StockWatch
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Petrochemicals
Buyback29 Oct 2026, 05:11 pm

DCW Ltd Approves Buyback of Equity Shares Up to ₹40 Crore

AI Summary

DCW Ltd's Board of Directors has approved a buyback of its fully paid-up equity shares, not exceeding ₹40 crore (₹40,00,00,000). The buyback will be conducted through the open market route at a maximum price of ₹58 per share. The company plans to buy back up to 68,96,551 equity shares, representing approximately 4.53% of its total paid-up equity share capital and free reserves as of September 30, 2026. Promoters and promoter group members are excluded from participating. The board also approved the un-audited financial statements for the second quarter and half-year ended September 30, 2026.

Key Highlights

  • DCW Ltd announces buyback of equity shares worth up to ₹40 crore.
  • Buyback price capped at ₹58 per share via open market route.
  • Up to 68,96,551 shares to be repurchased, representing 4.53% of capital.
  • Promoters and promoter group excluded from the buyback.
  • Un-audited financial results for Q2 and H1 FY27 approved.