DCW Limited has issued an urgent notice to shareholders holding physical securities regarding mandatory KYC compliance requirements, following recent SEBI regulatory circulars. The company has simultaneously announced an interim dividend while emphasizing that non-compliant shareholders will not receive dividend payments until their documentation is updated.

Regulatory Compliance Requirements

The notice references multiple SEBI circulars that mandate comprehensive KYC updates for physical security holders:

Shareholders must update several critical details including PAN, choice of nomination, contact details, mobile number, bank account details, and specimen signature. Failure to comply with these requirements will result in ineligibility to receive any payments including dividends, interest, or redemption amounts.

Interim Dividend Declaration

The Board of Directors approved significant financial distributions during their February 10, 2026 meeting:

The interim dividend of ten paise per share represents a distribution to eligible shareholders based on the company's register of members and beneficial owner lists provided by depositories.

KYC Submission Process

DCW Limited has provided detailed instructions for shareholders to complete their KYC compliance. The required forms are available on multiple platforms:

• Company Website: https://dcwltd.com/investors/ under Shareholder's Information section
• RTA Website: https://bigshareonline.com/ under Investor Resources Downloads

Shareholders must submit the following forms with supporting documents:

• Forms ISR-1, ISR-2, ISR-3
• Forms SH-13, SH-14

All documentation should be forwarded to the company's Registrar and Transfer Agent, Bigshare Services Pvt. Ltd., located at S6-2, 6th floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai 400 093.

Impact on Dividend Distribution

The company has explicitly stated that dividend payments for non-compliant physical shareholders have been withheld. This measure directly implements SEBI's regulatory requirements, ensuring that only shareholders with updated KYC details receive financial distributions.

Dematerialization Recommendation

DCW Limited strongly encourages physical shareholders to convert their holdings to electronic mode to access various dematerialization benefits. The company also advises shareholders to ensure their bank account details are updated in respective demat accounts to enable timely dividend credits.

The notice, signed by Dilip Darji, Sr. General Manager (Legal) & Company Secretary, emphasizes the urgency of compliance and provides comprehensive guidance for shareholders to complete the required documentation process.

DCW Limited has submitted a regulatory disclosure to stock exchanges regarding substantial acquisition of shares by its promoter group following the implementation of an amalgamation scheme. The disclosure, filed under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was submitted by Mr. Bakul Premchand Jain on behalf of multiple acquirers and persons acting in concert.

Transaction Details

The substantial acquisition occurred through the issuance and allotment of equity shares on February 19, 2026, pursuant to a Scheme of Amalgamation approved by the National Company Law Tribunal (NCLT), Ahmedabad Bench. The transaction was executed under the exemption provided in Regulation 10(1)(d)(ii) of the SEBI takeover regulations.

Acquirer Group Composition

The acquisition involves 15 entities acting as acquirers and persons acting in concert, including individual promoters and corporate entities. The key acquirers include Mrs. Paulomi Jain, Mr. Ashish Jain, Mr. Bakul Jain, Mrs. Durgavati Jain, Mr. Vivek Jain jointly with Mrs. Meeta Jain, Mr. Mudit Jain, Cashco Holdings Private Limited, Sahu Cylinders & Udyog Pvt Ltd, Florida Holdings and Trading Pvt Ltd, Ms. Varsha Jain, and Jain Sahu Brothers Properties LLP.

Shareholding Impact

The transaction significantly altered the shareholding pattern of DCW Limited. The combined shareholding of acquirers and persons acting in concert increased substantially following the share allotment.

Individual Promoter Holdings

The disclosure includes detailed shareholding changes for individual promoter group members. Notable changes include Mr. Ashish Jain's holding increasing from 15,645,500 shares (5.30%) to 32,390,413 shares (10.97%), and Mr. Vivek Jain's shareholding rising from 13,480,585 shares (4.57%) to 23,584,196 shares (7.99%).

Regulatory Compliance

The company confirmed that disclosure under Regulation 10(5) was not applicable for this transaction type. The filing was made in compliance with SEBI regulations governing substantial acquisitions, with Mr. Bakul Premchand Jain signing the disclosure on behalf of all acquirers. Additionally, 10 shares were allotted to Mr. Romu Malkani acting as Trustee on behalf of the promoter/promoter group for fractional shares as per the NCLT scheme and order.