DIC India Limited Announces Resignation of Managing Director and CEO
DIC India Limited announced that Mr. Manish Bhatia, Managing Director and CEO, has resigned from his position. The resignation was tendered vide letter dated June 02, 2026, with Mr. Bhatia citing the decision to pursue other career opportunities.The Company's Board of Directors accepted the resignation in a meeting held on June 02, 2026. Mr. Bhatia will be relieved from his responsibilities from the close of business hours on August 29, 2026.
The Board expressed sincere appreciation and gratitude for the outstanding leadership, dedication, and valuable contributions Mr. Manish Bhatia provided during his tenure with the Company.
The key details regarding the change in Key Managerial Personnel (KMP) are summarized below:
| Detail | Information |
|---|---|
| KMP Name | Manish Bhatia |
| Position | Managing Director and CEO |
| Reason for Change | Resignation, tendered via letter dated June 02, 2026. |
| Board Acceptance Date | June 02, 2026 |
| Last Day of Responsibility | August 29, 2026 |
DIC India Limited continues to operate following the Board's acceptance of the resignation.
DICIND Stock Price Movement
Today, DIC India Limited shares edged higher, settling at ₹500.5, up 0.07% for the session. Trading activity for the day saw a total volume of 1,758 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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