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.
DCW · price
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Awaiting price reaction for this filing.
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.
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.