DIC India Ltd

Financial results

• Approved unaudited Q2 2026 and H1 2026 results; limited review unmodified.
• Balance Sheet and Cash Flow statements for the six months ended June 30, 2026.

Governance / Audit

• Audit Committee reviewed results; Board took on record August 12, 2026.

Postal ballot

• Revision in postal ballot schedule previously approved on July 15, 2026.

Business operations

• Single-segment operation: Printing Inks (Ind AS-108).

MD appointment

• Hayato Kashiwagi appointed Managing Director (Executive Director), not liable to retire by rotation.
• Term three years from 1 September 2026, subject to members' approval.
• Profile: currently a non-executive director; Regional Business Product Director, DIC Asia Pacific.
• Subject to shareholders' and statutory approvals under the Companies Act, 2013.

WTD appointment

• Praveen Kumar Asthana appointed Additional Director as Whole Time Director (Executive Director).
• Term three years from 15 July 2026; not liable to retire by rotation.
• To be designated Whole Time Director subject to shareholders' approval.
• Occupier of all factories of the company.
• Profile: COO, Senior Managerial Person; 30+ years' experience; IIT Kanpur B.Tech.
• Director in multiple DIC group entities; not debarred.

Company Secretary designation

• Meghna Saini designated Company Secretary, Compliance Officer, and Head Legal.
• Term: as per Company policy.
• Profile: 10+ years in corporate secretarial work; ICSI member.

Postal ballot

• Approval for postal ballot to seek shareholder approval for the above matters.

GST dispute outcome

• Final GST APL-04 order sets aside the ₹6,61,766 demand.
• Original tax demand was ₹6,01,606 with ₹60,160 penalty.
• Order issued by Additional Commissioner (Appeals), Division II, Bareilly.
• Date of receipt by KMPs: July 14, 2026, 01:01 PM.
• The dispute related to non-payment of GST on R&D fees from foreign entities via Debit Notes.
• No impact on company financials or operations.
• FY 2021-22 period applicability noted.
• Disclosure originally communicated on 31 December 2025.
• Annexure indicates no penalties or sanctions arising from the order.
• Final order date: 14 July 2026.

Dematerialisation/Rematerialisation status

• Dematerialisation requests received during quarter ended 30 June 2026 were confirmed to depositories (accepted/rejected).
• Securities dematerialised have been listed on the stock exchanges where earlier issued securities are listed.
• Certificates received for dematerialisation were mutilated and cancelled after verification by the depository participant.
• Name of the depository substituted as registered owner within prescribed timelines.

Deputy CEO Appointment

• Type: Appointment of Ms. Manjusha Singh as Deputy CEO, effective July 04, 2026.
• She will remain a Senior Management Person and carry assigned responsibilities.
• Board approved the appointment on July 04, 2026; committee recommended.
• Brief profile: 25+ years in B2B sales with cross-functional roles.
• Experience in marketing, pricing, strategy; industrial manufacturing and packaging sectors.
• No disclosed relationships with other directors.
• Date of appointment: July 04, 2026; term not specified.

Management change

• Resignation of Ashutosh Bishnoi, Head-Legal, tendered May 6, 2026; accepted; effective June 30, 2026; personal reasons.