DP Wires Limited has responded to a BSE surveillance inquiry regarding significant movement in its share price, clarifying that the fluctuations are market-driven and not due to any undisclosed material information.

BSE Surveillance Inquiry Response

The company issued its clarification on April 15, 2026, in response to BSE's email dated April 13, 2026, which sought explanation for the significant price movement in DP Wires' shares on the stock exchange.

Company's Position on Price Movement

DP Wires stated that the movement in its share price is purely market-driven and may be attributed to market conditions and other external factors. The company emphasized that it is not aware of any information that has not been disclosed to stock exchanges which could impact the share price.

Regulatory Compliance Confirmation

The company confirmed its adherence to regulatory requirements and transparency standards:

• All necessary disclosures made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• No material information or events withheld that could influence price or volume behavior of company securities
• Commitment to continue making timely disclosures as required under applicable regulations

Corporate Information

The clarification was signed by Krutika Maheshwari, Company Secretary and Compliance Officer, and digitally authenticated on April 15, 2026. DP Wires Limited operates from its registered office in Ratlam, Madhya Pradesh, and maintains its commitment to regulatory compliance and transparent communication with stakeholders.

D. P. Wires Limited successfully conducted its Extra Ordinary General Meeting (EGM) on March 31, 2026, securing shareholder approval for significant material related party transactions totaling Rs. 330.00 crores for the financial year 2026-27.

Meeting Overview and Participation

The EGM was held at the company's registered office located at 16-18A, Industrial Area, Ratlam, Madhya Pradesh, India, 457001. The meeting commenced at 04:00 PM and concluded at 05:10 PM, with Mr. Anil Kumar Mehta, Chairman and Independent Director, presiding over the proceedings.

Board and Key Personnel Present

The meeting witnessed comprehensive participation from the company's leadership team. The board of directors was well-represented across all categories including executive, non-executive, and independent directors.

Approved Related Party Transactions

The EGM focused on two critical special business resolutions related to material related party transactions for the financial year 2026-27. Both resolutions were passed with overwhelming shareholder support.

Voting Results and Approval

The voting process incorporated both remote e-voting and physical ballot voting during the meeting. The remote e-voting period was conducted from March 28, 2026 (9:00 AM) to March 30, 2026 (5:00 PM) through CDSL platform.

Compliance and Regulatory Framework

The approved transactions comply with Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Sections 185, 186, and 188 of the Companies Act, 2013. All transactions will be conducted at arm's length and in the ordinary course of business.

Meeting Conclusion

Following the completion of voting procedures, Ms. Shweta Garg, the appointed Practicing Company Secretary serving as scrutinizer, submitted her comprehensive report confirming that all resolutions were passed with requisite majority. The company committed to separately intimate the detailed voting results to stock exchanges and publish them on the company's website as per regulatory requirements.