5000892025-10-012025-12-315000892025-12-315000892025-10-012025-12-31CompositionOfBoardOfDirectors15000892025-12-31CompositionOfBoardOfDirectors15000892025-10-012025-12-31CompositionOfBoardOfDirectors25000892025-12-31CompositionOfBoardOfDirectors25000892025-10-012025-12-31CompositionOfBoardOfDirectors35000892025-12-31CompositionOfBoardOfDirectors35000892025-10-012025-12-31CompositionOfBoardOfDirectors45000892025-12-31CompositionOfBoardOfDirectors45000892025-10-012025-12-31CompositionOfBoardOfDirectors55000892025-12-31CompositionOfBoardOfDirectors55000892025-10-012025-12-31CompositionOfBoardOfDirectors65000892025-12-31CompositionOfBoardOfDirectors65000892025-10-012025-12-31CompositionOfBoardOfDirectors75000892025-12-31CompositionOfBoardOfDirectors75000892025-10-012025-12-31CompositionOfBoardOfDirectors85000892025-12-31CompositionOfBoardOfDirectors85000892025-10-012025-12-31CompositionOfBoardOfDirectors95000892025-12-31CompositionOfBoardOfDirectors95000892025-10-012025-12-31CompositionOfBoardOfDirectors105000892025-12-31CompositionOfBoardOfDirectors105000892025-10-012025-12-31CompositionOfCommittees145000892025-12-31CompositionOfCommittees145000892025-10-012025-12-31CompositionOfCommittees155000892025-12-31CompositionOfCommittees155000892025-10-012025-12-31CompositionOfCommittees165000892025-12-31CompositionOfCommittees165000892025-10-012025-12-31CompositionOfCommittees415000892025-12-31CompositionOfCommittees415000892025-10-012025-12-31CompositionOfCommittees425000892025-12-31CompositionOfCommittees425000892025-10-012025-12-31CompositionOfCommittees435000892025-12-31CompositionOfCommittees435000892025-10-012025-12-31CompositionOfCommittees685000892025-12-31CompositionOfCommittees685000892025-10-012025-12-31CompositionOfCommittees695000892025-12-31CompositionOfCommittees695000892025-10-012025-12-31CompositionOfCommittees705000892025-12-31CompositionOfCommittees705000892025-10-012025-12-31CompositionOfCommittees715000892025-12-31CompositionOfCommittees715000892025-10-012025-12-31CompositionOfCommittees955000892025-12-31CompositionOfCommittees955000892025-10-012025-12-31CompositionOfCommittees965000892025-12-31CompositionOfCommittees965000892025-10-012025-12-31CompositionOfCommittees975000892025-12-31CompositionOfCommittees975000892025-10-012025-12-31CompositionOfCommittees985000892025-12-31CompositionOfCommittees985000892025-10-012025-12-31CompositionOfCommittees995000892025-12-31CompositionOfCommittees995000892025-10-012025-12-31CompositionOfCommittees1225000892025-12-31CompositionOfCommittees1225000892025-10-012025-12-31CompositionOfCommittees1235000892025-12-31CompositionOfCommittees1235000892025-10-012025-12-31CompositionOfCommittees1245000892025-12-31CompositionOfCommittees1245000892025-10-012025-12-31CompositionOfCommittees1255000892025-12-31CompositionOfCommittees1255000892025-10-012025-12-31CompositionOfCommittees1265000892025-12-31CompositionOfCommittees1265000892025-12-31MeetingOfBoardOfDirectors15000892025-10-012025-12-31MeetingOfBoardOfDirectors15000892025-12-31MeetingOfBoardOfDirectors25000892025-10-012025-12-31MeetingOfBoardOfDirectors25000892025-12-31MeetingOfBoardOfDirectors35000892025-10-012025-12-31MeetingOfBoardOfDirectors35000892025-12-31MeetingOfBoardOfDirectors45000892025-10-012025-12-31MeetingOfBoardOfDirectors45000892025-10-012025-12-31MeetingOfCommittees15000892025-12-31MeetingOfCommittees15000892025-10-012025-12-31MeetingOfCommittees25000892025-12-31MeetingOfCommittees25000892025-10-012025-12-31MeetingOfCommittees35000892025-12-31MeetingOfCommittees35000892025-10-012025-12-31MeetingOfCommittees45000892025-12-31MeetingOfCommittees45000892025-10-012025-12-31MeetingOfCommittees55000892025-12-31MeetingOfCommittees55000892025-10-012025-12-31MeetingOfCommittees65000892025-12-31MeetingOfCommittees65000892025-10-012025-12-31MeetingOfCommittees75000892025-12-31MeetingOfCommittees75000892025-10-012025-12-31MeetingOfCommittees85000892025-12-31MeetingOfCommittees85000892025-09-305000892025-12-31ImpositionOfFineOrPenaltyDomain15000892025-12-31ImpositionOfFineOrPenaltyDomain25000892025-12-31ImpositionOfFineOrPenaltyDomain35000892025-12-31ImpositionOfFineOrPenaltyDomain45000892025-12-31OngoingTaxLitigationsOrDisputesDomain15000892025-12-31OngoingTaxLitigationsOrDisputesDomain25000892025-12-31OngoingTaxLitigationsOrDisputesDomain35000892025-12-31OngoingTaxLitigationsOrDisputesDomain4xbrli:pure500089DICINDNOTLISTEDINE303A01010DIC INDIA LIMITED2025-01-012025-12-31Yearly2025-12-31EquitytruetruefalseThe Company has not made any acquisition during the reporting period.truetruefalseDuring the reporting period, the Company has not advanced any loan or issued guarantee or securities to or for promoter company or KMP or group company in half year ended 31st December, 2025falseTop 2000 listed entitiestrued00100Original1. Mr. Hayato Kashiwagi was originally appointed as additional director thereafter he was appointed as the non executive non independent director in the AGM held on 25th March, 2025. 2. Mr. Navapol Chuensiri was originally appointed as as additional director thereafter he was appointed as the non executive non independent director by means of postal ballot on 14th October, 2025. 3. Mr. Paul Koek has resigned from the Company w.e.f 1st January, 2026 by virtue of retirement from the Parent Company being DIC Asia Pacific Pte Ltd.truefalseMrRAJEEV ANAND******02519876Non-Executive - Independent DirectorChairperson1960-05-23falseActiveNA2020-11-062023-10-0461.252231MsPRITHA DUTT******02910608Non-Executive - Independent DirectorNot Applicable1964-06-01falseActiveNA2020-11-062023-10-0461.252200MrADNAN WAJHAT AHMAD******00046742Non-Executive - Independent DirectorNot Applicable1961-05-31falseActiveNA2023-02-082023-02-0834.212221MrPRABAL KUMAR SARKAR******03124712Non-Executive - Independent DirectorNot Applicable1957-07-12falseActiveNA2020-11-062023-10-0461.251111MrPAUL KOEK******00081930Non-Executive - Non Independent DirectorNot Applicable1960-06-14falseActiveNA2004-06-292024-03-221020OthersDirectors are foreign nationals.MrJI XIANG JASON LEE******10485668Non-Executive - Non Independent DirectorNot Applicable1983-12-23falseActiveNA2024-02-222025-03-251000Directors are foreign nationals.MrHAYATO KASHIWAGI******10953592Non-Executive - Non Independent DirectorNot Applicable1976-07-24falseActiveNA2025-02-212025-02-211000Directors are foreign nationals.MrMANISH BHATIA******08310936Executive DirectorNot Applicable1971-09-12falseActiveNA2019-01-302025-01-301000MrNAVAPOL CHUENSIRI******07954976Non-Executive - Non Independent DirectorNot Applicable1970-01-12falseActiveNA2025-08-132025-08-131000Directors are foreign nationals.MrAVIJIT MUKERJI******03534116Non-Executive - Independent DirectorNot Applicable1969-08-18falseActiveNA2025-12-100.214342However the formation of Risk Management Committee is not mandatory on the Company but in order to ensure the risk assessment the Company has formulated the Risk Mnagement Committee voluntarily.truetruetruetrueAudit Committee03124712PRABAL KUMAR SARKARNon-Executive - Independent DirectorChairperson2021-03-31Audit Committee00081930PAUL KOEKNon-Executive - Non Independent DirectorMember2021-03-31Audit Committee00046742ADNAN WAJHAT AHMADNon-Executive - Independent DirectorMember2023-02-08Nomination and remuneration committee02910608PRITHA DUTTNon-Executive - Independent DirectorChairperson2021-03-31Nomination and remuneration committee03124712PRABAL KUMAR SARKARNon-Executive - Independent DirectorMember2021-03-31Nomination and remuneration committee00081930PAUL KOEKNon-Executive - Non Independent DirectorMember2021-03-31Stakeholders Relationship Committee00046742ADNAN WAJHAT AHMADNon-Executive - Independent DirectorChairperson2023-02-08Stakeholders Relationship Committee00081930PAUL KOEKNon-Executive - Non Independent DirectorMember2021-03-31Stakeholders Relationship Committee02519876RAJEEV ANANDNon-Executive - Independent DirectorMember2021-03-31Stakeholders Relationship Committee07954976NAVAPOL CHUENSIRINon-Executive - Non Independent DirectorMember2025-08-13Risk Management Committee00046742ADNAN WAJHAT AHMADNon-Executive - Independent DirectorChairperson2023-03-24Risk Management Committee10485668JI XIANG JASON LEENon-Executive - Non Independent DirectorMember2024-08-13Risk Management Committee03124712PRABAL KUMAR SARKARNon-Executive - Independent DirectorMember2023-03-24Risk Management Committee08310936MANISH BHATIAExecutive DirectorMember2023-03-24Risk Management Committee07954976NAVAPOL CHUENSIRINon-Executive - Non Independent DirectorMember2025-08-13Corporate Social Responsibility Committee02910608PRITHA DUTTNon-Executive - Independent DirectorChairperson2021-03-31Corporate Social Responsibility Committee10485668JI XIANG JASON LEENon-Executive - Non Independent DirectorMember2024-08-13Corporate Social Responsibility Committee00081930PAUL KOEKNon-Executive - Non Independent DirectorMember2021-03-31Corporate Social Responsibility Committee00046742ADNAN WAJHAT AHMADNon-Executive - Independent DirectorMember2023-02-08Corporate Social Responsibility Committee07954976NAVAPOL CHUENSIRINon-Executive - Non Independent DirectorMember2025-08-132025-08-13true9942025-10-2875true9942025-11-1315true9942025-12-1026true10105Audit Committee2025-08-13true3320Audit Committee2025-10-2875true3320Audit Committee2025-11-1315true3320Audit Committee2025-12-1026true3320Nomination and remuneration committee2025-08-13true3320Nomination and remuneration committee2025-12-10118true3320Corporate Social Responsibility Committee2025-11-12true5520Risk Management Committee2025-10-07true5420truetruetruetrueYestruetruetrueRisk Management Committee is required to be constituted for top 1000 companies but DIC is under top 2000 companies, hence is constituted voluntarily.Meghna SainiCompany Secretary and Compliance OfficerYeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/NAYeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/NANANANAYeshttps://dic.co.in/Yeshttps://dic.co.in/NAYeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/Yeshttps://dic.co.in/NANAYeshttps://dic.co.in/NAYeshttps://dic.co.in/Yeshttps://dic.co.in/YesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesNANANAYesNAYesYesYesNANAYesYesYesNAYesMeghna SainiCompany Secretary and Compliance OfficerNAMeghna SainiCompany Secretary and Compliance OfficerfalseMeghna SainiCompany Secretary and Compliance OfficerNoida2026-01-2804400Joint Commissioner, LTU,Corporate Division,West BengalDemand Order passed under DRC 07 under Section 73 of the CGST & SGST Act and Rules, 2017 by the Joint Commissioner, LTU, Corporate Division, West Bengal with Ref. No.ZD191125040467D dated 25.11.2025.2025-11-26The demand has been raised under the IGST, CGST and SGST Act, 2017 for an amount of INR 4,67,740/- for the F.Y. 2021-22. The demand includes GST of INR 2,89,763/-, Interest of INR 1,43,857/- and Penalty of INR 34,120/-.The allegation was of Input Credit denial for cancellation of supplier's registration and supplier's not filing their GST Return and Input Tax Credit wrongly availed on Blocked Credits.There is no impact on financial, operation or other activities of the Company. The Company is carrying out a detailed review of the Order and after a comprehensive analysis, will decide on the next step required to be taken on this issue.Assistant Commissioner (in situ),CGST Range - 23, Div. V, Noida, Uttar PradeshOrder-in-Original No.02/Supdt./Range 23 / Div.V/ Noida/2024-25 dated 30.12.2025 issued under DRC 07 passed under Section 73 of the Uttar Pradesh Goods and Services Tax Act, 2017 by the Assistant Commissioner, CGST Range 23, Division V, Noida2025-12-31The demand has been raised under the UPGST Act, 2017 for an amount of INR 6,61,766/- for the F.Y. 2021-22. The demand includes GST of INR 6,01,606/- and Penalty of INR 60,160/-.The allegation was for non-payment of GST against recovery of R & D Fees from foreign entities by way of issuance of Credit Notes.There is no impact on financial, operation or other activities of the Company. The Company is carrying out a detailed review of the Order and after a comprehensive analysis, will decide on the next step required to be taken on this issue.State Tax Officer, Ghatak 21 (Ahmedabad): Range-6, Division - 2, Gujarat.Demand Order passed under DRC 07 under Section 73 of the CGST & SGST Act and Rules, 2017 by the State Tax Officer, Ghatak 21 (Ahmedabad): Range 6, Division - 2, Gujarat with Ref. No.ZD241225121228S dated 24th December 20252025-12-26The demand has been raised under the GST Act,2017 for an amount of INR 16,96,501/- for the F.Y. 2021-22. The demand includes GST of INR 9,06,074/-, Interest of INR 6,89,907/- and Penalty of INR 1,00,520/-. The allegation was for excess and ineligible claim of ITC, ITC distributed by ISD not available and excess refund availed.There is no impact on financial, operation or other activities of the Company. The Company is carrying out a detailed review of the Order and after a comprehensive analysis, will decide on the next step required to be taken on this issue.Assistant Commissioner, Commercial Taxes, DGSTO-4, Bengaluru, KarnatakaDemand Order passed under DRC 07 under Section 73 of the Karnataka GST Act and Rules, 2017 by the Assistant Commissioner, DGSTO-4, Bengaluru, Karnataka with Reference Number ZD2912250185676 dated 02.12.20252025-12-03The demand has been raised under the Karnataka GST, Act, 2017 for an amount of INR 3,81,602/- for the F.Y. 2021-22. The demand includes GST of INR 2,02,980/-, Interest of INR 1,58,324/- and Penalty of INR 20,298/-.The allegation was for denial of Input Tax credit for suppliers' not paying taxes to the Government and ineligible credit claimed by DIC.There is no impact on financial, operation or other activities of the Company. The Company is carrying out a detailed review of the Order and after a comprehensive analysis, will decide on the next step required to be taken on this issue.Deputy Commissioner of State Tax, Maharashtra2024-06-20Total demand is Rs.4,77,61,472 /- which includes GST - Rs.2,15,84,212 /- + Interest Rs.2,39,58,474 /- + Penalty - Rs.22,18,786 /-.The Company has preferred an appeal before the Commissioner (Appeals) against the Order of the Deputy Commissioner. Personal Hearing awaited. (No changes in the last quarter)Assistant Commissioner of Central Tax, CGST & CX, Bhowanipur Division, Kolkata South Commissionerate.2024-07-31Service Tax has been demanded to the tune of Rs.45,53,215 /- including Cess with equivalent penalty of Rs.45,53,215 /- along with applicable Interest for the F.Y. 2015-16 to 2017-18.The Company has preferred an appeal before the Commissioner (Appeals) against the Order of the Deputy Commissioner. Personal Hearing awaited. (No changes in the last quarter)Income Tax Appellate Tribunal_C Bench2024-07-26An order under section 143 (3) of the Income Tax Act, issued by the Income Tax Department raising a tax demand of Rs. 64,07,051/- including interest for FY 2019-20 (AY 2020-21). The Company had filed an appeal against the above said order before the Hon’ble Income Tax Appellate Tribunal (“ITAT”). The Hon’ble ITAT has partly allowed the appeal and has given relief against few of the ground of appeal and has given the direction to the Ld. Transfer pricing officer (“TPO”) and Ld. Assessing officer to give effect to the appeal. Ld. Assessing officer will pass the final order giving the appeal effect of tribunal.Order for the Assessment year 2020-21 received on 10-07-2025 which was passed on 19-03-2025. Ld. ITAT has releived the following Addition : 1. Upward TP adjustment Rs. 99,95,076/- and Club expenditure which was disallowed Rs. 3,73,864/-National Faceless Assessment Centre, Income Tax Department2025-03-30Regarding order under section 271D of the Income Tax Act, for in contravention of section 269SS and 271E of the Income Tax Act, in contravention of section 269T issued by the Income Tax Department raising Income Tax penalty demand of Rs. 1,12,65,249/- (One Crore Twelve Lacs sixty-five thousand two hundred forty-nine only) and Rs. 1,09,13,610/- (One Crore nine Lacs thirteen thousand six hundred ten only). Totalling Rs. 2,21,78,869 (Two crore twenty-one lakhs seventy-eight thousand eight hundred sixty-nine only for FY 2019-20 (AY 2020-21).Penalty order passed u/s. 271D for acceptance of loan or deposit of Rs. 1,12,65,249/- and order passed u/s. 271E for repaid loan or deposit of Rs. 1,09,13,610/-. Further, we have filed the appeal on 18-04-2025 for 271D and 17th April'2025 for 271E