DIC India Limited has informed the Exchange about change in Management
DICIND · price
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On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.5 pts more than its Chemicals & Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mr. Paul Koek (DIN: 00081930) has resigned as a Non-Executive Non-Independent Director of DIC India Limited with effect from January 1, 2026. The reason cited is his retirement from DIC Asia Pacific Pte Ltd, the parent company of DIC India Limited. He was a member of the Audit Committee, Nomination & Remuneration Committee, Stakeholder Relationship Committee, and CSR Committee of the company. The resignation has been disclosed under SEBI Listing Regulations, and his resignation letter is attached to the filing.
This is a routine board change linked to the parent's internal restructuring and is unlikely to materially affect the company's operations or shareholder value. Investors should watch for the appointment of a replacement director in due course.