DCW Ltd. — Capital/Financing Update 2019

Jun 25, 2019

To,

June 2501, 2019

*

Department of Corporate Services, Exchange Plaza Bldg. 1" floor, New Trading Ring 5*" Floor, Plot No,C-1 Rotunda Building, 'G' Block, Neat Wockhardt, Phiroze Jeeieebhoy Towers, Bandra Kurla Complex Dalal Street, Mumbai 400 051. Mumbai — 400 001, Fax:2f:598237/ 38 ^l Fax : 22723121/3719/2037/ ²⁰³⁹ Scrip Code : DCW Scrip Code :500117

1. The Mumbai Stock Exchange 2. National Stock Exchange of Lndia Ltd,

a

Dear Sirs,

Sub.: Intimation under Regulation ²⁹ of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015

Pursuant to the approval of the shareholders received in the Extra Ordinary General Meeting of the Company held on April 25, ²⁰¹⁹ for issue of Equity Share/ Warrants on Preferential Basis to the Promoters, Promoter Group, Business Associates and investors, the Company had submitted an application for in-principal approval for aforesaid preferential allotment with the Stock Exchanges.

However, due to administrative issues, the application for in-principal approval was not filed within time limit as prescribed under Securities and Exchange Board of lndia (Issue of Capital and Disclosure Requirements) Regulations, ²⁰¹⁸ ("ICDR") read with guidelines issues by the Stock Exchanges thereunder. hence the Board of Directors of the Company has decided to re-consider the aforesaid proposal in terms of regulation of ICDR.

Accordingly, this is to inform you that the Meeting of the Board of Directors of the Company will be held at the Head Officeof the Company at "NIRMAL", 3rd Floor, Nariman Point, Mumbai - ⁴⁰⁰⁰²¹ on Friday, 28L11 June, ²⁰¹⁹ at 11.00 a.m. inter alia to consider the following business:

1. Issue of Eq'uity Shares/Warrants on preferential basis to the Promoters, Promoter Group, Business Associates and Investors for an aggregate amount upto Rs ⁸⁰ crores

We request you to kindly take the above on recordand acknowledge the receipt of the same.

Thanking You, Yours faithfully,

For DCW

M arji Genet Manager (Legal) &Company Secretary Membership No. ACS-22527