DIC India: Update on resignation of Independent Directors of the Company
DIC India (DICIND) filed a disclosure titled "Update on resignation of Independent Directors of the Company". The company is valued at about ₹442 crore.
What happened
DIC India (DICIND) filed a disclosure with the exchanges on 6 November 2026 at 02:31 PM titled "Update on resignation of Independent Directors of the Company".
Company snapshot
DIC India is a micro-cap company, with a market value of about ₹442 crore.
The stock last traded at ₹481.5, against a 52-week range of ₹450.5–₹675 (28.7% below the high).
Before this filing the shares had moved −19.2% over the month and −6.2% over three months. Average daily turnover over the last 20 sessions was about ₹0.16 crore.
Promoters held 71.75% at the end of Q2 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 223 | 5.9 | 6.4 |
| Q3 FY26 | 232 | 4.6 | 4.96 |
| Q4 FY26 | 241 | 4.2 | 4.62 |
| Q1 FY27 | 284 | 14.3 | 15.54 |
| Q2 FY27 | 274 | 2 | 2.17 |
What history shows
This is not the company's first management change disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 3.7% on average the next trading day and was up 0.7% on average after five days (8 filings with price data).
Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 29 Aug 2026 | Management change | −8.6% | +3.3% |
| 29 Aug 2026 | Management change | −8.6% | +3.3% |
| 29 Aug 2026 | Management change | −8.6% | +3.3% |
| 15 Jul 2026 | Management change | −2.0% | +0.9% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- DIC India Outlines Narrow-web Ink Strategy At LOUPE India 2026 - THE PACKMAN
- DIC India adds Sirohi and Kapoor as independent directors
- DIC India bolsters board with Tony Sirohi, Shalini Kapoor
- DIC India appellate authority cuts GST demand to ₹1.28 lakh
- DIC India Q2 Results FY27: PAT Falls 66.10% to Rs 1.99 Cr, Revenue Rs 274.02 Cr
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.