BSECompany Update13 Aug 2026 · 13 Aug 2026, 05:20 pm

Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015

DCW Ltd · 500117

✦ AI SummaryExpansion

DCW Ltd has announced an investment plan involving an investment of approximately ₹250 crore over the next 2-3 years to strengthen its Pigment portfolio, increase sales, improve competitiveness, and increase presence across both domestic and international markets. The key initiatives under the investment plan are the Synthetic Iron Oxide Pigments (SIOP) Capacity Expansion Project and the Sahupuram Power Plant Improvements Project.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment7/10

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DCW Ltd - 500117 - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

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August 13, 2026 LIMITED National Stock Exchange of India Ltd. BSE Limited Exchange Plaza Bldg. Deparhnent of Corporate Services, 5th Floor, Plot No.C-1 1st floor, New Trading Ring 'G' Block, Near Wockhardt, Rotunda Building, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Mumbai 400 051 Dalal Sheet, Mwnbai -400 001 Symbol: DCW Scrip Code: 500117 Dear Sir(s)/Madam, Sub: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") - Synthetic Iron Oxide Pigments (SIOP) Capacity Expansion Project and Sahupuram Power Plant Improvements Project Pursuant to Regulation 30(4) read with Para B of Part A of Schedule III of the Listing Regulations, we wish to inform you that, pursuant to the authority delegated by the Board of Directors, the Project Management Committee, at its meeting held today, i.e. Thursday, August 13, 2026, has reviewed and approved the Company's proposed investrn.ent plan involving an inveshnent of approximately <250 crore over the next 2-3 years. The key initiatives under the investment plan are as follows: 1. Synthetic Iron Oxide Pigments (SIOP) Capacity Expansion Project: • Capacity is plaimed to increase from 30,000 Metric Tonnes (MT) to 45,000 MT through a two-phase expansion. • Phase 1: Addition of 7,000 MT, taking capacity to approximately 37,000 MT, which is expected to be completed by Q4 FY28. • Phase 2: Addition of further 8,000 MT, taking total capacity to 45,000 MT, following stabilization and commercialization of Phase 1. • Value added product will enter the market during FY28 alongside the consh·uction and commissioning of Phase 1. 2. Sahupuram Power Plant Improvements Project: • The company will undertake improvements to its existing power plant expected completion by Q4 FY28. • The objective is to improve power-generation efficiency ai1d reduce power costs at the Sahupuram complex, thereby improving the company's cost shucture and competitiveness, across its basic & specialty chemicals portfolios. - DCW LIMITED HEAD OFFICE : "NIRMAL" 3RD FLOOR, NARI MAN 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, ClN-L24110GJ1939PLC000748 LIMITED Overall, the planned investment is aimed at sh·engthening its Pigment portfolio, increasing sale, improving competitiveness and increasing presence across both domestic and international market. Further, the details required under Regulation 30 read with Schedule III of the Listing Regulations and SEBI Master Circular HO/ 49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is given in the Annexure - A. The Meeting of the Project Management Committee of the Company commenced at 04:00 P.M and concluded at 05:00 P.M. These are also being made available on the website of the Company at htlps://dcwltd.com/. We request you to take the above information on record and oblige. Thanking You, Yours faithfully, For DCW Limited - '-0--~t-o Q/ r ' \ ( 1) Dilip Darji \ __ ., ) \ '-...._ ...,, ,I Sr. General Manager (Legal) & Company Secretary * Membership No. ACS-22527 Encl.: As above 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 LIMITED Annexure-A Details reguired under Regulation 30 read with SEBI Circular HOL49L14/14(7)2025-CFD- POD2/l/3762/2026 dated Ianuarr 30£ 2026 Name of Product 1. Synthetic Iron Oxide Pigments (SIOP) Capacity Expansion Project 2. Sahupuram Power Plant Improvements Project Existing capacity SIOP Division -30,000 MT Existing capacity utilization Between 90% to 100%, depending upon the product switch Proposed capacity addition SIOP Division -45000 MT Period within which the proposed 1. Synthetic Iron Oxide Pigments (SIOP) Caf!acity capacity is to be added ExQansion Project The expansion for SIOP will be implemented in phases. Phase 1, comprising an additional capacity of 7,000 MT, is expected to be commissioned by Q4 FY28, followed by Phase 2 with a further capacity of 8,000 MT, which is proposed to be undertaken after stabilization and comrnercializa tion of Phase 1. 2. Sahuf!uram Power Plant Im2rovements Project: The company will undertake improvements to its existing power plant by Q4 FY28. Investment required Upto ~250 crore over the next 2-3 years. Mode of financing Bank Financing/Internal Accruals or combination of both Rationale With this inveshnent in expansion, the total production capacity of SIOP Division of the Company will increase by 15,000 MT, growing from the current capacity of 30,000 MT to a total of 45,000 Overall, the plaimed investment is aimed at strengthening its Pigment portfolio, increasing sale, improving competitiveness and increasing presence across both domestic and international market. .1/ '; DCW LIMITED ~ 1) HEAD OFFICE: ' '-.._ __ ..,,. _, ,I } "NIRMAL" 3RD FLOOR, NARIMAN POINT, MUMBAl-400 021 ---- 1' TEL.: 4957 3000, 4957 3001 REGISTERED OFFICE: DHRANGADHRA- 363 310, SURENDRA NAGAR DISTRICT, GUJARAT Email: ho@dcwltd.com, Website: www.dcwltd.com, CIN-L24110GJ1939PLC000748