General Updates

LIMITED Septen1ber1,2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza Bldg., Department of Corporate Services, 5th Floor, Plot No.C-1, 'G' Block, Near 1st floor, New Trading Ring Wockhardt, Bandra Kurla Complex. Rotunda Building, Phiroze Jeejeebhoy Towers, Mumbai 400 051 Dalal Street, Mumbai-400 001 Symbol: DCW Scrip Code: 500117 Dear Sir(s)/Madam, Sub: Communication to Shareholders - Intimation on Tax Deduction at Source (TDS) / withholding tax on Final Dividend for FY 2025-26. Pursuant to the changes introduced by the h1come Tax Act, 2025 and the rules framed thereunder, dividend paid or dish·ibuted, shall be taxable at the hands of the Shareholders and the Company is required to deduct TDS on the dividend. In this regard, please find enclosed herewith an e-mail communication which is being sent to all the shareholders of the Company whose e-mail IDs are registered with the Company /Depositories explaining the process on withholding tax from dividends paid to the shareholders at prescribed rates, as may be applicable, along with the necessary annexures. The above communication is also available on the website of the Company at wvvv.7.dcwltd.com You are requested to take the aforesaid information on your record. Thanking You, Yours faithfully, For DCW Limited Dilip Darji Sr. General Manager (Legal) & Company Secretary Encl:A/a DCW LIMITED HEAD OFFICE: "NIRMAL" 3RD FLOOR, NARIMAN POINT, MUMBAl-400 021 TEL.: 4957 3000, 4957 3001 REGISTERED OFFICE: DHRANGADHRA- 363 310, SURENDRA NAGAR DISTRICT, GUJARAT Email: ho@dcwltd.com, Website: www.dcwltd.com, CIN-L24110GJ1939PLC000748 DCW LIMITED CIN: L24110GJ1939PLC000748 Regd. Office: Dhrangadhra - 363 310, Gujarat State Head Office: 3rd Floor, Nirmal, Nariman Point, Mumbai – 400 021 Tel: 022-49573000, 022-49573001 Website: www.dcwltd.com E-Mail: investor.relations@dcwltd.com Dear Shareholder, Sub: Communication in respect of Tax Deduction at Source (“TDS”) on Final Dividend pay- out for the Financial Year 2025-26 We are pleased to inform you that the Board of Directors of the Company at their meeting held on May 05, 2026 recommended a Final Dividend of Rs. 0.20/- (Twenty Paise only) per equity share of face value of Rs. 2/- each for the Financial Year ended March 31, 2026. This Final dividend is subject to approval of shareholders at the forthcoming Annual General Meeting (“AGM”). As you may be aware, in terms of the provisions of the Income-Tax Act, 2025, ("the Act" or “IT Act 2025”) as amended by the Finance Act, 2026, applicable with effect from April 01, 2026, dividend declared and paid by the Company is taxable in the hands of its shareholders. Accordingly, the Company shall be required to deduct tax at source from the said dividend at prescribed rates. The aforesaid dividend, if approved by the shareholders at the AGM, will be payable to those shareholders whose name appear in the Register of Members of the Company or in the records of the Depositories Participants, as on the record date, within the prescribed timeline as per applicable statute. If there is any change in the information, you are requested to update your records such as tax residential status, PAN and register your e-mail address, mobile number and other details with your relevant depositories through your depository participants in case you are holding shares in dematerialised form and if you are holding shares in physical mode, you are requested to furnish details to M/s. Bigshare Services Private Limited, the Registrar and Transfer Agent (“RTA”) of the Company at S6-2, 6th floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai 400093 and send them the duly completed ISR 1, ISR 2, ISR 3 and SH 13 at RTA’s office or at investor@bigshareonline.com The said forms can downloaded from the Company’s website at https://dcwltd.com/investors/ and Company’s Registrars website at https://www.bigshareonline.com/resources-sebi_circular.aspx#parentHorizontalTab3 This communication provides a brief of the applicable Tax Deduction at Source (“TDS”) provisions under the Act for Resident and Non-Resident shareholder categories. I. For Resident shareholders: Tax is required to be deducted at source under Section 393(1) (Table Sl. No. 7) of the IT Act, 2025, at the rate of 10% on the amount of dividend where shareholders have registered their valid Permanent Account Number (“PAN”). In case, shareholders do not have PAN/inoperative/invalid PAN not linked with Aadhaar/ not registered their valid PAN details in their account in the Income-tax portal, TDS at the rate of 20% shall be deducted under Section 397(2) of the IT Act, 2025 or as per the applicable law. a. Resident Individuals: No tax shall be deducted on the dividend payable to resident individuals if: i. Total dividend amount to be received by them during the Financial Year (“FY”) 2026-27 does not exceed Rs. 10,000/-; or ii. The shareholder provides Form 121, subject to fulfilment of all the prescribed eligibility conditions. Please note that all fields in Form 121 are mandatory to be duly filled in, and the Company may, at its sole discretion, reject the form if it does not fulfil the requirements prescribed under the Act. iii. Exemption certificate, if any, is issued by the Income-tax Department. Note: Recording of a valid PAN against the registered Folio / DP ID-Client ID is mandatory. In the absence of a valid PAN, tax shall be deducted at the higher rate of 20%, as prescribed under Section 397(2) of the IT Act, 2025. b. Resident Non-Individuals: No tax shall be deducted on the dividend payable to the following resident non- individuals, subject to submission of the requisite details and documents in the prescribed format: i. Insurance Companies [Section 393(4), Table Sl. No. 10 of the IT Act, 2025]: Self-declaration confirming that the entity qualifies as an ‘Insurer’ as defined under Section 2(7A) of the Insurance Act, 1938, and has full beneficial interest in respect of the equity shares held by it, along with: • Self-attested copy of PAN card; and • Certificate of registration with the Insurance Regulatory and Development Authority (IRDA) / Life Insurance Corporation of India / General Insurance Corporation of India. ii. Mutual Funds [Section 393(5)(d) of the IT Act, 2025]: Self-declaration confirming that the entity is registered with SEBI and is notified under Schedule VII (Table: Sl. No. 20 or 21) of the IT Act, 2025, along with: • Self-attested copy of PAN card; and • Certificate of registration with SEBI. iii. Alternative Investment Funds (AIFs): Self-declaration confirming that the entity is an Alternative Investment Fund (AIF) registered with SEBI and specified under Schedule V (Table: Sl. No. 1) of the IT Act, 2025, and is registered with SEBI as a Category I or Category II AIF, along with: • Self-attested copy of PAN card; and • Certificate of AIF registration with SEBI. iv. New Pension System (NPS) Trust [Section 393(9) of the IT Act, 2025]: Self-declaration confirming that the entity qualifies as an NPS Trust and that its income is eligible for exemption under Schedule VII (Table: Sl. No. 41) of the IT Act, 2025, and is regulated by the provisions of the Indian Trusts Act, 1882, along with: • Self-attested copy of PAN card. v. Business Trust covered under Section 393(4), Table Sl. No. 10 of the IT Act, 2025: Self-declaration confirming that the person is a “business trust”, as defined under Section 2(21) of the IT Act, 2025, in respect of any securities held by a special purpose vehicle referred to in Schedule V (Table: Sl. No. 3). vi. Persons covered under Section 393(5)(a)/(b)/(c) of the IT Act, 2025: Self-declaration confirming that the person is: • the Government; or • the Reserve Bank of India; or • a corporation established by or under a Central Act which, under any law for the time being in force, is exempt from income-tax on its income, along with a copy of PAN. vii. Any other person / Authority / Fund / Bod [Showing first 8,000 characters — download PDF for full document]