Announced Sat, 29 Aug · 19:18 IST
DIC India MD and CEO Manish Bhatia ceases office effective Aug 29, 2026
DICIND · price
▲ 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
-8.2%1-day move
₹605.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-8.2-5.6-3.0+2.4+2.9+1.7————
Up moveDown movePending
AI summary
DIC India Limited announced that Mr. Manish Bhatia has ceased to hold office as Director, Managing Director and CEO effective close of business hours on August 29, 2026. This follows his resignation letter dated June 2, 2026, which was accepted by the Board the same day. He will continue till August 29, 2026 for a smooth transition. In his letter, Bhatia mentioned leading the company through its revival and growth phase. No replacement has been announced yet.
Likely market impact
Leadership change at the top. Shareholders should watch for announcement of a new MD and CEO; near-term uncertainty in strategic direction.