DIC India Names Manjusha Singh Deputy CEO Amid Leadership Transition

The appointment comes as the company navigates a major leadership shift following the upcoming departure of its long-serving Managing Director.

KOLKATA — DIC India Limited has appointed Manjusha Singh as its Deputy Chief Executive Officer, effective July 4, 2026, marking a significant step in the company’s ongoing management restructuring. The move follows the previously announced resignation of the company’s Managing Director and CEO, Manish Bhatia, who is set to step down from his role on August 29, 2026.

Ms. Singh, who previously served as the company’s Head of Sales and Marketing, brings over 25 years of experience in B2B sales, strategy, and business transformation within the industrial manufacturing and packaging sectors. Her appointment was recommended by the Nomination and Remuneration Committee and approved by the board on July 4, 2026.

Strengthening Leadership During Transition

The leadership transition at DIC India comes during a period of strategic change for the organization. While Ms. Singh assumes the role of Deputy CEO, she will continue to be designated as a Senior Management Personnel and will maintain oversight of her current responsibilities.

The company has been actively managing several organizational changes in recent months, including the resignation of its Head of Legal, Ashutosh Bishnoi, effective June 30, 2026. Despite these management shifts, the firm continues to navigate its operational requirements, recently achieving a favorable outcome in a tax dispute where an additional GST demand of ₹6.62 lakh for FY22 was set aside by the Additional Commissioner (Appeals), Noida.

Background on the New Deputy CEO

Ms. Singh is a seasoned business leader with a strong track record in driving revenue growth and overseeing large-scale business transformation projects. Her background includes:

• Expertise: Over two decades in B2B sales, pricing, marketing, and strategy.

• Experience: Previous experience heading independent profit centers and managing large multinational accounts.

• Focus: Driving market share and strategic alignment within global and regional capacities.

Official Sources

Information regarding the appointment was disclosed by DIC India Limited in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The official announcement was made on July 4, 2026, and filed with the National Stock Exchange (NSE) and BSE.

Regarding the broader leadership change, the company had previously informed the exchanges on June 2, 2026, that it had accepted the resignation of MD & CEO Manish Bhatia.

Why It Matters

For investors and stakeholders, the designation of a Deputy CEO provides a measure of continuity as the company prepares for the exit of its long-standing Managing Director in August. The appointment signals a focus on internal leadership development and B2B sales expertise to steer the company through its next phase of growth in the competitive packaging and printing ink industries.

Key Facts at a Glance

• New Appointment: Manjusha Singh, Deputy CEO, effective July 4, 2026.

• Upcoming Departure: Managing Director Manish Bhatia resigns, effective August 29, 2026.

• Recent Resignation: Ashutosh Bishnoi, Head of Legal, ceased office on June 30, 2026.

• Regulatory Compliance: Disclosures filed under SEBI (LODR) Regulations, 2015.

Frequently Asked Questions (FAQ)

What is Manjusha Singh’s primary role as Deputy CEO?

Ms. Singh will serve as Deputy CEO while continuing her duties as a Senior Management Personnel, bringing her expertise in B2B sales and strategy to the senior leadership team.

Why is DIC India changing its management?

The changes include the resignation of the current MD & CEO, Manish Bhatia, effective August 2026, and the recent resignation of the Head of Legal.

Does this change affect the company’s operations?

The company maintains that it is managing these transitions through board-approved appointments and continues its regular operations, recently succeeding in a tax-related appeal.

Where can I find the full official disclosure?

The disclosures are available on the NSE India and BSE India corporate filing websites.

Source: DIC India NSE Filings, ScanX Trade News, Economic Times Legal