Report of Audit Committee and Independent Directors

DCW Ltd has submitted compliance reports from its Audit Committee and Independent Directors confirming that the company has compensated 18 eligible shareholders for their fractional share entitlements arising from the amalgamation with Dhrangadhara Trading Company Private Limited (DTCPL) and Sahu Brothers Private Limited (SBPL). The NCLT Ahmedabad Bench had approved the scheme on January 22, 2026, with an effective date of February 17, 2026. DCW allotted 5,37,40,360 equity shares of ₹2 each on February 19, 2026 (12,80,500 to DTCPL shareholders and 5,24,59,860 to SBPL shareholders). The trustee sold the consolidated fractional shares in the open market on May 15, 2026, and distributed net proceeds of ₹446.65 to the eligible shareholders on May 25, 2026 via direct bank credit.