Heubach Colorants India Limited has informed the Exchange regarding Change in Director(s) of the company.
SUDARCOLOR · price
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The board of Heubach Colorants India Limited, via a circular resolution passed on May 2, 2025, approved the appointment of Mr. Mandar Velankar (DIN: 11069055) as an Additional Director designated as Non-Executive Director. His appointment is subject to shareholder and other statutory approvals, and he will retire by rotation. Mr. Velankar is a qualified Company Secretary with over 25 years of experience in corporate secretarial, governance, legal, and compliance roles, having worked with the Bajaj Group, Kalyani Group, Vodafone, and Deepak Fertilizers. He is currently serving as General Counsel and Company Secretary at Sudarshan Chemical Industries Limited and holds no equity shares in the company. He is not debarred from directorship by SEBI or any other authority.
This is a routine board addition that strengthens the company's compliance and legal expertise at the board level. No material impact on shareholders or stock price is expected, as this is a non-executive role pending shareholder approval.