ASAHISONGNSEAsahi Songwon Colors Limited· Dyes And PigmentsMediumNeutral
Announced Wed, 8 Apr · 18:03 IST

Asahi Songwon Colors Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

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
Up moveDown movePending
AI summary

Asahi Songwon Colors Limited has disclosed the resignation of Mr. Sudhin Bhagwandas Choksey (DIN: 00036085) as a Non-Executive Independent Director, effective from close of business hours on April 4, 2026. The resignation letter was received by the company on April 5, 2026. The stated reason for the resignation is personal time constraints that prevent Mr. Choksey from devoting adequate attention to company affairs. This is a follow-up filing to the company's earlier intimation dated April 5, 2026. Mr. Choksey also confirmed there are no other material reasons behind his resignation beyond those stated in his letter dated April 4, 2026.

Likely market impact

The departure of an Independent Director may slightly affect board composition and committee structure. The company will need to appoint a replacement to maintain compliance with SEBI LODR requirements for adequate independent directors on the board and its committees.