DIC India approves audited results, declares dividend, appoints director

DIC India Limited announced the approval of its audited financial results for the quarter and year ended December 31, 2024. The board of directors, in a meeting held on February 21, 2025, also recommended a final dividend of Rs. 4 per equity share, subject to shareholder approval. In a strategic move to bolster its leadership, the company appointed Mr. Hayato Kashiwagi as an Additional Director (Non-Executive Non-Independent), effective the same day until the date of the ensuing Annual General Meeting. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS), and includes results for the quarter ending December 31, 2024 which balance the audited numbers for the full financial year and published unaudited numbers from earlier in the year. The board's decisions signal a focus on both rewarding shareholders and strengthening its corporate governance structure and are expected to enhance DIC India's position in the printing inks market.