DIC India Fixes March 16 As Record Date For Dividend; Shares Fall 1.41%

Mumbai, March 16: DIC India Limited has fixed March 16, 2026 as the record date to determine shareholder eligibility for the proposed final dividend for the financial year ended December 31, 2025, according to an exchange disclosure.

The company informed stock exchanges that its 78th Annual General Meeting will be held on March 23, 2026 at 11:00 AM through Video Conferencing or Other Audio Visual Means.

Shareholders holding equity shares as of the record date will be entitled to receive the final dividend recommended by the board of directors, subject to shareholder approval at the AGM. The company stated that the dividend payment will be processed within statutory timelines and will be subject to applicable tax deduction at source.

The filing further noted that the book closure period will run from March 17, 2026 to March 23, 2026 for the purpose of the AGM and dividend entitlement determination.

Share Price Movement

DIC India shares declined during morning trading on March 16, 2026 following the regulatory update.

The DIC India share price was trading at ₹525.30, down ₹7.50 or 1.41% as of 9:55 IST on March 16, 2026, according to exchange data. The stock opened at ₹535.00 and moved within a range of ₹505.15 to ₹535.00 during the session so far.

Market capitalisation stood near ₹463.68 crore based on the prevailing price levels. The decline reflects mild selling pressure after the disclosure regarding the dividend record date and AGM schedule.

Company Background

DIC India Limited operates in the printing inks and allied materials segment and forms part of the global DIC Corporation group. The company supplies inks used across packaging, publishing and commercial printing applications.

Its product portfolio includes packaging inks, liquid inks, offset inks and related consumables used in flexible packaging and publication printing industries. The company serves customers across food packaging, consumer goods and industrial printing segments.

Conclusion

The announcement formally establishes March 16, 2026 as the eligibility date for shareholders to receive the final dividend proposed for FY2025, pending approval at the AGM scheduled for March 23, 2026.

Investors will now track the AGM outcome and the timeline for dividend distribution following shareholder approval, as outlined in the regulatory filing.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/b512dd81-0281-453e-81a3-865d829af79d.pdf