Heubach Colorants India Limited has informed the Exchange regarding Resignation of Mr Kewal Handa as Non- Executive Independent Director of the company w.e.f. October 28, 2025.
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Awaiting price reaction for this filing.
Mr. Kewal Handa has resigned from the post of Non-Executive Independent Director of Heubach Colorants India Limited (formerly linked to Sudarshan Colorants India Limited), effective October 28, 2025. Mr. Handa is a well-known industry veteran, having previously served as MD of Pfizer India and on the boards of several listed companies. No reason for the resignation or any governance concerns have been disclosed in the filing. The company has not yet announced a replacement independent director.
The exit of a high-profile independent director may cause minor short-term uncertainty for shareholders, but since no governance issues are flagged, the impact on the stock price is expected to be limited.