NSE/BSE Codes: NSE Symbol: DICIND, BSE Scrip Code: 500089, CSE Scrip Code: 10013217

Summary of Key Information:

Nature of Event / Disclosure:

Regulatory filing to disclose receipt of a final order from the Deputy Commissioner of Income Tax, Transfer Pricing - 1, Kolkata, under Section 92CA(3) read with Section 144C(5) of the Income-tax Act, 1961. The order pertains to a transfer pricing adjustment for international transactions undertaken during FY 2022-23 (Assessment Year 2023-24).

Involved Parties / Authorities:

  • Issuing Authority: Deputy Commissioner of Income Tax, Transfer Pricing - 1, Kolkata (Assessing Officer/AO)
  • Directing Authority: Dispute Resolution Panel-2 (DRP), New Delhi
  • Regulatory Recipients: BSE Limited, The Calcutta Stock Exchange Ltd., National Stock Exchange of India Limited

Date / Timeline of Event:

  • Date of Order Issuance: October 22, 2026
  • Date of Receipt by Company KMPs: October 23, 2026, at 11:03 AM
  • Date of Intimation to Stock Exchanges: October 24, 2026
  • Assessment Year in Question: 2023-24 (Financial Year 2022-23)
  • Reference to Previous Intimations: Dated October 02, 2026, and March 03, 2026
  • Reference to Initial Order: Dated January 22, 2026

Brief Description of Outcome / Dispute:

The final order was issued by the Assessing Officer pursuant to directions received from the Dispute Resolution Panel-2 (DRP). It revises a previously determined upward adjustment in income. The initial adjustment of ₹3,84,17,653 (as per order dated January 22, 2026) has been recomputed and reduced to a revised adjustment of ₹3,74,35,142 for Assessment Year 2023-24. The company states that no violations or contraventions have been committed by it.

Impact of Outcome:

Financial Impact:

The company explicitly states, based on a preliminary assessment, that there are "no expected financial implications" and "No impact other than as stated in this disclosure." The quantified adjustment amount is ₹3,74,35,142, but the company has not recognized this as an immediate liability, pending appeal.

Operational / Business / Strategic Impact:

No material operational, business, or strategic impact is disclosed. The event is a regulatory and legal matter concerning historical tax computations.

Other Implications:

No material reputational, legal, regulatory, or market perception effects are explicitly stated in the document.

Next Steps / Required Actions:

The company is evaluating the order and intends to file an appeal against it with the appropriate authority within the stipulated timeframe allowed by law.