DIC India has settled a case with capital markets regulator Sebi pertaining to alleged violation of disclosure lapses after paying Rs 34.32 lakh towards the settlement amount. DIC India, a manufacturer of printing inks and allied products, had filed suo motu settlement applications in terms of the Sebi's (Settlement Proceedings) regulations, the regulator said in an order on March 21. The company proposed to settle by neither "admitting nor denying the findings of fact and conclusions of law" the enforcement proceedings that may be initiated against it for the violation of rules. As per the settlement order, the markets watchdog will not initiate enforcement proceedings against DIC India for the violations. However, Sebi retains the right to take further action if any misrepresentation is discovered or if the company breaches any terms of the settlement. "...it is hereby ordered that any proceedings that may be initiated for the violations are settled in respect of the applicant

DIC has gained 21.02% in the last 3 Months

DIC India Ltd.

23 Feb 2024

603.10

0.39%

DIC India Standalone December 2023 Net Sales at Rs 205.13 crore, down 11.45% Y-o-Y

Moneycontrol

DIC India Ltd. is trading below its 30 day SMA of 614.6

DIC India Ltd.

10 Nov 2023

603.10

0.39%

DIC India Standalone September 2023 Net Sales at Rs 216.67 crore, down 2.95% Y-o-Y

Moneycontrol

DIC India Ltd. is trading below its 30 day SMA of 614.6

DIC India Ltd.

25 Aug 2023

603.10

0.39%

Kerala Industries Dept to give awards for best ventures

Business Line

Minister for Industries, Law and Coir P. Rajeeve launched the web portal (http://awards.industry.kerala.gov.in) for applying for the State Awards 2023, instituted by the DIC

DIC India Ltd. is trading below its 30 day SMA of 614.6

DIC India Ltd.

12 May 2022

603.10

0.39%

DIC India Standalone March 2022 Net Sales at Rs 200.52 crore, up 15.62% Y-o-Y

Moneycontrol

NULL

DIC has gained 21.02% in the last 3 Months

DIC India Ltd.

10 Mar 2021

603.10

0.39%

Stocks To Watch: PowerGrid Corporation, Godrej Properties

NDTV Profit

PowerGrid Corporation has acquired Ramgarh New Transmission; the transmission system comprises a new 400/220kV substation, 400kV DIC transmission lines and associated Substation extension works...