Key Quantitative Figures

  • Maximum Buyback Price: ₹58 per equity share (face value ₹2)
  • Maximum Buyback Size: ₹40,00,00,000 (Forty Crores)
  • Maximum Number of Shares: 68,96,551 equity shares
  • Percentage of Capital: 4.53% of total paid-up equity share capital and free reserves (including securities premium account)

Dates of Action

  • Board Approval Date: October 29, 2026
  • Public Announcement Date: October 31, 2026
  • Buyback Opening Date: November 3, 2026
  • Buyback Closing Date: Earlier of:
  • February 8, 2027 (66 working days from opening)
  • Date when Maximum Buyback Size is deployed
  • Earlier date determined by Board with notice

Parties Involved

  • Stock Exchanges: BSE Limited, National Stock Exchange of India Limited
  • RTA: Bigshare Services Private Limited
  • Broker: Not specified by name in disclosure

Process and Methodology

  • Buyback through open market purchases on stock exchanges using order-matching mechanism
  • Orders placed under BO series through company's broker
  • Price of each order shall not exceed Maximum Buyback Price of ₹58
  • Settlement through clearing corporations of stock exchanges
  • Payment made directly to bank accounts of shareholders
  • Physical shares must be dematerialized to participate
  • No uniform price - depends on last traded price with +/-1% deviation

Additional Information

  • Public Announcement published on October 31, 2026
  • Newspaper advertisements in Financial Express (English), Alpaviram (Hindi), and Financial Express (Gujarati)
  • Documents available on company website (dcwltd.com), SEBI website, NSE website, and BSE website
  • Shareholders advised to consult tax advisors for tax implications