Latest news about DIC India
DIC India
467.50
-10.10(-2.11%)
Company Performance:
View Company Insights1D-2.11%
1M-5.93%
6M-23.91%
1Y-32.09%
5Y+15.59%
More news about DIC India
31Dec 25
Sensex Surges 645 Points, Nifty Above 26,150 on Steel Duty Boost in Final 2025 Rally
Indian equity markets ended 2025 on a strong note with Sensex surging 645 points and Nifty crossing 26,150 levels. The rally was primarily driven by steel stocks after the government imposed a 12% three-year safeguard duty on select steel imports to protect domestic producers from low-cost overseas competition. Declining crude oil prices and positive market breadth with over 2,700 advancing stocks further supported the year-end rally.
30Dec 25
India Inc Commits Massive Capital to Green Energy Transition with ₹2.5 Lakh Crore Investment Plans
Indian corporations are committing substantial capital toward clean energy transition, with major companies announcing investment plans totaling over ₹2.5 lakh crore. A CEEW study projects ₹341 lakh crore in cumulative green investments by 2047, creating 48 million jobs. Tata Power leads with ₹1.25 lakh crore investment for 30 GW capacity, while JSW Energy operates India's largest green hydrogen plant and JSW Steel invests ₹50,000-60,000 crore in green steel manufacturing for European exports under CBAM regulations.
30Dec 25
India Surpasses Japan To Become World's Fourth Largest Economy With $4.18 Trillion GDP
India has surpassed Japan to become the world's fourth-largest economy with a GDP of $4.18 trillion, recording 8.2% growth in Q2 FY26. The government projects India will overtake Germany by 2030 with a target GDP of $7.3 trillion. International agencies including IMF, World Bank, and Moody's have provided optimistic growth forecasts ranging from 6.2% to 7.4% for coming years. Strong domestic fundamentals including controlled inflation, declining unemployment, and robust private consumption support sustained economic momentum.
26Dec 25
India Treats Blue-Collar Labour as Strategic Export Amid Global Worker Shortage
India is strategically positioning its young workforce as an export asset through structured labor mobility agreements with aging advanced economies facing worker shortages. Indian workers abroad sent home a record ₹135 billion in remittances during FY25, exceeding foreign direct investment and covering nearly half the trade deficit. The new migration approach differs from earlier Gulf patterns by offering enhanced worker protections and organized partnerships with countries like Germany and Russia. While this strategy presents significant opportunities for foreign exchange generation and regional development, it requires careful management to avoid political complacency and ensure productive rather than consumption-focused investment.
26Dec 25
DIC India Limited Receives ₹16.97 Lakh GST Demand Order from Gujarat Tax Authorities
DIC India Limited received a GST demand order of ₹16.97 lakh from Gujarat State Tax Officer for alleged excess ITC claims and ineligible refunds during FY 2021-22. The demand includes ₹9.06 lakh in tax, ₹6.90 lakh interest, and ₹1.01 lakh penalty. The company stated no impact on operations and is reviewing the order to determine next steps.
24Dec 25
India Inc Records First Earnings Upgrade in 5 Quarters, Led by Mid and Large-caps
Corporate India has seen a 2% upgrade in FY26 profit estimates, breaking a streak of downgrades over the past five quarters. Mid-cap and large-cap companies are driving this recovery, with 3.1% and 2% PAT revisions respectively, while small-caps continue to face challenges with a -5.5% revision. Oil & gas, telecom, and PSU banks lead sectoral performance, while utilities, automobiles, and healthcare underperform. Motilal Oswal projects sustained earnings growth for Nifty 50 and their coverage universe, maintaining a positive outlook on equities despite softer GDP expectations.
23Dec 25
India Targets $2 Trillion Export Goal by 2030
Commerce Secretary Rajesh Agrawal has announced India's ambitious plan to achieve $2 trillion in exports by 2030. This target represents a significant commitment to expanding India's global trade presence and aligns with the country's broader economic objectives. The goal reflects confidence in India's manufacturing capabilities and export potential across various sectors, signaling a strategic approach to trade promotion and export facilitation measures.
10Dec 25
DIC India Appoints Avijit Mukerji as Independent Director, Plans Postal Ballot
DIC India Limited's Board of Directors approved the appointment of Avijit Mukerji as Additional Independent Director during their December 10, 2025 meeting. The appointment, based on Nomination Remuneration Committee recommendations, is subject to shareholder approval through postal ballot. Mukerji, a Chartered Accountant and former PwC Partner, currently serves as Managing Partner at Tatva Sutra Solutions LLP and holds board positions across multiple sectors including banking and media.
29Nov 25
DIC India Seeks Enforcement of ₹2.09 Crore Arbitration Award Against Agam Agochars
DIC India Limited has filed an enforcement petition in the Jaipur District Commercial Court to enforce an arbitration award against Agam Agochars Private Limited. The award includes ₹2.08 crore in outstanding dues and ₹1.27 crore in interest, totaling ₹3.36 crore. The petition also seeks future interest at 6% per annum on the principal amount. This legal action demonstrates DIC India's commitment to recovering dues and could positively impact its financial position if successful.
14Oct 25
DIC India Limited Appoints Navapol Chuensiri as Non-Executive Non-Independent Director
DIC India Limited has appointed Mr. Navapol Chuensiri as a Non-Executive Non-Independent Director, effective August 13, 2025, following postal ballot approval. Chuensiri, currently Deputy Regional Managing Director of DIC Asia Pacific Pte Ltd, brings 30 years of leadership experience from various global companies. He holds degrees in Mechanical Engineering and Organizational Communication. Simultaneously, CRISIL reaffirmed DIC India's credit ratings: CRISIL A/Stable for long-term and CRISIL A1 for short-term, with total bank loan facilities increased to INR 100.00 crore.
13Sept 25
DIC India Limited Faces Rs. 5.55 Crore GST Demand Notice
DIC India, a printing inks manufacturer, has received a show cause notice from West Bengal GST authorities demanding Rs. 5.55 crore for alleged tax discrepancies in FY 2021-22. The notice, issued on September 12, 2025, includes Rs. 3.44 crore in GST and Rs. 2.11 crore in interest. Allegations include excess Input Tax Credit (ITC) availment and mismatches in ITC claims. DIC India states there's no material impact on its operations and plans to respond within the given timeframe.
09Sept 25
DIC India Seeks Shareholder Approval for Navapol Chuensiri's Board Appointment
DIC India Limited has initiated a postal ballot for shareholder approval to appoint Navapol Chuensiri as a Non-Executive Non-Independent Director. Chuensiri, currently Deputy Regional Managing Director of DIC Asia Pacific Pte Ltd, brings 30 years of global leadership experience. The e-voting period is set from September 15 to October 14, 2025, with results to be declared by October 15. His appointment is seen as strategic for DIC India's growth in the Asia Pacific region.
21Aug 25
DIC India's ₹2.09 Crore Arbitration Award Challenge Proceeds to Delhi High Court
DIC India's ₹2.09 crore arbitration award faces legal challenge in Delhi High Court as Agam Agochars filed petition OMP(COMM) No. 539 of 2025 under Section 34 of Arbitration Act. Court issued notice to DIC India on December 17, 2025, with next hearing scheduled for December 22, 2025, where the company will file its reply to the challenge petition.
25Jul 25
DIC India Faces High Court Appeal by Income Tax Department Over INR 2.96 Crore Tax Dispute
The Income Tax Department has filed an appeal against DIC India Limited in the Kolkata High Court, challenging a previous favorable ruling by the Income Tax Appellate Tribunal. The dispute involves royalty expenses and transfer pricing adjustments for the 2014-15 assessment year, with a contested tax amount of INR 2.96 crores. DIC India plans to file a reply once the High Court admits the appeal. The company has notified stock exchanges of this development in compliance with SEBI regulations.
08May 25
DIC India Reports Mixed Q4 Results: Profit Dips, Revenue Rises
DIC India, a leading printing ink manufacturer, released its Q4 financial results. Revenue increased by 5.53% year-over-year to ₹210.00 crore. However, net profit declined significantly, falling 38.10% year-over-year to ₹26.00 crore and 63.89% quarter-over-quarter from ₹72.00 crore. The company's performance indicates growth in sales but challenges in maintaining profitability.
06Mar 25
DIC India Faces Legal Metrology Inspection, Cleared of Violations
DIC India Limited underwent a search operation by the Legal Metrology Office on March 5, 2025. One product was initially seized for alleged violations. However, within 24 hours, on March 6, 2025, the company received clearance, with the inspector's report confirming compliance with the Legal Metrology Packaged Commodities Rule, 2011. DIC India promptly disclosed this information, stating no violations were committed and no financial settlement was required.
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