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DIC India Limited ( (IN:DICIND) ) has issued an announcement.
DIC India Limited has informed stock exchanges that it has filed an appeal before the Delhi High Court against an order dated April 7, 2026, issued by a District Court in New Delhi in a commercial recovery suit involving Star Plastics. The company’s disclosure, made under SEBI’s Listing Obligations and Disclosure Requirements, indicates that details on the financial implications and claim quantum remain tied to the disputed order, underscoring ongoing legal uncertainty for the business and its stakeholders.
The move to challenge the lower court’s decision signals DIC India’s intent to actively defend its position in the Star Plastics dispute rather than accept the initial outcome. While the company has not quantified potential financial impact, the escalation of the case to the High Court highlights that the litigation is material enough to warrant regulatory disclosure and may bear on future recoveries, liabilities, or counterparty relations once adjudicated.
More about DIC India Limited
DIC India Limited is a listed company in the chemical and printing-related materials space, with operations headquartered in Noida and a registered office in Kolkata. Its shares are traded on BSE, NSE and the Calcutta Stock Exchange under the ticker DICIND, reflecting a presence in India’s organized capital markets and a regulated disclosure environment.
Average Trading Volume: 1,052
Technical Sentiment Signal: Buy
Current Market Cap: 5.03B INR
Find detailed analytics on DICIND stock on TipRanks’ Stock Analysis page.