Merger29 May 2026, 05:04 pm
DCW Ltd Compensates Fractional Share Holders in Amalgamation
AI Summary
DCW Ltd reports that it has compensated the eligible shareholders of Dhrangadhara Trading Company Private Limited and Sahu Brothers Private Limited, who were entitled to fractional shares, as per the Scheme of Amalgamation. The compensation was made according to Clause 13 of the Scheme, with payments processed on May 25, 2026. The reports from the Audit Committee and Independent Directors certify the same, in compliance with SEBI Master Circular No. SEBI/HO/CFD/POD-2/P/CIR/2023/93.
Key Highlights
- DCW Ltd compensated shareholders of DTCPL and SBPL for fractional share entitlements.
- Compensation was executed as per Clause 13 of the Scheme of Amalgamation.
- Payments to eligible shareholders were completed on May 25, 2026.
- Audit Committee and Independent Directors certified the compensation process.
- The action complies with SEBI Master Circular dated June 20, 2023.
Price Impact
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