Bullish Moving Averages
7
Bearish Moving Averages
9
Back Stocks profile
Stock analysis tool for investors
Performance
Today’s low
503.00Today’s High
519.5052W low
236.8052W High
589.00Open Price
512.60Prev. Close
503.3000Volume
2083.00Value
1053164.80Fundamentals
Market Cap
596.00
Price to Earnings
19.90
Price to Book Value
2.20
Dividend Yield
0.10
PE to Growth
0.10
Op Revenue TTM
457.72
Net Profit TTM
29.88
Cash From Operating Activity
7.80
Return on Equity %
8.50
EMA & SMA
DELIVERY AND VOLUME
DAILY AVG. DELIVERY VOLUME %
12 Sep, 2024
100
Week
100
Month
64
LEGEND
Positive Indicator
Neutral Indicator
Negative Indicator
RESISTANCE AND SUPPORT
511.83
PIVOT
First Resistance
520.67
Second Resistance
528.73
Third Resistance
537.57
First Support
503.77
Second Support
494.93
Third Support
486.87
Relative Strength Index
49.93
Money Flow Index
38.67
MACD
4.02
MACD Signal
8.5
Average True Range
27.66
Average Directional Index
35.67
Rate of Change (21)
2.54
Rate of Change (125)
58.28
Day Commodity Channel Index
-86.2
Day Williams %R
-70.2
BETA
1 Month
-0.11
3 Month
-0.22
1 Year
0.34
3 Year
0.2
PRICE CHANGE ANALYSIS
↓ -4.76%
1 Week
Low
High
500
539.95
↓ -1.8%
1 Month
Low
High
492.5
588.95
↑ 24.09%
3 Months
Low
High
387.25
588.95
↑ 58.79%
6 Months
Low
High
299.05
588.95
↑ 104.86%
1 Year
Low
High
236.85
588.95
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Graph |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Qtr Revenue cr | 91.52 | 85.62 | 68.29 | 58.92 | 68.99 | 84.64 | 57.68 | 82.48 | 118.77 | 119.54 | 96.41 | 94.29 | 97.07 | |
| Operating Expenses Qtr | 79.50 | 75.78 | 62.92 | 53.06 | 67.98 | 90.84 | 59.19 | 73.26 | 106.25 | 108.92 | 87.02 | 82.07 | 85.00 | |
| Operating Profit Qtr | 10.33 | 8.07 | 4.05 | 4.86 | 0.01 | -8.03 | -1.66 | 9.16 | 12.30 | 9.84 | 9.05 | 11.87 | 11.88 | |
| EBIDT Qtr Cr | 12.01 | 9.65 | 5.36 | 31.66 | 1.01 | -6.20 | -1.50 | 9.23 | 12.52 | 10.62 | 9.40 | 12.22 | 12.08 | |
| Depreciation Qtr | 2.54 | 2.57 | 2.58 | 2.59 | 2.58 | 2.62 | 2.47 | 2.47 | 2.46 | 2.17 | 2.22 | 2.22 | 2.19 | |
| Net Profit Qtr | 5.65 | 3.95 | 0.37 | 24.71 | -2.70 | -8.48 | -5.70 | 3.33 | 6.13 | 6.10 | 4.40 | 6.87 | 6.82 | |
| Basic EPS Qtr | 4.79 | 3.35 | 0.31 | 20.96 | -2.29 | -7.19 | -4.83 | 2.79 | 5.10 | 5.08 | 3.66 | 5.71 | 5.67 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total Revenue Annual | 281.82 | 343.04 | 407.31 | 285.47 | 284.42 | |
| Operating Expenses Annual Cr | 259.74 | 329.00 | 363.00 | 234.81 | 249.24 | |
| Operating Profit Annual | 16.85 | 8.37 | 42.64 | 48.13 | 34.40 | |
| Operating Profit Margin Annual % | 5.98 | 2.44 | 10.47 | 16.86 | 12.09 | |
| Total Expenses Annual Cr | 276.73 | 347.69 | 375.06 | 245.17 | 261.16 | |
| EBIDT Annual Cr | 22.09 | 14.04 | 44.31 | 50.66 | 35.18 | |
| EBIDT Annual margin % | 7.84 | 4.09 | 10.88 | 17.75 | 12.37 | |
| Depreciation | 10.33 | 10.01 | 8.81 | 8.44 | 8.32 | |
| PAT Before ExtraOrdinary Items Annual Cr | 26.33 | -4.71 | 24.19 | 32.94 | 22.82 | |
| Net Profit Annual | 26.33 | -4.71 | 24.19 | 32.94 | 22.82 | |
| Basic EPS Annual | 22.34 | -3.97 | 20.11 | 27.11 | 18.60 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total ShareHolders Funds Annual | 261.76 | 235.47 | 252.26 | 232.64 | 201.58 | |
| Minority Interest Liability Annual Cr | - | - | - | - | - | |
| Total Non Current Liabilities Annual Cr | 34.85 | 40.58 | 31.26 | 24.24 | 25.59 | |
| Total Current Liabilities Annual Cr | 119.13 | 126.39 | 106.06 | 81.08 | 49.13 | |
| Total Capital Plus Liabilities Annual Cr | 415.73 | 402.43 | 389.58 | 337.96 | 276.30 | |
| Fixed Assets Annual | 122.26 | 150.60 | 153.88 | 138.43 | 131.12 | |
| Total Non Current Assets Annual | 268.11 | 258.03 | 205.12 | 191.05 | 161.59 | |
| Total Current Assets Annual | 147.62 | 144.40 | 184.46 | 146.91 | 114.70 | |
| Total Assets Annual | 415.73 | 402.43 | 389.58 | 337.96 | 276.30 | |
| Contingent Liabilities plus Commitments Annual Cr | - | 5.29 | 5.63 | 19.84 | 9.59 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Cash from Operating Activity Annual | -4.55 | 30.77 | 24.66 | 4.86 | 74.31 | |
| Cash from Investing Activity Annual | 19.73 | -54.62 | -25.49 | -15.89 | -21.19 | |
| Cash from Financing Annual Activity | -15.28 | 24.03 | 0.83 | 10.91 | -52.90 | |
| Net Cash Flow Annual | -0.10 | 0.18 | -0.00 | -0.12 | 0.22 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Book Value Per Share Annual | 222.07 | 199.76 | 209.74 | 193.42 | 164.26 | |
| ROE Annual % | 10.05 | -2.00 | 9.58 | 14.15 | 11.32 | |
| ROCE Annual % | 3.96 | 1.46 | 12.52 | 16.43 | 11.82 | |
| Total Debt to Total Equity Annual | 0.34 | 0.41 | 0.21 | 0.17 | 0.08 | |
| EBDIT Annual Margin % | 7.98 | 4.16 | 10.92 | 17.90 | 12.40 |
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Graph |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Qtr Revenue cr | 135.05 | 126.88 | 102.65 | 96.09 | 103.44 | 125.92 | 94.23 | 127.50 | 163.30 | 123.98 | 100.30 | 95.00 | 96.99 | |
| Operating Expenses Qtr | 120.53 | 117.18 | 97.18 | 89.93 | 103.68 | 132.27 | 96.17 | 120.03 | 151.34 | 115.36 | 92.15 | 84.52 | 86.67 | |
| Operating Profit Qtr | 13.74 | 8.78 | 4.97 | 5.40 | -0.89 | -8.49 | -2.09 | 7.49 | 11.78 | 8.12 | 7.91 | 10.35 | 10.30 | |
| EBIDT Qtr Cr | 14.52 | 9.50 | 5.46 | 31.96 | -0.24 | -6.34 | -1.94 | 7.47 | 11.96 | 8.62 | 8.15 | 10.48 | 10.32 | |
| Depreciation Qtr | 4.52 | 4.54 | 4.03 | 3.83 | 3.82 | 3.83 | 3.73 | 3.67 | 3.63 | 2.98 | 3.01 | 3.00 | 2.97 | |
| Net Profit Qtr | 5.17 | 2.16 | -1.02 | 23.57 | -4.66 | -10.24 | -7.36 | 1.19 | 4.76 | 4.67 | 3.32 | 5.69 | 5.67 | |
| Basic EPS Qtr | 4.39 | 1.83 | -0.87 | 20.00 | -2.29 | -8.68 | -6.24 | -1.00 | 3.96 | 3.89 | 2.76 | 4.73 | 3.79 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total Revenue Annual | 429.05 | 510.41 | 416.26 | 283.39 | 284.42 | |
| Operating Expenses Annual Cr | 407.98 | 499.27 | 378.70 | 233.57 | 249.24 | |
| Operating Profit Annual | 18.26 | 5.28 | 36.68 | 49.51 | 34.40 | |
| Operating Profit Margin Annual % | 4.26 | 1.04 | 8.81 | 17.47 | 12.09 | |
| Total Expenses Annual Cr | 436.75 | 528.15 | 395.38 | 244.20 | 261.16 | |
| EBIDT Annual Cr | 21.07 | 11.14 | 37.56 | 49.82 | 35.18 | |
| EBIDT Annual margin % | 4.91 | 2.18 | 9.02 | 17.58 | 12.37 | |
| Depreciation | 16.22 | 14.86 | 11.96 | 8.69 | 8.32 | |
| PAT Before ExtraOrdinary Items Annual Cr | 15.64 | -18.47 | 14.65 | 31.95 | 22.83 | |
| Net Profit Annual | 20.05 | -11.65 | 19.36 | 32.21 | 22.83 | |
| Basic EPS Annual | 17.01 | -9.83 | 16.10 | 29.29 | 18.60 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total ShareHolders Funds Annual | 235.59 | 218.59 | 242.32 | 227.51 | 201.62 | |
| Minority Interest Liability Annual Cr | 30.36 | 41.47 | 42.11 | 46.81 | 14.04 | |
| Total Non Current Liabilities Annual Cr | 91.18 | 75.77 | 44.68 | 24.32 | 25.59 | |
| Total Current Liabilities Annual Cr | 217.62 | 210.88 | 140.56 | 90.85 | 36.56 | |
| Total Capital Plus Liabilities Annual Cr | 574.74 | 546.70 | 469.67 | 389.47 | 277.81 | |
| Fixed Assets Annual | 290.74 | 300.15 | 235.67 | 221.41 | 140.34 | |
| Total Non Current Assets Annual | 325.33 | 310.70 | 241.43 | 226.72 | 160.46 | |
| Total Current Assets Annual | 249.42 | 236.01 | 228.24 | 162.75 | 117.35 | |
| Total Assets Annual | 574.74 | 546.70 | 469.67 | 389.47 | 277.81 | |
| Contingent Liabilities plus Commitments Annual Cr | - | 61.13 | 7.07 | 19.95 | 40.95 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Cash from Operating Activity Annual | 7.80 | 29.97 | -0.38 | 8.05 | 56.97 | |
| Cash from Investing Activity Annual | -12.21 | -77.21 | -28.16 | -60.07 | -15.76 | |
| Cash from Financing Annual Activity | 4.37 | 47.49 | 28.38 | 49.98 | -38.91 | |
| Net Cash Flow Annual | -0.04 | 0.25 | -0.15 | -2.03 | 2.31 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Book Value Per Share Annual | 225.62 | 220.62 | 236.49 | 228.07 | 175.73 | |
| ROE Annual % | 8.50 | -5.32 | 7.98 | 14.15 | 11.32 | |
| ROCE Annual % | 1.35 | -1.10 | 7.78 | 13.77 | 11.13 | |
| Total Debt to Total Equity Annual | 0.84 | 0.82 | 0.36 | 0.20 | 0.08 | |
| EBDIT Annual Margin % | 4.94 | 2.20 | 9.04 | 17.59 | 12.40 |
| Name | Holding Percent | Holding Id | Pledged % | Locked % |
|---|
| Name | Holding Percent | Holding Id | Pledged % | Locked % |
|---|---|---|---|---|
| MRUGESH JAYKRSIHNA FAMILY TRUST - I | 43.93 | 88981505 | 0 | 0 |
| GOKUL M JAYKRISHNA FAMILY TRUST | 22.47 | 88981506 | 0 | 0 |
| Name | Holding Percent | Holding Id |
|---|
| Name | Holding Percent | Holding Id |
|---|---|---|
| HUF | 1.35 | 88981510 |
| DIC CORPORATION | 7.34 | 88981518 |
| Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| Sep 21, 2023 | 0.5 | FINAL | - | Equity Share |
| Sep 22, 2022 | 0.5 | FINAL | - | Equity Share |
| Sep 21, 2021 | 3.5 | FINAL | - | Equity Share |
| Nov 02, 2020 | - | INTERIM | Nov 03, 2020 | Equity Share |
| Mar 04, 2020 | 3 | INTERIM | Mar 05, 2020 | Equity Share |
| Sep 19, 2019 | 3 | FINAL | - | Equity Share |
| Sep 19, 2018 | 3 | FINAL | - | Equity Share |
| Mar 23, 2017 | 3 | INTERIM | Mar 25, 2017 | Equity Share |
| Mar 22, 2016 | 2 | INTERIM | Mar 23, 2016 | Equity Share |
| Sep 23, 2015 | 3.5 | FINAL | - | Equity Share |
| Sep 16, 2014 | 3.5 | FINAL | - | Equity Share |
| Sep 17, 2013 | 3.5 | FINAL | - | Equity Share |
| Sep 18, 2012 | 2.25 | FINAL | - | Equity Share |
| Nov 16, 2011 | 1.25 | INTERIM | Nov 17, 2011 | Equity Share |
| Aug 12, 2011 | 2 | FINAL | - | Equity Share |
| Nov 01, 2010 | 1 | INTERIM | Nov 02, 2010 | Equity Share |
| Jul 09, 2010 | 1 | FINAL | - | Equity Share |
| Jan 28, 2010 | 0.7 | INTERIM | Jan 30, 2010 | Equity Share |
| Sep 24, 2009 | 1 | FINAL | - | Equity Share |
| Sep 19, 2008 | 1.2 | FINAL | - | Equity Share |
| Aug 09, 2007 | 1 | FINAL | - | Equity Share |
| Ex-Date | Split Ratio | Record Date |
|---|
| Ex-Date | Purpose | Notes |
|---|---|---|
| Jul 27, 2024 | Quarterly Results | - |
| May 28, 2024 | Audited Results & Final Dividend | - |
| Jan 30, 2024 | Quarterly Results | - |
| Oct 25, 2023 | Quarterly Results | - |
| Aug 10, 2023 | Quarterly Results | - |
| May 29, 2023 | Audited Results | (Revised) |
| Feb 13, 2023 | Quarterly Results | - |
| Nov 10, 2022 | Quarterly Results | - |
| Aug 04, 2022 | Quarterly Results | - |
| May 19, 2022 | Audited Results, Dividend & Buy Back | - |
| Feb 03, 2022 | Quarterly Results | - |
| Oct 26, 2021 | Quarterly Results | - |
| Aug 04, 2021 | Quarterly Results | - |
| Jun 04, 2021 | Audited Results & Final Dividend | - |
| Jan 28, 2021 | Quarterly Results | - |
| Nov 06, 2020 | Buy Back of Shares | - |
| Oct 22, 2020 | Quarterly Results | - |
| Jul 21, 2020 | Quarterly Results | - |
| Jun 23, 2020 | Audited Results | - |
| Feb 25, 2020 | Interim Dividend | - |
| Jan 30, 2020 | Quarterly Results | - |
| Oct 14, 2019 | Quarterly Results | - |
| Aug 12, 2019 | Quarterly Results | - |
| May 14, 2019 | Audited Results & Final Dividend | - |
| Feb 05, 2019 | Quarterly Results | - |
| Oct 30, 2018 | Quarterly Results | - |
| Aug 08, 2018 | Unaudited Financial Results | - |
| May 29, 2018 | Audited Results & Final Dividend | - |
| Feb 13, 2018 | Quarterly Results | - |
| Nov 14, 2017 | Quarterly Results | - |
| Sep 12, 2017 | Quarterly Results | - |
| May 26, 2017 | Audited Results | - |
| Mar 18, 2017 | Others | To consider and declare the interim dividend on the Equity Shares of the Company for the financial year 2016-17. |
| Jan 31, 2017 | Quarterly Results | - |
| Nov 07, 2016 | Quarterly Results | - |
| Jul 29, 2016 | Quarterly Results | Reappointment of Mrs. Paru M. Jaykrishna as Chairperson and Managing Director of the Company for further period of 5 years with effect from August 01, 2016. |
| May 24, 2016 | Audited Results | Asahi Songwon Colors Ltd has informed BSE that the constitution of the firm of the auditors of the Company has been changed from Proprietorship firm to Partnership firm. |
| Mar 14, 2016 | Interim Dividend | - |
| Jan 25, 2016 | Quarterly Results | - |
| Oct 29, 2015 | Quarterly Results | - |
| Oct 09, 2015 | Others | To review the operations of the Company. |
| Oct 01, 2015 | Others | To review the operations of the Company. |
| Aug 12, 2015 | Quarterly Results | - |
| May 19, 2015 | Audited Results & Final Dividend | - |
| Feb 13, 2015 | Quarterly Results | - |
| Jan 16, 2015 | Scheme of Arrangement | To fix the record date in connection with the High Court Order approving the Scheme of arrangement between ("the Company") and AksharChem (India) Limited and their respective shareholders and creditor |
| Nov 11, 2014 | Quarterly Results | - |
| Aug 12, 2014 | Quarterly Results | - |
| May 27, 2014 | Audited Results & Final Dividend | - |
| Jan 21, 2014 | Quarterly Results | - |
| Dec 19, 2013 | Others | To consider proposal related to arrangement and business re-alignment. |
| Oct 29, 2013 | Quarterly Results | - |
| Jul 30, 2013 | Quarterly Results | - |
| May 29, 2013 | Audited Results & Final Dividend | - |
| Jan 30, 2013 | Quarterly Results | - |
| Nov 06, 2012 | Quarterly Results | - |
| Aug 13, 2012 | Audited, Quarterly Results & F. Dividend | - |
| May 14, 2012 | Quarterly Results | - |
| Jan 21, 2012 | Quarterly Results | - |
| Nov 03, 2011 | Quarterly Results & Interim Dividend | - |
| Jul 27, 2011 | Quarterly Results | - |
| Jul 06, 2011 | Audited Results & Final Dividend | - |
| May 14, 2011 | Quarterly Results | - |
| Jan 21, 2011 | Quarterly Results | - |
| Oct 21, 2010 | Quarterly Results & Interim Dividend | - |
| Jul 20, 2010 | Quarterly Results | - |
| May 25, 2010 | Audited Results & Final Dividend | - |
| Jan 18, 2010 | Quarterly Results & Interim Dividend | - |
| Dec 30, 2009 | Increase in borrowing powers & Others | To increase in borrowing powers of the Company & to increase / revision in terms of Remuneration payable to Mrs. Pant M. Jaykrishna, Chairperson and Managing Director of the Company. |
| Oct 30, 2009 | Quarterly Results | - |
| Sep 05, 2009 | Audited Results | - |
| Jul 30, 2009 | Quarterly Results | - |
| Apr 27, 2009 | Quarterly Results | - |
| Mar 24, 2009 | Others | To re-designate Mr. Gokul M Jaykrishna as Joint Managing Director of the Company., for the remaining tenure of his office as whole-time director of the Company w.e.f. March 24, 2009. |
| Jan 30, 2009 | Quarterly Results | - |
| Oct 24, 2008 | Quarterly Results | - |
| Aug 26, 2008 | Audited Results, Dividend & Others | To fix the date of next Annual General Meeting & to fix book closure dates. |
| Jul 31, 2008 | Quarterly Results | - |
| Apr 30, 2008 | Quarterly Results | - |
| Jan 29, 2008 | Quarterly Results | - |
| Oct 29, 2007 | Quarterly Results | - |
| Jul 31, 2007 | Quarterly Results | - |
| Jun 27, 2007 | Audited Results & Dividend | - |
| Ex-Date | Bonus Ratio | Record Date |
|---|
12 Sep 2024
ASAHI SONGWON COLORS LTD. - 532853 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Asahi Songwon Colors Limited has informed about newspaper publication.
05 Sep 2024
ASAHI SONGWON COLORS LTD. - 532853 - Reg. 34 (1) Annual Report.
Asahi Songwon Colors Limited has submitted to Exchange Annual Report for the Financial Year 2023-24
05 Sep 2024
ASAHI SONGWON COLORS LTD. - 532853 - Shareholder Meeting - Annual General Meeting On September 27, 2024
Asahi Songwon Colors Limited has informed the Exchange about 34th Annual General Meeting of the Company is scheduled to be held on Friday, September 27, 2024 at 11.30 AM.
05 Sep 2024
ASAHI SONGWON COLORS LTD. - 532853 - Corporate Action - Fixed Book Closure For Annual General Meeting And Dividend
Asahi Songwon Colors Limited has informed the Exchange about Book Closure, date of Evoting and date of Annual General Meeting.
04 Sep 2024
ASAHI SONGWON COLORS LTD. - 532853 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arjun Gokul Jaykrishna & PACs
03 Sep 2024
ASAHI SONGWON COLORS LTD. - 532853 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arjun Gokul Jaykrishna & PACs
02 Sep 2024
ASAHI SONGWON COLORS LTD. - 532853 - Announcement under Regulation 30 (LODR)-Change in Directorate
Asahi Songwon Colors Limited has informed the Exchange that the Board of Directors of the Company at the Board meeting held on September 02, 2024 considered and approved the appointment of Mr. Samvegbhai Arvindbhai Lalbhai as Additional Director designated as Non-Executive Independent Director of the Company for a term of five (5) consecutive years with effect from September 02, 2024, subject to approval of shareholders at the ensuing Annual General Meeting.
02 Sep 2024
ASAHI SONGWON COLORS LTD. - 532853 - Board Meeting Outcome for Outcome Of Board Meeting Held On September 02, 2024
Asahi Songwon Colors Limited has informed outcome of Board Meeting held on September 02, 2024
02 Sep 2024
ASAHI SONGWON COLORS LTD. - 532853 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arjun Gokul Jaykrishna & PACs
10 Aug 2024
ASAHI SONGWON COLORS LTD. - 532853 - Announcement under Regulation 30 (LODR)-Change in Directorate
Asahi Songwon Colors Limited has informed the exchange that the Board of Directors at its meeting held today August 10, 2024 inter alia have considered : 1. Appointment Mr. Sudhin Bhagwandas Choksey as an Additional Director designated as Non-Executive Independent Director of the Company subject to approval of shareholders of the Company. 2. Mr. Arvind Geonka, Mr. Rajkumar Sukhdevsinhji and Dr. Pradeepbhai Jasubhai Jha have completed their second term of 5 consecutive years as Non Executive Independent Director of the Company and consequently they ceased to be Independent Director of the Company w.e.f. close of business hours on August 11, 2024. 3. Resignation of Mr. Jayprakash Maneklal Patel as Independent Director of the Company. 4. Reconstitution of various committees.
