DIC India Limited Notifies Change in Registrar and Share Transfer Agent Following Merger of CB Management Services into MUFG Intime India

DIC India Limited has notified the stock exchanges of a change in its Registrar and Share Transfer Agent (RTA), following the amalgamation of CB Management Services Private Limited into MUFG Intime India Private Limited. The intimation was received by the company on May 14, 2026 at 10:59 am, along with a copy of the SEBI registration certificate of MUFG Intime India and a copy of the newspaper publication issued by CB Management on May 14, 2026, regarding the voluntary surrender of its Category I registration with SEBI.

RTA Change: Key Details

The amalgamation was sanctioned pursuant to an order passed by the Regional Director (Western Region), Ministry of Corporate Affairs, Mumbai. As a result of the merger becoming effective, MUFG Intime India Private Limited will act as the RTA of DIC India Limited in place of CB Management Services Private Limited. The disclosure was made under Regulation 7 & 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The following table summarises the key regulatory disclosures made under Regulation 30 of the SEBI (LODR) Regulations, 2015:

Parameter:	Details
Reason for Change:	Amalgamation of CB Management Services Private Limited with MUFG Intime India Private Limited
Effective Date:	May 08, 2026
Sanctioning Authority:	Regional Director (Western Region), Ministry of Corporate Affairs, Mumbai
New RTA:	MUFG Intime India Private Limited
Outgoing RTA:	CB Management Services Private Limited

New RTA Contact Details

Following the merger, shareholders and investors may contact the new RTA using the details provided below:

Detail:	Information
Name:	MUFG Intime India Private Limited
Address:	Rasoi Court, 5th Floor, 20 R. N. Mukherjee Road, Kolkata – 700001
Telephone:	+91 033 6906 6200
Email:	investor.helpdesk@in.mpms.mufg.com
Website:	www.in.mpms.mufg.com

MUFG Intime India Private Limited has been described as a leading provider of registrar and share transfer related services. The company's filing was signed by Meghna Saini, Company Secretary & Compliance Officer (Membership No.: A-42587), on May 14, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.72%	-4.25%	-2.95%	-1.98%	-20.95%	+30.65%

DIC India Limited has reported its unaudited financial results for the quarter ended March 31, 2026, reflecting a notable improvement in profitability on a year-on-year basis. The Board of Directors approved the results at its meeting held on May 13, 2026, with the statutory auditors, Price Waterhouse Chartered Accountants LLP, issuing an unmodified limited review opinion on the Statement of Unaudited Financial Results.

Revenue and Profitability Performance

For the quarter ended March 31, 2026, DIC India recorded total revenue from operations of Rs. 24,052.25 lakhs, compared to Rs. 21,020.81 lakhs in the corresponding quarter of the previous year, and Rs. 23,193.07 lakhs in the preceding quarter ended December 31, 2025. Revenue from the sale of goods for the quarter stood at Rs. 23,976.17 lakhs, while other operating income contributed Rs. 76.08 lakhs. Total income, including other income of Rs. 200.04 lakhs, came in at Rs. 24,252.29 lakhs for the quarter.

The following table presents a comparative summary of key financial metrics across periods:

Metric:	Q4 FY26 (Mar 31, 2026)	Q3 FY26 (Dec 31, 2025)	Corresponding Quarter (Unaudited)	Year Ended (Dec 31, 2025)
Revenue from Sale of Goods (Rs. lakhs):	23,976.17	23,108.35	20,925.54	88,837.22
Other Operating Income (Rs. lakhs):	76.08	84.72	95.27	341.63
Total Revenue from Operations (Rs. lakhs):	24,052.25	23,193.07	21,020.81	89,178.85
Other Income (Rs. lakhs):	200.04	213.51	143.07	607.53
Total Income (Rs. lakhs):	24,252.29	23,406.58	21,163.88	89,786.38
Total Expenses (Rs. lakhs):	23,673.81	22,550.18	20,811.73	87,185.27
Profit Before Exceptional Item and Tax (Rs. lakhs):	578.48	856.40	352.15	2,601.11
Profit Before Tax (Rs. lakhs):	578.48	619.95	352.15	2,364.66
Total Tax Expense (Rs. lakhs):	154.83	164.31	93.39	627.00
Net Profit (Rs. lakhs):	423.65	455.64	258.76	1,737.66
Total Comprehensive Income (Rs. lakhs):	415.94	470.67	243.47	1,706.80
Basic and Diluted EPS (Rs.):	4.62	4.96	2.82	18.93

Expense Breakdown for Q4 FY26

Total expenses for the quarter ended March 31, 2026 amounted to Rs. 23,673.81 lakhs. The key components of expenses during the quarter were as follows:

Expense Head:	Amount (Rs. lakhs)
Cost of materials consumed:	16,477.27
Purchase of stock-in-trade:	2,054.75
Changes in inventories of finished goods, stock-in-trade and work-in-progress:	(511.86)
Employee benefits expense:	1,960.10
Finance costs:	34.19
Depreciation and amortisation expense:	454.30
Other expenses:	3,205.06

Exceptional Item and Tax

No exceptional item was recorded during the quarter ended March 31, 2026. In contrast, the preceding quarter ended December 31, 2025 had an exceptional expense of Rs. 236.45 lakhs related to new labour codes. This arose from an incremental provision towards past service cost on gratuity payable to employees, following the Government of India's notification of four labour codes on November 21, 2025, consolidating 29 existing labour codes. The company recognised this amount consistent with guidance from the Institute of Chartered Accountants of India and disclosed it as an exceptional item during the quarter ended December 31, 2025.

Total tax expense for Q4 FY26 stood at Rs. 154.83 lakhs, comprising a current tax expense of Rs. 106.13 lakhs and a deferred tax charge of Rs. 48.70 lakhs. Net profit for the quarter was Rs. 423.65 lakhs, compared to Rs. 258.76 lakhs in the corresponding quarter of the previous year.

Other Comprehensive Income and Equity

Other comprehensive income for the quarter ended March 31, 2026 was Rs. (7.71) lakhs, reflecting a re-measurement loss of Rs. (10.31) lakhs on post-employment benefit obligations, partially offset by an income tax credit of Rs. 2.60 lakhs. Total comprehensive income for the quarter stood at Rs. 415.94 lakhs. Paid-up equity share capital remained unchanged at Rs. 917.90 lakhs (face value of Rs. 10 each), and other equity as at December 31, 2025 was Rs. 41,946.90 lakhs. Basic and diluted earnings per share for the quarter was Rs. 4.62, compared to Rs. 2.82 in the corresponding quarter of the previous year.

Operational and Compliance Notes

DIC India's operations are predominantly in the manufacture of Printing Inks, which the management considers as a single operating segment under Ind AS-108. The financial results have been prepared in conformity with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on May 13, 2026.