DIC India Limited has informed the Exchange regarding Appointment of Mr Avijit Mukerji as Independent Director of the company w.e.f. December 10, 2025.
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DIC India Limited has confirmed the appointment of Mr. Avijit Mukerji as an Independent Director of the company, effective December 10, 2025, for a term of 3 years. He was initially appointed as an additional director and has now been formally appointed following approval by shareholders through a special resolution passed via postal ballot. Mr. Mukerji is a Chartered Accountant (FCA), a former Partner at Price Waterhouse, and has held senior leadership roles at PwC India. He currently serves on the boards of Bandhan Bank, Balaji Telefilms, India Carbon, and Bandhan Financial Holdings, and is the Managing Partner at Tatva Sutra Solutions LLP. He is not related to any existing director and is not debarred by SEBI or any other authority from holding a directorship.
This is a routine governance update adding a financially experienced independent director to the board, which is generally viewed as a positive for corporate oversight. No direct material impact on stock price or shareholder value is expected.