BSECompany Update13 Aug 2026 · 13 Aug 2026, 05:20 pm
Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015
DCW Ltd · 500117
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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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Growth Catalyst8/10
Governance Concern2/10
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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