DIC India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) in relation to Star Plastics
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DIC India Limited has disclosed that the Company has filed an appeal before the Hon'ble Delhi High Court challenging an order dated 07.04.2026 passed by the District Court, New Delhi. The original order was in a commercial suit for recovery filed against Star Plastics. The appeal was filed following a disclosure made by the Company on 14.04.2026 regarding this matter. The Company has not specified the quantum of claims or financial implications in this filing.
The company is contesting an adverse court order through appeal, indicating a potential financial liability from the original recovery suit remains uncertain until the appellate court decision.