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DIC India Declares Rs 3 Dividend, Reappoints Director, and Approves FY25 Audited Results
DIC India's board met on February 24, 2026, to approve the audited financial results for the year ended December 31, 2025, which received a clean, unmodified audit opinion from Price Waterhouse. The board recommended a final dividend of Rs 3 per equity share, representing a 30% payout on the face value of Rs 10. Additionally, the company proposed the reappointment of Mr. Adnan Wajhat Ahmad as an Independent Director for a second three-year term starting April 2026. The 78th Annual General Meeting is scheduled for March 23, 2026, to seek shareholder approval for these items.
Key Highlights
Recommended a final dividend of Rs 3 per equity share for the financial year ended December 31, 2025.
Set March 16, 2026, as the record date to determine shareholder eligibility for the dividend.
Statutory auditors Price Waterhouse Chartered Accountants LLP issued an unmodified audit report for FY25.
Proposed reappointment of Mr. Adnan Wajhat Ahmad as an Independent Director for a 3-year term.
Appointed M/s. Chandra Wadhwa & Co. as the Cost Auditor subject to shareholder approval.
💼 Action for Investors
Investors should note the record date of March 16 for the Rs 3 dividend and the clean audit report, which signals financial transparency. The reappointment of an experienced director provides continuity in corporate governance.
DIC India Declares ₹3 Dividend and Reappoints Adnan Wajhat Ahmad as Independent Director
DIC India Limited has recommended a final dividend of ₹3 per equity share for the financial year ended December 31, 2025. The company has fixed March 16, 2026, as the record date to determine shareholder eligibility for this payout. Additionally, the board has approved the reappointment of Mr. Adnan Wajhat Ahmad as an Independent Director for a second three-year term starting April 1, 2026. The statutory auditors have issued an unmodified opinion on the company's audited financial statements for the year.
Key Highlights
Recommended a final dividend of ₹3 per equity share of ₹10 face value for FY2025
Fixed March 16, 2026, as the record date for dividend entitlement
Reappointed Mr. Adnan Wajhat Ahmad as Independent Director for a 3-year term effective April 1, 2026
Scheduled the 78th Annual General Meeting (AGM) for March 23, 2026
Statutory auditors Price Waterhouse Chartered Accountants LLP issued an unmodified audit report
💼 Action for Investors
Investors should track the record date of March 16, 2026, to be eligible for the ₹3 dividend. The reappointment of an experienced director and a clean audit report signal stability and good corporate governance.
DIC India Sets March 16, 2026, as Record Date for Final Dividend and 78th AGM
DIC India Limited has announced March 16, 2026, as the record date to determine shareholder eligibility for the final dividend for the financial year ended December 31, 2025. The company's 78th Annual General Meeting (AGM) is scheduled for March 23, 2026, where the dividend will be put forward for shareholder approval. The register of members and share transfer books will remain closed from March 17 to March 23, 2026. Eligible shareholders will receive the dividend payment within statutory timelines following AGM approval.
Key Highlights
Record date for final dividend entitlement is fixed as March 16, 2026
The 78th Annual General Meeting (AGM) is scheduled for March 23, 2026
Dividend pertains to the financial year ended December 31, 2025
Book closure period set from March 17, 2026, to March 23, 2026
Dividend payment is subject to shareholder approval at the upcoming AGM
💼 Action for Investors
Investors seeking to qualify for the dividend should ensure they hold the stock before the ex-dividend date. Monitor the AGM proceedings on March 23 for the final confirmation of the dividend amount and payout timelines.
DIC India Recommends Final Dividend of Rs. 3 Per Share for FY2025
DIC India Limited has recommended a final dividend of Rs. 3 per equity share for the financial year ended December 31, 2025. The company has fixed March 16, 2026, as the record date to determine shareholder eligibility for the payout. This recommendation follows the approval of audited financial results for the year, which received an unmodified opinion from statutory auditors. The dividend is subject to final approval by shareholders at the 78th Annual General Meeting scheduled for March 23, 2026.
Key Highlights
Recommended final dividend of Rs. 3 per equity share with a nominal value of Rs. 10 each.
Record date for dividend entitlement is set for Monday, March 16, 2026.
78th Annual General Meeting (AGM) to be held on March 23, 2026, via video conferencing.
Statutory auditors Price Waterhouse Chartered Accountants LLP issued an unmodified audit report for FY2025.
Proposed reappointment of Mr. Adnan Wajhat Ahmad as Independent Director for a second 3-year term.
💼 Action for Investors
Investors seeking the dividend should ensure they hold shares before the record date of March 16, 2026. The unmodified audit opinion and steady dividend payout reflect stable corporate governance and financial health.
DIC India Recommends Rs 3 Final Dividend; Approves FY25 Audited Financial Results
DIC India's Board has recommended a final dividend of Rs 3 per share for the financial year ended December 31, 2025. The company has fixed March 16, 2026, as the record date for dividend eligibility, subject to shareholder approval at the upcoming AGM on March 23, 2026. The Board also approved the audited financial results for the year, which received an unmodified opinion from statutory auditors Price Waterhouse Chartered Accountants LLP. Furthermore, the company has proposed the reappointment of Mr. Adnan Wajhat Ahmad as an Independent Director for a second three-year term.
Key Highlights
Recommended a final dividend of Rs 3 per equity share of Rs 10 face value
Fixed March 16, 2026, as the record date for dividend entitlement
Statutory auditors issued an unmodified audit report for the FY ended Dec 31, 2025
Proposed reappointment of Mr. Adnan Wajhat Ahmad as Independent Director for a 3-year term
78th Annual General Meeting scheduled for March 23, 2026
💼 Action for Investors
Investors seeking dividend income should ensure they hold shares before the record date of March 16, 2026. The unmodified audit report provides assurance regarding the company's financial disclosures.
DIC India Receives Delhi High Court Notice Over Arbitration Award Challenge
DIC India Limited is facing a legal challenge from Agam Agochars Private Limited regarding an Interim Award dated August 20, 2025. Agam has filed a petition in the Delhi High Court under Section 34 of the Arbitration and Conciliation Act to set aside the award. The High Court issued a notice to DIC India on December 17, 2025, and has granted time for the company to file its response. The next hearing is scheduled for December 22, 2025, which will determine the immediate direction of this litigation.
Key Highlights
Agam Agochars Private Limited filed petition OMP (COMM) No. 539 of 2025 in Delhi High Court.
The petition challenges the Interim Arbitration Award dated August 20, 2025.
Delhi High Court issued formal notice to DIC India on December 17, 2025.
The next court hearing is scheduled for December 22, 2025.
Financial implications were previously disclosed in a filing dated December 11, 2025.
💼 Action for Investors
Investors should monitor the outcome of the December 22 hearing to assess potential financial liabilities. It is advisable to review the December 11 disclosure to understand the specific quantum of claims involved in this dispute.
DIC India: GST Demand Reduced Significantly to ₹3,81,602
DIC India Limited received a final order regarding a GST demand for FY 2021-22. Initially, the GST department, Karnataka, demanded ₹6,71,07,387. However, based on representations, the demand was significantly reduced to ₹3,81,602, comprising ₹2,02,980 in GST, ₹1,58,324 in interest, and ₹20,298 in penalty. The company is reviewing the order to decide on further actions. This development reduces the potential financial impact on DIC India.
Key Highlights
Initial GST demand was ₹6,71,07,387
Final GST demand reduced to ₹3,81,602
Reduction of ₹6,67,25,785 from the original demand
Penalty imposed is ₹20,298
💼 Action for Investors
Investors should monitor DIC India's review of the order and any subsequent actions the company decides to take. The significant reduction in demand is a positive development, but further analysis is warranted.