
• Verify holdings and claim any unpaid dividends or shares that may have already been transferred to IEPF.

Statutory Advisory and Contact

Under applicable statutory provisions, dividends that remain unclaimed for a period of seven consecutive years are liable to be transferred to the IEPFA, along with the corresponding underlying shares. The company strongly advises shareholders to utilize this campaign period to update their records and claim their dues to avoid such transfers.

For assistance or queries regarding shares or dividends, shareholders have been directed to contact the company's Registrar and Share Transfer Agent, M/s. Bigshare Services Private Limited. The communication was signed by Dilip Darji, Sr. General Manager (Legal) & Company Secretary, on behalf of DCW Limited.

DCW Limited has compensated shareholders eligible for fractional shares arising from its amalgamation with Dhrangadhara Trading Company Private Limited and Sahu Brothers Private Limited. The company distributed net sale proceeds aggregating to ₹446.65 to 18 shareholders on May 25, 2026, via direct credit into their bank accounts. This compensation follows the sale of consolidated fractional shares in the open market by the appointed trustee.

The National Company Law Tribunal, Ahmedabad Bench, sanctioned the Scheme of Amalgamation on January 22, 2026. The scheme became effective on February 17, 2026, with an appointed date of July 01, 2024. Pursuant to the scheme, DCW Limited allotted 12,80,500 fully paid-up equity shares of ₹2 each to shareholders of Dhrangadhara Trading Company Private Limited and 5,24,59,860 fully paid-up equity shares of ₹2 each to shareholders of Sahu Brothers Private Limited on February 19, 2026.

The Board of Directors of DCW Limited consolidated fractional entitlements and allotted these shares to a trustee, Mr. Romu Manik Malkani. The trustee sold 10 equity shares in the open market on May 15, 2026, through Ventura Securities Limited. This sale occurred within 90 days from the date of allotment, as required under the SEBI Master Circular.

The Audit Committee and Independent Directors of DCW Limited reviewed the process and certified that the company had compensated the eligible shareholders. The Independent Directors certified the process on May 26, 2026, while the Audit Committee provided its certification on May 28, 2026. Their reports were submitted to the stock exchanges to comply with Part – I(D) of SEBI Master Circular number SEBI/HO/CFD/POD-2/P/CIR/2023/93 dated June 20, 2023. The committee considered documents including the NCLT order, the return of allotment (Form PAS-3), and the contract note for the sale of shares.

Key Amalgamation Details

The completion of this compensation marks the final step in the share issuance process related to the amalgamation scheme.