DCWNSEDCW Limited· Chemicals & PetrochemicalsHighNeutral
Announced Tue, 24 Feb, 2026 · 18:35 IST

DCW Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.

Creeping Acquisition Near ThresholdPromoter Below 50pctOwnership Changes View source PDFExplain this filing

DCW · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-1.5%Reaction day
₹48.85
prior close
₹48.85
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-1.7% vs market
Petrochemicals peers, median of 13sector-0.4%-1.1% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.1 pts less than its Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.2
10m
-0.2
15m
-0.7
30m
-1.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.5+0.2-1.7-0.4-1.1
Next day
-0.5+0.4-1.0-0.1-0.5
2d
-3.0-0.6-2.4+0.5-3.5
3d
-5.0-2.8-2.1-1.8-3.2
4d
-8.6-5.4-3.2-5.7-2.8
5d
-9.5-4.4-5.1-6.0-3.5
1w
-16.1-7.1-9.0-7.3-8.8
15d
-17.5-7.8-9.7-10.4-7.2
1m
-16.0-6.6-9.5-10.9-5.1
2m
-6.0+7.7-13.7+0.4-6.4
3m
-1.8+10.3-12.0+4.9-6.6
UpDownMarket · Nifty Microcap 250Sector · Petrochemicals peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

DCW Limited's promoter group entities (Jain family and related companies/huF/LLP) have been issued and allotted equity shares on February 19, 2026, pursuant to a Scheme of Amalgamation approved by the NCLT, Ahmedabad Bench. The acquirers and persons acting in concert (PACs) saw their combined holding rise from 5,74,60,918 shares (19.47%) to 11,12,01,268 shares (37.68%). The transferors, holding 5,37,40,360 shares (18.21%) pre-transaction, have been brought to zero post-merger. Total promoter and promoter group holding post-transaction stands at 13,34,42,309 shares (45.21%) of the company. The acquirers are exempt from making an open offer under Regulation 10(1)(d)(ii) of SEBI (SAST) Regulations.

Likely market impact

This is a court-approved internal restructuring within the promoter group, not a market purchase, so it has no direct impact on stock price or minority shareholders. However, the consolidated promoter holding has risen to 45.21%, approaching the 50% mark, which reduces the possibility of a hostile takeover but also means the promoters have less room for further creeping acquisitions under the 5% annual limit without triggering open offer obligations.