Sudarshan Colorants India Limited: Director Mandar Velankar Resigns
Mr. Mandar Velankar has resigned as a Non-Executive and Non-Independent Director of Sudarshan Colorants India Limited. His resignation is effective September 01, 2026. The company has filed the necessary disclosures as per SEBI regulations.
The resignation of a single non-executive, non-independent director is unlikely to have a significant immediate impact on the company's operations or financial performance. It is a standard governance event.
The resignation of a director is a routine corporate event that does not inherently carry a positive or negative financial implication for the company. The announcement is factual and does not provide details that would sway sentiment.
Sudarshan Colorants India Limited (formerly known as Heubach Colorants India Limited) has announced the resignation of Mr. Mandar Velankar (DIN: 11069055) from his position as a Non-Executive and Non-Independent Director. The resignation is effective from the close of business hours on September 01, 2026.
This intimation is made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The company has enclosed the resignation letter from Mr. Velankar and the detailed information as required under the SEBI Listing Regulations and the Master Circular. The resignation marks a cessation of his directorship, with the effective date being September 01, 2026.
A plain-language summary of a public exchange filing by Sudarshan Colorants India Limited. Read the original for the full detail.