Sudarshan Colorants India Limited has informed the Exchange regarding Notice of Postal Ballot
SUDARCOLOR · price
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Awaiting price reaction for this filing.
Sudarshan Colorants India Limited (formerly Heubach Colorants India Limited) has issued a postal ballot notice to shareholders seeking their approval to appoint Mrs. Sudha Navandar (DIN: 02804964) as a Non-Executive and Independent Director for a 5-year term, effective from February 03, 2026 to February 02, 2031. Mrs. Navandar is a qualified Chartered Accountant, Certified Public Accountant (USA), and Insolvency Professional with over 30 years of experience in audit and corporate consultancy. The appointment requires approval through a Special Resolution. Remote e-voting will be conducted through NSDL from March 11, 2026 (9:00 AM IST) to April 09, 2026 (5:00 PM IST). Mrs. Navandar currently holds 12 directorships across companies like Sudarshan Chemical Industries, Yasho Industries, Tribhovandas Bhimji Zaveri, and Anand Rathi Wealth, and has no shareholding in the company.
This is a routine corporate governance action requiring shareholder approval. The appointment adds a qualified independent director with strong financial expertise to the board, but it is unlikely to have any material impact on the stock price in the short term.