DCW Limited has announced the approval of the continuation of Mr. Bakul Premchand Jain as Chairman & Managing Director of the company, following a meeting held on April 24, 2025. The approval is part of the company’s ongoing commitment to leadership continuity, and Mr. Jain will continue to serve in this capacity until July 26, 2026, subject to the approval of the company's shareholders.

The Board of Directors discussed the matter during their meeting on Thursday, which began at 10:30 AM IST and concluded at 12:05 PM IST. In line with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the resolution aims to extend the term of Mr. Jain, even though he has reached the age of 70 years. This decision reflects the Board’s confidence in his leadership and continued contribution to the company's success.

The continuation of Mr. Jain as Chairman & Managing Director is an important milestone for DCW Limited, reflecting the company's desire to maintain stability at the helm of its leadership. The company has committed to putting this decision before its shareholders for approval, as per the necessary corporate governance protocols.

Key Highlights:

• Approval for Extension: Mr. Bakul Premchand Jain's tenure as Chairman & Managing Director will continue until July 26, 2026, subject to shareholder approval.

• Board Meeting: The Board meeting was held on April 24, 2025, with the decision taken during the session.

• Compliance with SEBI Regulations: The decision adheres to Regulation 30 of the SEBI Listing Regulations, ensuring transparency and compliance with corporate governance norms.

This strategic decision ensures that DCW Limited remains on track with its corporate goals and allows the company to continue benefiting from Mr. Jain's leadership expertise. The shareholder approval process will take place in accordance with the company’s procedures, and further updates will be shared as needed.

About DCW Limited:

DCW Limited is a leading manufacturer of chemicals and industrial products, established in 1939. The company operates in diverse industries, including chemicals, textiles, and mining. With its commitment to quality and innovation, DCW Limited is recognized as a pioneer in the industrial sector in India. The company's head office is located in Mumbai, and it has manufacturing facilities in Gujarat.

About Mr. Bakul Premchand Jain:

Mr. Bakul Premchand Jain has been associated with DCW Limited for several decades and has played an instrumental role in the company’s growth and strategic direction. His leadership is highly regarded in the industry, and he has been pivotal in shaping the company’s operations, contributing to its reputation as a leading player in its sector.

Safe Harbor:

Certain statements in this release regarding future performance, leadership decisions, and financial outlook are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These are subject to risks and uncertainties that could cause actual results to differ from those projected.

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