DCW Ltd Approves Buyback of ₹40 Cr Equity Shares

DCW Limited announced its Board of Directors has approved a buyback of equity shares worth up to ₹40,00,00,000 (₹40 Crore) at a maximum price of ₹58 per share. The buyback will be conducted through the open market mechanism on stock exchanges. The indicative maximum number of shares to be bought back is 68,96,551, representing approximately 4.53% of the company's paid-up equity share capital. The buyback period is set to commence on November 3, 2026, and will conclude by February 8, 2027, or earlier if the maximum buyback size is reached. Shareholders holding shares in physical form must dematerialize them to participate.