Sudarshan Chemical Industries Limited has informed the Exchange regarding Cessation of Mrs Shubhalakshmi Panse as Non- Executive Independent Director of the company w.e.f. August 13, 2025 on account of completion of tenure of second term
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Mrs. Shubhalakshmi Panse (DIN: 02599310) ceased to be a Non-Executive Independent Director of Sudarshan Chemical Industries with effect from close of business hours on August 13, 2025. This was due to the natural completion of her second five-year term, which ran from August 14, 2020 to August 13, 2025. She was originally re-appointed by shareholders at the 69th Annual General Meeting on September 4, 2020. The Board has recorded its appreciation for her contribution during her tenure.
This is a routine, planned end-of-tenure exit and is not expected to materially affect the company's operations or stock price. Investors may watch for timely appointment of a new Independent Director to maintain board composition compliance under SEBI norms.