DIC India Limited has announced key changes in its senior management team, with the resignation of its Head of Sales and Marketing and the appointment of a new executive to fill the position, both effective February 02, 2026.

Leadership Transition Details

The company has informed stock exchanges that Mr. Kuldeep Sharma, who served as Head of Sales and Marketing, has resigned from his position as Senior Managerial Person effective February 02, 2026. His resignation stems from personal health reasons, as indicated in his resignation letter where he mentioned the need to focus on his health based on medical advice.

New Appointment

Simultaneously, the company has appointed Ms. Manjusha Singh as the new Head of Sales & Marketing, effective February 02, 2026. Her appointment as Senior Managerial Person received approval from the Nomination & Remuneration Committee and Board on the same date.

Professional Background of Ms. Manjusha Singh

Ms. Singh brings extensive experience to her new role:

• Experience: 25+ years in B2B sales
• Sector Expertise: Industrial manufacturing and packaging sectors
• Functional Areas: Marketing, Pricing, and Strategy roles
• Geographic Scope: Regional and global capacities
• Key Strengths: Revenue growth management, multinational account handling, profit centre leadership, and business transformation projects

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all required disclosures to BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Ltd.

Transition Management

Mr. Sharma's resignation letter, dated December 07, 2025, expressed his commitment to ensuring a smooth transition during his notice period. He indicated his willingness to provide business support and advice as needed during the handover period. The outgoing executive also acknowledged the professional fulfillment he experienced during his tenure at DIC India Limited.

The seamless transition with Ms. Singh's immediate appointment ensures continuity in the company's sales and marketing operations without any gap in leadership.

India is advancing its strategic mineral processing capabilities as the government finalizes incentive packages for lithium and nickel processing facilities, according to Reuters.

Strategic Mineral Processing Initiative

The government's move to establish incentives for lithium and nickel processing plants represents a significant step toward building domestic capabilities in critical mineral processing. These materials are essential components in various high-tech applications, including battery manufacturing, electric vehicle production, and renewable energy systems.

Policy Development Progress

The finalization of these incentives indicates that India is moving closer to implementing concrete measures to support domestic mineral processing infrastructure. The initiative reflects the government's commitment to reducing reliance on imports for strategic materials and building a more self-sufficient supply chain.

Industry Implications

The establishment of processing facilities for lithium and nickel could have far-reaching implications for multiple sectors. These minerals are crucial inputs for battery technology, which is experiencing growing demand due to the global transition toward electric mobility and renewable energy storage solutions.

Economic Significance

By developing domestic processing capabilities, India aims to capture more value from the mineral supply chain while potentially reducing costs associated with importing processed materials. This approach could strengthen the country's position in emerging technology sectors that rely heavily on these critical minerals.