Sudarshan Colorants India Limited has informed the Exchange about appointment of Authorized Officials to determine materiality of an event or information.
SUDARCOLOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sudarshan Colorants India Limited held its Board Meeting on May 11, 2026, approving standalone audited financial results for Q4 and FY2026. Full year total income stood at Rs 807.47 Crores (down from Rs 843.83 Crores in FY2025), with net profit at Rs 44.53 Crores (down from Rs 51.45 Crores), representing approximately 13% decline year-on-year. The company appointed PricewaterhouseCoopers Services LLP (PwC) as Internal Auditor for FY2026-27. Mr. Nilkanth Natu was appointed as Interim CFO effective May 11, 2026, following the resignation of Mr. Jugal Sahu in March 2026. The Board also authorized three KMPs (Managing Director, CFO, and Company Secretary) to determine materiality of events for timely disclosure.
The company reported a decline in profitability for FY2026, though the net profit of Rs 44.53 Crores remains healthy. Appointment of PwC as internal auditor and a qualified Interim CFO brings credibility to governance. The stock may see neutral to slightly positive reaction given clean audit opinion and strengthened compliance framework.