BSECompany Update1 Sept 2026 · 1 Sept 2026, 05:42 pm
Announcement under Regulation 30 LODR - Resignation of Mr. Mandar Velankar as Non-Executive and Non-Independent Director effective close of business hours on September 01, 2026.
Sudarshan Colorants India Ltd · 506390
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Sudarshan Colorants India Ltd has announced the resignation of Mr. Mandar Velankar as a Non-Executive and Non-Independent Director effective close of business hours on September 01, 2026.
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Earnings Impact1/10
Growth Catalyst1/10
Governance Concern2/10
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Sudarshan Colorants India Ltd - 506390 - Announcement under Regulation 30 (LODR)-Change in Management
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September 01, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C - 1, Block - G,
Dalal Street, Mumbai – 400 001 Bandra Kurla Complex,
Scrip Code – 506390 Bandra (East), Mumbai – 400 051
Scrip Symbol - SUDARCOLOR
Dear Sir / Madam,
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Ref: Intimation regarding resignation of Mr. Mandar Velankar (DIN: 11069055) as a
Non-Executive and Non-Independent Director of the Company
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015”), and SEBI Master Circular
No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“SEBI Master
Circular”), this is to inform that Mr. Mandar Velankar (DIN: 11069055) has tendered his
resignation as a Non-Executive and Non-Independent Director of the Company effective close of
business hours on September 01, 2026.
The details of the above as required under Para A of Part A of Schedule Ill of the SEBI Listing
Regulations read with SEBI Master Circular dated January 30, 2026, are enclosed as
Annexure A.
The Resignation Letter received from Mr. Mandar Velankar is enclosed as Annexure B.
Kindly take the same on record.
Thanking You,
Yours Faithfully,
For SUDARSHAN COLORANTS INDIA LIMITED
(formerly known as Heubach Colorants India Limited)
ADWAIT JOSHI
COMPANY SECRETARY
E ncl: as above
Sudarshan Colorants India Limited (Formerly known as Heubach Colorants India Limited)
Registered Office: Rupa Renaissance, B Wing, 25th Floor, D-33 MIDC Road, TTC Industrial Area, Juinagar, Navi Mumbai 400705, India
T: +91 22 2087 7610 | www.sudarshan.com | shares@sudarshan.com | CIN: L24110MH1956PLC010806
Annexure - A.
The detailed information as required under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No.
HO/49/14/14/(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026:
Sr. Particulars Description
1. reason for change viz. Resignation tendered effective close of business
appointment, re-appointment, hours on September 01, 2026 by
resignation, removal, death or Mr. Mandar Velankar (DIN: 11069055) as a
otherwise Non-Executive and Non-Independent Director of
the Company
2. date of appointment/re- Cessation due to resignation tendered effective
appointment/cessation (as close of business hours on September 01, 2026.
applicable) & term of
appointment/re-appointment
3. brief profile (in case of Not Applicable
appointment)
4. disclosure of relationships Not Applicable
between directors (in case of
appointment of a director)
5. Information as required under Not Applicable
BSE circular Number
LIST/COM/14/2018-19 and
NSE circular no.
NSE/CML/2018/24 dated 20th
June, 2018
6. Letter of resignation along with Enclosed herewith as Annexure B
detailed reason for resignation
7. Names of listed entities in which Not Applicable
the resigning Independent
Director holds directorships,
indicating the category of
directorship and membership of
board committees, if any.
8. The Independent Director shall, Not Applicable
along with the detailed reasons,
also provide a confirmation that
there is no other material
reasons other than those
provided.
Sudarshan Colorants India Limited (Formerly known as Heubach Colorants India Limited)
Registered Office: Rupa Renaissance, B Wing, 25th Floor, D-33 MIDC Road, TTC Industrial Area, Juinagar, Navi Mumbai 400705, India
T: +91 22 2087 7610 | www.sudarshan.com | shares@sudarshan.com | CIN: L24110MH1956PLC010806
Annexure B