Outcome of Board Meeting

Better Chemistry. Better Tomorrow. October 29, 2026 National Stock Exchange of India Ltd. BSE Limited, Exchange Plaza Bldg. ist floor, New Trading Ring 5th Floor, Plot No.C-1 Rotunda Building, 'G' Block, Near Wockhardt, Phiroze Jeejeebhoy Towers, Sandra Kurla Complex, Mumbai -400 051 Dalal Street, Mumbai -400 001 Scrip Code: DCW Scrip Code: 500117 Dear Sir/Madam, Sub: Outcome of Board meeting of DCW Limited (the "Company") pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") Further to our intimation dated October 26, 2026 and in terms of Regulation 30 of the Listing Regulations, we wish to inform you that the Board of Directors (the "Board") of Company at its meeting held on October 29, 2026, have, considered and approved the proposal for: 1. The Un-audited Financial Statements of the Company for the second quarter and half year ended September 30, 2026. Accordingly, we are enclosing herewith: a) A copy of Un-audited Financial Statements of the Company for the second quarter and half year ended September 30, 2026; and b) Limited Review Report of the Company for the second quarter and half year ended September 30, 2026, issued by M/ s. V. Sankar Aiyar 8 Co., Statutory Auditors of the Company. 2. Buyback of fully paid-up equity shares of the Company having a face value of Rs. 2/- (Rupees Two only) each ("Equity Shares" and such buyback "Buyback"), from all shareholders/ beneficial owners of the Equity Shares of the Company (other than the promoters and shareholders belonging to the promoter group of the Company), through the "open market" route, using mechanism for acquisition of shares through stock exchange, in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended ("SEBI Buyback Regulations") and such other circulars or notifications issued by the Securities and Exchange Board of India ("SEBI") and the applicable provisions of the Companies Act, 2013 and rules made thereunder, as amended from time to time, at a price not exceeding Rs.58/- (Rupees Fifty-eight only) per Equity Share ("Maximum Buyback Price"), payable in cash, for an aggregate amount not exceeding Rs. 40,00,00,000/- (Rupees Forty Crores only) ("Maximum Bu back Size"), ;,,,:;:;.~~ t" A REGISTERED DCW LIMITED MUMBAI DCW LIMITED V. ,V OFFICE Dhrangadhra 36331 0, Nirmal, 3rd Floor, G/' \ Surendranagar District, Gujarat. Nariman Point, Mumbai 400021 J ho@dcwltd.com +91 {22) 49573000/49573001 \. / www.dcwltd.com ho@dcwltd.com CIN -L2411 OGJ1939PLC000748 Better Chemistry. Better Tomorrow. excluding expenses to be incurred for the Buyback viz. brokerage, turnover charges, applicable taxes such as securities transaction tax, goods and service tax, stamp duty, any expenses incurred or to be incurred for the Buyback like filing fee payable to SEBI, advisors, legal fees, intermediary fees, public announcement publication expenses, printing, dispatch expenses and other incidental and related expenses. At the Maximum Buyback Size and the Maximum Buyback Price, the indicative maximum number of Equity Shares to be bought back under the Buyback would be 68,96,551 Equity Shares ("Maximum Buyback Shares") (representing 4.53% of the total paid-up equity share capital and free reserves (including securities premium account) of the Company as on date i.e. October 29, 2026 and is less than 25% of the existing paid-up equity capital of the Company. If the Equity Shares are bought back at a price below the Maximum Buyback Price, the actual number of Equity Shares bought back could exceed the indicative Maximum Buyback Shares (assuming full deployment of the Maximum Buyback Size) but will always be subject to the Maximum Buyback Size and shall not exceed 25% of the existing paid-up equity capital of the Company. The Maximum Buyback Size represents 4.53% of the aggregate of the Company's total paid-up equity share capital and free reserves as per the latest un-audited financial statements along with Limited Review Report of the Company as on September 30, 2026, respectively, which is not more than 10% of the aggregate of the total paid-up capital and free reserves of the Company in accordance with Regulation 4(i) of the SEBI Buyback Regulations read with proviso to Regulation 5(i)(b) of the SEBI Buyback Regulations. The Company shall utilise at least 75% of the Maximum Buyback Size, i.e., Rs. 30,00,00,000/- (Rupees Thirty Crores only) ("Minimum Buyback Size") for the Buyback and based on the Minimum Buyback Size and the Maximum Buyback Price, the Company will purchase an indicative minimum of 51, 72,413 Equity Shares. The Board has also constituted a committee for the purposes of the Buyback (the "Buyback Committee") and has delegated its powers to the Buyback Committee to do all such acts, deeds and things as may be necessary, expedient or proper in connection with implementation of the Buyback. REGISTERED DCW LIMITED MUMBAI DCW LIMITED OFFICE Dhrangadhra 363310, Nirmal, 3rd Floor, Surendranagar District, Gujarat. Nariman Point, Mumbai 400021 ho@dcwltd.com +91 (22) 49573000/49573001 www.dcwltd.com ho@dcwltd.com CIN -L2411 OGJ1939PLC000748 Better Chemistry. Better Tomorrow. The Promo_ters, members of Promoters Group and persons in control of the Company cannot participate in the Buyback through open market as per the SEBI Buyback Regulations. The details required under Regulation 30 of the Listing Regulations read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD/2/1/3762/2026 dated January 30, 2026, are set out in "Annexure A". The meeting of the Board of Directors of the Company commenced at 12:00 Noon and concluded at 4.00 P.M. This intimation is also being made available on the website of the Company at https://dcwltd.com/ This is for your information and records. Thanking You, Yours faithfully, For DCW Limited Dilip Darji Sr. General Manager (Legal) 8 Company Secretary Membership No. ACS-22527 Encl.: As above REGISTERED DCW LIMITED MUMBAI DCW LIMITED OFFICE Dhrangadhra 363310, Nirmal, 3rd Floor, Surendranagar District, Gujarat. Nariman Point, Mumbai 400021 ho@dcwltd.com +91 (22) 49573000/49573001 www.dcwltd.com ho@dcwltd.com CIN -L24110GJ1939PLC000748 Better Chemistry. Better Tomorrow. AnnexureA Point 2.3 of Para A Part A Schedule Ill of SEBI Circular no. HO/49/14/14(7)2025-CFDPOD2/l/3762/2026 dated January 30, 2026 Buy back of securities Sr. Particulars Details 1. Number of securities Buyback of up to indicative maximum proposed for buyback number of 68,96,551 equity shares. 2. Number of securities Buyback of up to indicative maximum proposed for buyback as a number of 68,96,551 equity shares percentage of existing paid representing upto 4.53% of the aggregate of up capital the paid-up equity share capital and free reserves (including securities premium account) and 2.34% of the total number of the paid-up Equity Shares of the Company as on September 30, 2026. 3. Buyback price Maximum buyback price is Rs. 58/- per equity share. 4. Actual securities in number The actual number of securities and and percentage of existing percentage of the existing paid-up capital paid up capital bought back bought back shall be ascertained following completion of the buyback. 5. Pre 6 post shareholding The Pre and Post buyback shareholding pattern pattern is attached as Annexure B. However, Post buyback shareholding pattern of the Company shall be ascertained following completion of the buyback. REGISTERED DCW LIMITED MUMBAI DCW LIMITED OFFICE Dhrangadhra 363310, Nirmal, 3rd Floor, Surendranagar District, Gujarat. Nariman Point, Mumbai 400021 ho@dcwltd.com +91 (22) 49573000/49573001 www.dcwltd.com ho@dcwltd.com CIN -L2411 OGJ1939PLC000748 Better Chemistry. Better Tomorrow. Annexure B Pre Buyback Shareholding Pattern Category of Shareholder Number of Shares % of Existing Capital Promoter 8 Promoter Group (A) 13,45,61,399 45.59% Public (B) 1 [Showing first 8,000 characters — download PDF for full document]