DIC India Limited — Others, 04-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

DIC India Limited has announced a board meeting to discuss the arbitration proceedings against Agam Agochars Private Limited concerning outstanding dues. In recent developments, Agam has filed a counterclaim for ₹5.6 crore, along with interest and legal costs, disputing the claims made by DIC. The arbitration is being conducted by the Delhi International Arbitration Centre, indicating ongoing legal complexities that could impact DIC's financial position. Investors should monitor this situation closely, as the resolution may influence financial stability and overall sentiment towards the company, highlighting both risks and strategic responses.