DIC India names Hayato Kashiwagi as MD, elevates COO Praveen Asthana as WTD
DICIND · price
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Board on July 15, 2026 approved: (1) Mr. Hayato Kashiwagi, currently a non-executive director from parent DIC Corporation, as Managing Director for 3 years effective September 1, 2026, subject to shareholder approval. (2) Mr. Praveen Kumar Asthana, current COO, as Whole Time Director for 3 years effective July 15, 2026; also named Occupier of all factories. (3) Ms. Meghna Saini redesignated as Company Secretary and Head Legal. Postal ballot planned for shareholder approvals.
Leadership shake-up with the Japanese parent placing its own executive as MD, while the Indian COO gains board seat, signaling deeper parent oversight of operations.