DIC India MD and CEO Manish Bhatia resigns, exit by Aug 29, 2026

Ceo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

DICIND · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹498.50

prior close

₹498.15

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+0.1% vs market

Chemicals & Petrochemicals peers, median of 197sector · industry level-0.2%+0.5% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.5 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+4.0

15m

+3.5

30m

+3.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.2+0.1-0.2+0.5

Next day

-1.5+1.1-2.6+0.1-1.6

-0.7+1.1-1.8-0.5-0.3

+2.3-0.9+3.2-1.8+4.1

+1.9+1.0+0.9-0.8+2.7

+0.5-0.5+1.0-1.7+2.2

-0.0+1.4-1.4-0.6+0.5

15d

+6.7+6.2+0.5+1.3+5.4

+4.3+7.1-2.8+1.8+2.5

+2.4+8.0-5.5+2.4-0.0

+17.8+11.2+6.5+4.6+13.1

UpDownMarket · Nifty Microcap 250Sector · Chemicals & Petrochemicals peers, median of 197Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

DIC India announced that Managing Director and CEO Manish Bhatia has resigned to pursue other career opportunities. His resignation letter is dated June 2, 2026, and the Board accepted it the same day. Bhatia will be relieved from his role at the close of business on August 29, 2026. The Board recorded its appreciation for his leadership and contributions. No material reason was cited in the resignation letter.

Likely market impact

Leadership transition at DIC India with about three months notice. Investors should watch for naming of a successor and any strategic direction change.