DCW Limited concluded its 87th Annual General Meeting on September 26, 2026, with shareholders approving key financial and governance resolutions through electronic voting.

The meeting, conducted via Video Conferencing and Other Audio-Visual Means, saw the adoption of audited financial statements for FY26. A significant outcome was the confirmation of interim dividends already paid and the declaration of a final dividend of ₹0.20 per equity share of face value ₹2 each.

Key resolutions passed

Shareholders voted on five agenda items, covering both ordinary and special business. The resolutions included the re-appointment of Mr. Ashish Pramodkumar Jain as a director retiring by rotation and the appointment of Mr. Adhiraj Anil Harish as an Independent Director.

The board also ratified the remuneration payable to cost auditors for FY27. All items were transacted through remote e-voting and live e-voting during the session.

Meeting participation and proceedings

The meeting commenced at 12:00 pm and concluded at 1:25 pm. Chairman Bakul Premchand Jain presided over the session, with CEO Sudarshan Ganapathy and CFO Pradipto Mukherjee briefing members on operational and financial performance.

A total of 63 shareholders attended through video conferencing. This included 19 representatives from the promoter and promoter group, while 44 public shareholders participated remotely. The company reported no qualifications or adverse remarks in the statutory or secretarial audit reports for FY26.

M/s. Makarand M. Joshi & Co. served as the scrutinizer for the voting process. The combined voting results were scheduled for declaration within two working days of the meeting.

DCW Limited has scheduled its 87th Annual General Meeting (AGM) for September 26, 2026, at 12:00 noon via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting will transact ordinary business including the adoption of FY26 financial statements, confirmation of an interim dividend of ₹0.10 per share, and declaration of a final dividend of ₹0.20 per share.

The company notified exchanges on September 4, 2026, regarding the book closure period required to determine shareholder eligibility for voting and dividend payment. The Register of Members and Share Transfer Book will remain closed from September 20, 2026, to September 26, 2026 (both days inclusive), pursuant to Regulation 42 of the SEBI Listing Regulations. Shareholders holding shares as of the end of business hours on September 19, 2026, will be eligible to vote and receive the dividend if declared.

Key Agenda Items

The AGM notice outlines specific resolutions for shareholder approval:

• Adoption of Financial Statements: Approval of the Audited Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.
• Dividend Declaration: Confirmation of the interim dividend of ₹0.10 per equity share already paid, and declaration of the final dividend of ₹0.20 per equity share for FY26.
• Director Re-appointment: Re-appointment of Mr. Ashish Pramodkumar Jain (DIN: 00866676) as a Director, who retires by rotation at this meeting.
• Independent Director Appointment: Appointment of Mr. Adhiraj Anil Harish (DIN: 03380459) as an Independent Director via a Special Resolution.

Voting and Dividend Payment

Remote e-voting will commence on September 23, 2026, at 9:00 am and end on September 25, 2026, at 5:00 pm. Shareholders can vote via the electronic platform provided by NSDL. Those who have not registered their email addresses are advised to update details with their Depository Participants or the Registrar and Transfer Agent (RTA), Bigshare Services Private Limited.

Dividends will be paid electronically only, in line with SEBI directives effective November 18, 2025. Physical warrants or cheques will not be issued. The payout is subject to tax deduction at source (TDS) procedures notified by the company on September 1, 2026.

TDS Compliance

Dividends are taxable in the hands of shareholders. Key compliance deadlines include:

• Document Submission Deadline: September 15, 2026.
• Resident Individuals: No TDS if total dividend ≤ ₹10,000 or Form 121 is submitted. Otherwise, 10% TDS applies for valid PAN holders; 20% for invalid/unlinked PANs.
• Non-Residents: Withholding tax at 20% plus surcharge/cess, unless beneficial DTAA rates are claimed via Tax Residency Certificate (TRC) and Form 41.

Additional Updates

DCW Limited has opened a special window for the re-lodgement of transfer deeds for physical shares lodged before April 1, 2019. This facility runs from February 5, 2026, to February 4, 2027. Re-lodged shares will be issued in demat form and locked in for one year.