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Mr. Pratik Shah has resigned as Chief Financial Officer of Asahi Songwon Colors Ltd with immediate effect from April 09, 2026, citing personal reasons. The company confirmed there are no other material reasons for his departure. The resignation will be noted by the Board at its next meeting.
Asahi Songwon Colors Ltd informed the exchange that it does not fall under the 'Large Corporate' category for FY 2026-27. The company's outstanding long-term borrowings stood at ₹64.70 Crore as of March 31, 2026, which is below the prescribed threshold for mandatory large corporate framework applicability.
Asahi Songwon Colors Ltd reported net profit of ₹2.3 Cr (+0.0% YoY) for Q3 FY26.
Mr. Sudhin Bhagwandas Choksey has resigned as Non-Executive Independent Director of Asahi Songwon Colors Ltd, effective April 4, 2026. He cited personal time constraints as the reason for his departure. The company has submitted required additional details regarding his other directorships and committee memberships in compliance with SEBI regulations.
CARE Ratings has reaffirmed Asahi Songwon Colors Ltd's credit ratings at 'CARE A; Positive' and 'CARE A1' for facilities totaling ₹183.07 Crore. The rating reflects the company's established market position and improved profitability in FY25, supported by growth in its pigment and API segments.
Asahi Songwon Colors Limited announced the cessation of Sudhin Bhagwandas Choksey as a Non-Executive Independent Director. The change is effective from April 4, 2026, following the completion of his tenure. This is a routine board transition and does not involve any financial transaction.
Asahi Songwon Colors Limited announced the resignation of Mr. Sudhin Bhagwandas Choksey, a Non-Executive Independent Director, effective April 4, 2026. Mr. Choksey stepped down due to personal time constraints. The company has filed the necessary disclosures under Regulation 30 of SEBI LODR.