ASAHISONGNSEAsahi Songwon Colors Limited· Dyes And PigmentsMediumNegative
Announced Wed, 8 Apr · 18:18 IST

ASAHI SONGWON COLORS LIMITED has informed the Exchange about Resignation of Independent director.

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ASAHISONG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.8%1-day move
₹228.00
prior close
₹228.88
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+2.5+1.6+0.1+1.8-1.3-0.7-0.9+1.3+6.6+7.1+14.0+15.8+24.1
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AI summary

Sudhin Bhagwandas Choksey (DIN: 00036085) has resigned from the position of Independent Director of Asahi Songwon Colors Limited, effective April 4, 2026. He cited current time constraints as the reason, stating he could not devote the required attention to the company's affairs. The resignation letter was addressed to the Board on April 4, 2026, and the exchange was informed on April 8, 2026. Mr. Choksey also serves on the boards of Ambuja Exports, CSB Bank, Fairchem Organics, India Shelter Finance Corporation, and The Sandesh Limited.

Likely market impact

This is a routine single independent director exit due to personal time constraints and is unlikely to have a material impact on the company's operations or stock price. Shareholders should monitor whether a replacement independent director is appointed within the regulatory timeframe to maintain board composition compliance.