Meeting Details

  • Date: Saturday, September 26, 2026
  • Time: 12:00 noon IST
  • Location: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Deemed Venue: Registered Office of the Company at Dhrangadhra - 363 310, Gujarat
  • Type: Annual General Meeting

Proposed Resolutions and Implications

Ordinary Business:

Item No. 1 - Adoption of Audited Financial Statements

  • Resolution: Ordinary Resolution to adopt audited financial statements for FY ended March 31, 2026
  • Reports of Board of Directors and Auditors to be considered

Item No. 2 - Confirmation of Interim Dividend and Declaration of Dividend

  • Resolution: Ordinary Resolution
  • Confirmation of interim dividend already paid at rate of ₹0.10 per equity share (10 paise)
  • Declaration of final dividend at rate of ₹0.20 per equity share (20 paise)
  • Total dividend for FY25-26: 15% (5% interim + 10% final)
  • Payment to be made after September 26, 2026 to shareholders of record as of September 19, 2026

Item No. 3 - Re-appointment of Director

  • Resolution: Ordinary Resolution
  • Re-appointment of Mr. Ashish Pramodkumar Jain (DIN: 00866676) who retires by rotation
  • Currently serving as Managing Director since November 1, 2024

Special Business:

Item No. 4 - Appointment of Independent Director

  • Resolution: Special Resolution
  • Appointment of Mr. Adhiraj Anil Harish (DIN: 03380459) as Non-Executive Independent Director
  • Term: June 28, 2026 to June 27, 2031 (5 years)
  • Was appointed as Additional Director on June 28, 2026
  • Submitted declaration of independence as per Section 149(6) of Companies Act, 2013
  • Remuneration: Sitting fees for meetings and commission on profits as applicable to other Non-Executive Independent Directors

Item No. 5 - Ratification of Cost Auditors' Remuneration

  • Resolution: Ordinary Resolution
  • Ratification of remuneration for Cost Auditors for FY ending March 31, 2027:
  • M/s. R. Nanabhoy & Co.: ₹1,15,000
  • M/s. N. D. Birla & Co.: ₹75,000
  • Appointed by Board on May 5, 2026

Voting Process and Methods

  • Remote e-voting: Provided through National Securities Depository Limited (NSDL)
  • Voting period: September 23, 2026 (9:00 AM) to September 25, 2026 (5:00 PM)
  • Cut-off date: September 19, 2026 for determining voting eligibility
  • Physical voting: Not available due to virtual meeting format
  • Proxy voting: Not permitted for this virtual AGM
  • Corporate representatives: May authorize representatives via board resolution/authorization letter

Key Voting Information

  • Total votes: Proportional to shareholding as of September 19, 2026
  • Voting methods: Remote e-voting prior to meeting or e-voting during meeting
  • Voting restrictions: Members who vote remotely cannot vote again during meeting
  • Result declaration: Immediately after meeting conclusion by Chairman

Scrutinizer Appointment and Role

  • Appointed scrutinizer: Mr. Vaibhav Dandawate (COP No. 27947)
  • Alternate scrutinizer: Mr. Saurabh Agrawal (COP No. 20907)
  • Firm: Makarand M. Joshi & Co., Practicing Company Secretaries
  • Responsibilities: Scrutinize remote e-voting and voting at meeting
  • Report submission: Within two working days after meeting conclusion
  • Contact email: scrutinisers@mmjc.in

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars: 14/2020, 17/2020, 20/2020, and 03/2025
  • SEBI Circular: SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024
  • Secretarial Standard on General Meetings (SS-2)

Additional Financial Information

  • Financial performance (in lakhs):
  • FY2023-24: Revenue ₹1,87,158.98, Profit After Tax ₹1,565.96
  • FY2024-25: Revenue ₹2,00,034.33, Profit After Tax ₹3,007.16
  • FY2025-26: Revenue ₹2,14,358.57, Profit After Tax ₹4,817.22
  • Register closure: September 20-26, 2026 (both days inclusive)
  • Dividend record date: September 19, 2026

Other Relevant Information

  • Annual report availability: On company website, BSE, NSE, and NSDL websites
  • Shareholder queries: Directed to investor.relations@dcwltd.com
  • Document inspection: Available electronically upon request
  • Green initiative: Encouragement for electronic communication
  • KYC compliance: Emphasis on updating PAN, bank details, and nomination information
  • IEPF awareness: Information provided on claiming unclaimed dividends and shares
  • ODR portal: SEBI's Online Dispute Resolution portal mentioned for grievance resolution