DCW Limited Receives Trading Approvals for Shares Issued Under Scheme of Amalgamation
DCW Limited announced the receipt of trading approvals for 5,37,40,360 equity shares issued as part of a Scheme of Amalgamation involving Dhrangadhara Trading Company Private Limited, Sahu Brothers Private Limited, and DCW Limited.The shares were issued pursuant to a Scheme of Amalgamation executed under Sections 230-232 read with Section 66 of the Companies Act, 2013. This development follows earlier disclosures made by the company on January 23, 2026, January 30, 2026, and February 19, 2026, concerning the approval of the Scheme by the National Company Law Tribunal, Ahmedabad Bench, and the subsequent allotment of equity shares.
The company confirmed receiving listing approvals from the Stock Exchanges on March 24, 2026, for the 5,37,40,360 equity shares, which have a face value of ₹2/- each. Further, DCW Limited stated it received the trading approvals from both BSE Limited and National Stock Exchange of India Limited on April 10, 2026, for these same 5,37,40,360 equity shares.
The shares are scheduled to be listed and admitted to trading on the Stock Exchanges effective April 13, 2026. These newly issued equity shares will rank pari-passu with the existing equity shares of the Company.
The core transaction details are summarized below:
| Detail | Figure |
|---|---|
| Total Equity Shares Issued | 5,37,40,360 |
| Face Value Per Share | ₹2/- |
| Listing Approval Date | March 24, 2026 |
| Trading Approval Date | April 10, 2026 |
| Expected Listing Date | April 13, 2026 |
DCW Stock Price Movement
Today, DCW Limited shares rallied, finishing at ₹44.51, up 4.74% in after-hours trading. The stock saw notable investor activity today, supported by a total traded volume of 1.96 million shares.Source:
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