DIC India Management Change
DIC India reported two independent directors, Prabal Kumar Sarkar and Pritha Dutt, resigning effective November 5, 2026. The company confirmed no material reasons beyond their letters.
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DIC India reported two independent directors, Prabal Kumar Sarkar and Pritha Dutt, resigning effective November 5, 2026. The company confirmed no material reasons beyond their letters.
DIC India Ltd reported revenue from operations of ₹274 Cr (+22.8% YoY) and net profit of ₹2 Cr (-66.1% YoY) for Q2 FY27.
DIC India's GST demand for FY 2021-22 was reduced on appeal to Rs.1.29 lakh from Rs.4.68 lakh. The company is evaluating the order.
DIC India scheduled a board meeting on November 3, 2026, to approve Q2 FY27 unaudited financial results. Trading window stays closed until 48 hours post-announcement.
DIC India received a tax order revising its AY 2023-24 transfer pricing adjustment to Rs.3.74 Crore. No penalty was imposed, and the company is evaluating an appeal.
CRISIL reaffirmed DIC India's long-term rating at A/Stable and short-term at A1 on ₹100 crore bank facilities. No rating change or outlook revision was made.
DIC India Ltd submitted its quarterly shareholding pattern for the period ended September 30, 2026, as per SEBI listing regulations.
DIC India received DRP directions concerning transfer pricing adjustments for FY 2022-23. The final assessment order from the Assessing Officer is currently awaited.
DIC India shareholders approved the appointment of Mr. Hayato Kashiwagi as Managing Director and Mr. Praveen Kumar Asthana as Whole Time Director via postal ballot.
DIC India concluded the remote e-voting period for its postal ballot regarding director appointments. The company will announce the voting results within the prescribed timeline.
DIC India Limited issued a Postal Ballot Notice seeking shareholder approval for the appointment of Mr. Hayato Kashiwagi as Managing Director and Mr. Praveen Kumar Asthana as Whole-time Director.
DIC India's MD & CEO, Mr. Manish Bhatia, has resigned from his position effective from the close of business hours on August 29, 2026.
DIC India Ltd reported revenue from operations of ₹284 Cr (+25.4% YoY) and net profit of ₹14.3 Cr (+225.0% YoY) for Q1 FY27.
DIC India Limited will hold a Board of Directors meeting on August 12, 2026, to approve the company's unaudited financial results.
DIC India Ltd filed its quarterly shareholding pattern under Regulation 31(1)(b) for the period ending June 30, 2026.
DIC India designated Mr. Hayato Kashiwagi as Managing Director and appointed Mr. Praveen Kumar Asthana as Whole Time Director. Ms. Meghna Saini was designated as CS and Head Legal.
The Additional Commissioner (Appeals) has set aside a ₹0.07 Crore GST demand against DIC India. The final order rules in favour of the company regarding R&D fees.
DIC India Ltd submitted a certificate under SEBI DP Regulation 74(5) confirming dematerialisation of securities for QJune‑2026. The filing is for record‑keeping with exchanges.
Mr. Ashutosh Bishnoi has resigned as Head-Legal and Senior Managerial Personnel. His resignation is effective from June 30, 2026.
DIC India Limited announced the resignation of Managing Director and CEO Mr. Manish Bhatia, effective August 29, 2026. The departure marks a significant leadership transition for investors.
DIC India Limited announced MUFG Intime India Private Limited as its new Registrar and Share Transfer Agent. The change follows a regulatory merger involving previous agent CB Management.
DIC India Ltd reported revenue from operations of ₹240.5 Cr (+14.4% YoY) and net profit of ₹4.2 Cr (+61.5% YoY) for Q4 FY26.
DIC India approved its unaudited financial results for the quarter ended March 31, 2026. The company reported quarterly total revenue from operations of ₹240.62 Crore.
DIC India Limited has scheduled a Board Meeting for May 13, 2026, to consider and approve the unaudited standalone financial results for the quarter ended March 31, 2026. The company also confirmed that its trading window remains closed until May 15, 2026, in compliance with SEBI insider trading regulations.
DIC India Limited has filed an appeal before the Delhi High Court challenging a District Court order dated April 7, 2026. The original legal proceedings involve a commercial suit for recovery filed against Star Plastics. This update follows a previous disclosure made on April 14, 2026.
DIC India Limited provided an update on its commercial recovery suit against Star Plastics. The District Court directed the company to initiate pre-litigation mediation and disposed of the suit. DIC India intends to challenge this order.
DIC India Limited received a tax demand order for Rs. 0.17 Crore from the Karnataka GST authorities for FY 2017-18. The demand involves alleged ITC mismatches and R&D expense recoveries. The company believes the order is unsustainable and is currently reviewing it for further legal action.
DIC India Ltd reported net profit of ₹4.6 Cr (-35.2% YoY) for Q3 FY26.
DIC India Limited received a ₹0.03 Crore GST demand order from the Superintendent of GST, Ambattur Division. The demand includes tax and penalty relating to alleged duplicate E-Way Bill generation between FY 2019-20 and FY 2021-22. The company is currently reviewing the order with consultants to determine its next course of action.