DIC India Limited has issued a postal ballot notice seeking shareholder approval for a key board appointment through remote e-voting. The company announced the proposal on January 12, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Proposed Director Appointment

The postal ballot seeks member approval for appointing Mr. Avijit Mukerji (DIN: 03534116) as an Independent Director of the company. The Board of Directors had initially appointed him as an Additional Director in the Independent Director category on December 10, 2025, subject to shareholder approval.

Professional Background and Qualifications

Mr. Avijit Mukerji brings extensive experience to the board as a Chartered Accountant (FCA) with a distinguished career in finance and leadership. He previously served as a Partner at Price Waterhouse and held several senior leadership positions at PwC India, including roles on the India Board and Leadership Team.

Currently, he serves as Managing Partner at TatvaSutra Solutions LLP, specializing in equity research, advisory, and investment. His academic achievements include securing national ranks in both Intermediate (AIR 12) and Final (AIR 21) examinations of the Institute of Chartered Accountants of India.

Current Board Positions

Mr. Mukerji holds directorships in several prominent listed entities:

• Bandhan Bank Limited
• Balaji Telefilms Limited
• India Carbon Limited
• Bandhan Financial Holdings Limited

He also serves as Member Board of Governors of Welham Girl's School, Dehradun, and holds the position of Vice President at The Bengal Club, Kolkata.

E-Voting Process and Timeline

The company has engaged National Securities Depository Limited (NSDL) to provide e-voting facilities for all members. The voting will be conducted exclusively through remote e-voting, with no physical postal ballot forms being distributed.

Karan Arora & Associates, through proprietor Mr. Karan Arora (ICSI Membership number 41391), has been appointed as the scrutinizer to conduct the postal ballot process in a fair and transparent manner.

Regulatory Compliance

The appointment follows the provisions of Sections 149, 150, 152, and 161 of the Companies Act, 2013, along with applicable SEBI regulations. Mr. Mukerji has provided the necessary declarations confirming his independence and eligibility for the position. He is not debarred from holding directorship by any regulatory authority and complies with the Independent Directors databank requirements.

The Nomination & Remuneration Committee recommended his candidature based on required skill sets, and the Board believes his experience in finance and leadership will provide valuable strategic insights to the company.

India's corporate sector enters 2026 with unprecedented momentum across technology, finance, startups, and major conglomerates. The convergence of transformative developments from 2025 sets the stage for what analysts view as a potential inflection point for multiple industries. Five key trends are positioned to reshape the corporate landscape throughout the year.

Technology Sector Drives AI Transformation

The technology industry demonstrates robust growth momentum entering 2026, with December 2025 marking a significant milestone in AI-driven business expansion. Major IT services companies secured substantial contracts that signal the sector's strategic pivot toward artificial intelligence solutions.

This dealmaking surge represents more than contract wins—it indicates a fundamental shift in how technology companies approach service delivery and client engagement. The momentum is expected to accelerate throughout 2026, potentially disrupting traditional IT service models across the industry.

Financial Services Unlock Foreign Investment

The Reserve Bank of India's policy shift regarding foreign strategic investors marks a watershed moment for the financial services sector. For the first time, the central bank has signaled comfort with increased foreign participation, opening new channels for FDI flows into banking, insurance, and fintech segments.

This regulatory evolution creates opportunities for firms to access growth capital and potentially reshape competitive dynamics within one of India's fastest-expanding sectors. Companies benefiting from this foreign investment influx are likely to strengthen their market positions and attract additional global investor interest.

Startup IPO Pipeline Expands Significantly

India's startup ecosystem built substantial momentum in 2025, raising $22.00 billion through initial public offerings. The 2026 pipeline features several high-profile technology companies preparing for market debuts.

Major Planned Listings

• Flipkart: E-commerce platform expansion
• PhonePe: Digital payments leader
• Zepto: Quick commerce specialist
• Ola: Mobility and electric vehicle focus

The most anticipated offering comes from Reliance Jio, which is preparing for what would be the first major IPO from the Reliance Industries stable in two decades. This listing represents a significant milestone for both the telecommunications sector and India's capital markets.

Tata Group Strategic Restructuring

The Tata Group enters 2026 following major governance developments that provide structural clarity across its diverse business portfolio. Government intervention successfully resolved the long-standing Tata Trusts dispute, removing a key uncertainty that had affected group operations.

N. Chandrasekaran's term extension as Chairman of Tata Sons is expected to be addressed by the board, representing a crucial governance decision for the conglomerate's future direction.

US-India Trade Relations Impact

Tariff tensions between the United States and India that emerged in early 2025 continue to create uncertainty for export-oriented companies across manufacturing, services, and technology sectors. The standoff affects multiple industries that depend on US market access for revenue growth.

Companies spanning diverse sectors await clarity on trade relations, as any resolution could materially improve financial performance for Indian exporters. The technology services sector, in particular, maintains significant exposure to US clients and could benefit substantially from improved trade conditions.

The convergence of these five trends—technology transformation, financial sector liberalization, startup market maturation, conglomerate restructuring, and trade relationship evolution—positions 2026 as a defining year for corporate India's growth trajectory.