Description

BSE lists 5,37,40,360 new equity shares of DCW Limited (Scrip Code: 500117) effective April 13, 2026, issued under a scheme of amalgamation with Dhrangadhara Trading Company Private Limited and Sahu Brothers Private Limited.

Summary

BSE has notified that 5,37,40,360 new equity shares of DCW Limited (Scrip Code: 500117, ISIN: INE500A01029) are listed and permitted for trading effective Monday, April 13, 2026. These shares were issued pursuant to the Scheme of Amalgamation of Dhrangadhara Trading Company Private Limited (DTCPL) and Sahu Brothers Private Limited (SBPL) with DCW Limited under Sections 230 to 232 of the Companies Act, 2013.

Key Points

  • 5,37,40,360 equity shares of Rs. 2/- each are newly listed on BSE for DCW Limited (Scrip Code: 500117)
  • Shares rank pari-passu with existing equity shares of the company
  • ISIN: INE500A01029; Distribution Numbers: 295155018 to 348895377
  • Date of allotment: February 19, 2026
  • An equal number of 5,37,40,360 DCW Limited shares held by DTCPL and SBPL collectively will be cancelled due to cross-holding
  • Net change in share capital is zero as the newly issued shares are offset by cancellation of cross-held shares

Regulatory Changes

No new regulatory changes. This circular implements the outcome of an approved Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving the merger of DTCPL and SBPL into DCW Limited.

Compliance Requirements

  • Market participants are informed to update their records to reflect the new securities admitted for trading
  • Depository participants and trading members should note the distribution number range (295155018 to 348895377) for the newly listed shares

Important Dates

  • Date of Allotment: February 19, 2026
  • Notice Date: April 10, 2026
  • Effective Trading Date: April 13, 2026 (Monday)

Impact Assessment

The net impact on DCW Limited’s total share capital is neutral, as the 5,37,40,360 newly issued shares are offset by the cancellation of an equal number of shares previously held as cross-holdings by the transferor companies (DTCPL and SBPL). Existing DCW shareholders will see no dilution in their holdings. The amalgamation consolidates the corporate structure of DCW Limited by absorbing its associate entities.

Impact Justification

Routine listing of new shares following a court-approved amalgamation scheme; directly impacts DCW Limited shareholders and investors tracking the merged entity's share count.