DCW : COMMENCES RS 40 CR BUYBACK AT MAX ₹58/SHARE

• Board-approved buyback of fully paid equity shares of face value ₹2 each for an aggregate amount not exceeding ₹40 Cr • Buyback via open market through stock exchange mechanism, at a price not exceeding ₹58 per share, payable in cash • Buyback opens November 3, 2026; closes on the earlier of February 8, 2027 (66 working days) or completion of the maximum buyback size • Offer not open to promoters, promoter group or persons in control

DCW Limited

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