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  3. DCW Limited Receives Trading Approval for 5.37 Crore Equity Shares Under Amalgamation Scheme
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  • 10 Apr 2026
  • X
 DCW Limited Receives Trading Approval for 5.37 Crore Equity Shares Under Amalgamation Scheme

DCW Limited has successfully received trading approvals from BSE and NSE on April 10, 2026, for 5,37,40,360 equity shares of ₹2/- face value each, issued under its amalgamation scheme. The shares will commence trading from April 13, 2026, and will rank pari-passu with existing equity shares. This follows the company's earlier receipt of listing approvals on March 24, 2026, completing the regulatory process for the amalgamation of two private limited companies with DCW Limited.

DCW Limited Receives Trading Approval for 5.37 Crore Equity Shares Under Amalgamation Scheme

DCW Limited has announced that it has received trading approvals from both major stock exchanges for equity shares issued under its recently completed amalgamation scheme. The company informed the exchanges on April 10, 2026, about the successful completion of the regulatory approval process for the newly issued shares.

Trading Approval Details

The company received trading approvals from BSE Limited and National Stock Exchange of India Limited on April 10, 2026, for the equity shares issued pursuant to the amalgamation scheme. This follows the earlier listing approvals received on March 24, 2026.

Parameter: Details Number of Shares: 5,37,40,360 equity shares Face Value: ₹2/- each Trading Commencement: April 13, 2026 Listing Approval Date: March 24, 2026 Trading Approval Date: April 10, 2026

Amalgamation Scheme Background

The equity shares were issued pursuant to the scheme of amalgamation involving two transferor companies with DCW Limited. The scheme involved the merger of Dhrangadhara Trading Company Private Limited and Sahu Brothers Private Limited with and into DCW Limited under Sections 230-232 read with Section 66 of the Companies Act, 2013.

The amalgamation scheme received approval from the Hon'ble National Company Law Tribunal, Ahmedabad Bench, as disclosed in the company's earlier communications dated January 23, 2026, January 30, 2026, and February 19, 2026.

Share Listing and Trading

The newly issued equity shares will be listed and admitted to trading on both stock exchanges with effect from April 13, 2026. These shares will rank pari-passu with the existing equity shares of DCW Limited, meaning they will carry the same rights and privileges as the company's current equity shares.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The communication was signed by Dilip Darji, Sr. General Manager (Legal) & Company Secretary of DCW Limited.

DCW Limited has submitted its quarterly compliance certificate to stock exchanges and depositories for the quarter ended March 31, 2026, fulfilling regulatory obligations under SEBI's depository regulations.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 on April 6, 2026. This quarterly submission was addressed to key market infrastructure institutions including National Securities Depository Limited, Central Depository Services (India) Limited, National Stock Exchange of India Ltd., and BSE Limited.

Filing Details: Information Quarter Ended: March 31, 2026 Filing Date: April 6, 2026 Regulation: SEBI (Depositories and Participants) Regulations, 2018 Registrar: Bigshare Services Pvt. Ltd.

Certificate Confirmation

Bigshare Services Pvt. Ltd., serving as DCW Limited's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 6, 2026. The certificate validates that securities received from depository participants for dematerialization up to March 31, 2026 were properly processed and confirmed to the depositories.

Compliance Procedures

The registrar confirmed adherence to established procedures for dematerialization processes:

Securities received for dematerialization were accepted or rejected as per regulations

All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed

Security certificates received for dematerialization were mutilated and cancelled after due verification

Depository names were substituted in the register of members as registered owners within the mandated 15-day period

Corporate Information

DCW Limited operates with its head office located at "Nirmal" 3rd Floor, Nariman Point, Mumbai-400 021, while maintaining its registered office in Dhrangadhra, Surendranagar District, Gujarat. The company secretary Dilip Darji, holding membership number ACS-22527, signed the compliance filing as Sr. General Manager (Legal) & Company Secretary.

This quarterly filing represents DCW Limited's ongoing commitment to regulatory compliance and transparent corporate governance practices in securities management and depository operations.

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