DIC India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

DICIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+3.3%1-day move

₹527.30

prior close

₹559.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-7.5-5.5-5.5-5.5+3.3+3.5+4.1+2.4+3.7+4.3+5.1-2.9-2.4-3.7

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AI summary

DIC India Limited had filed a commercial recovery suit against Star Plastics in the District Court, New Delhi. The court, in its order dated April 7, 2026, directed the company to first attempt pre-litigation mediation under Section 12A of the Commercial Courts Act, 2015, before the suit can be taken up. The court disposed of the suit with this direction rather than hearing it on merits. DIC India has stated it intends to challenge this order. No specific financial impact or claim amount has been disclosed by the company.

Likely market impact

This is a procedural setback for DIC India's recovery effort against Star Plastics, as the suit has been put on hold pending mediation. Shareholders should note that the case has not been decided on its merits yet, and the company plans to contest the order, so the financial outcome remains uncertain.