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