Sudarshan Colorants India Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 15 Apr 2026, 04:03 PM
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Sudarshan Colorants India Limited filed its mandatory SEBI compliance certificate for Q4FY26 period ending March 31, 2026. The certificate, submitted on April 15, 2026, confirms proper handling of dematerialization procedures through registrar MUFG Intime India Private Limited. The filing demonstrates routine regulatory compliance under SEBI Regulation 74(5) governing depositories and participants operations.

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Sudarshan Colorants India Limited has submitted its mandatory compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The certificate demonstrates the company's adherence to regulatory requirements governing securities dematerialization and depositories operations.

Regulatory Compliance Certificate

The sudarshan colorants certificate was filed under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period from January 01, 2026 to March 31, 2026. Company Secretary Adwait Joshi submitted the certificate to both major stock exchanges on April 15, 2026.

Exchange Details: Information
BSE Scrip Code: 506390
NSE Symbol: SUDARCOLOR
Filing Date: April 15, 2026
Reporting Period: Q4FY26 (Jan-Mar 2026)

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar & Transfer Agent, issued the confirmation certificate dated April 4, 2026. The registrar confirmed compliance with all dematerialization procedures during the quarter.

Key confirmations from the registrar include:

  • Securities received from depository participants were properly confirmed to depositories
  • All security certificates were mutilated and cancelled after verification
  • Depository names were substituted in the register of members within prescribed timelines
  • No rematerialization requests were received during the period

Corporate Structure

Company Information: Details
Current Name: Sudarshan Colorants India Limited
Former Name: Heubach Colorants India Limited
Registrar: MUFG Intime India Private Limited
SEBI Registration: INR000004058

The registrar MUFG Intime India Private Limited operates under CIN U67190MH1999PTC118368 and maintains its registered office in Mumbai. The entity was formerly known as Link Intime India Private Limited.

Regulatory Framework

The certificate submission fulfills requirements under SEBI's regulatory framework for depositories and participants. Regulation 74(5) mandates quarterly confirmations regarding dematerialization activities, ensuring transparency in securities handling and maintaining investor protection standards.

This compliance filing represents routine regulatory adherence, confirming the company's commitment to maintaining proper securities handling procedures and timely regulatory reporting during the Q4FY26 period.

Will Sudarshan Colorants' consistent regulatory compliance improve its ESG ratings and attract institutional investors in FY27?

How might the company's zero rematerialization requests trend impact its digital transformation strategy for securities management?

Could Sudarshan Colorants leverage its strong compliance record to explore listing on additional exchanges or international markets?

Sudarshan Colorants India Limited Appoints Mrs. Sudha Navandar as Independent Director Through Postal Ballot

2 min read     Updated on 11 Apr 2026, 02:12 AM
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AI Summary

Sudarshan Colorants India Limited successfully appointed Mrs. Sudha Navandar as Non-Executive and Independent Director through postal ballot on April 10, 2026. The special resolution received 99.84% votes in favour with 70.59% shareholder participation through remote e-voting. Mr. Rajesh Karunakaran served as scrutinizer, confirming compliance with all regulatory requirements and validating the voting process integrity.

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Sudarshan Colorants India Limited has successfully completed its postal ballot process, resulting in the appointment of Mrs. Sudha Navandar as a Non-Executive and Independent Director. The company announced the results on April 10, 2026, following the completion of the remote e-voting process.

Postal Ballot Results

The special resolution for Mrs. Sudha Navandar's appointment received overwhelming shareholder support. The voting results demonstrate strong confidence in the board's decision:

Voting Category Total Shares Votes Polled Votes in Favour Votes Against % in Favour
Promoter and Promoter Group 16216847 16216847 16216847 0 100.00%
Public Institutions 161609 29021 24667 4354 84.99%
Public Non-Institutions 6703342 48582 26643 21939 54.84%
Total 23081798 16294450 16268157 26293 99.84%

Director Appointment Details

Mrs. Sudha Navandar (DIN: 02804964) has been appointed as a Non-Executive and Independent Director for a term of five years. The appointment was made through a special resolution, which required a higher threshold of shareholder approval.

Appointment Details Information
Director Name Mrs. Sudha Navandar
DIN 02804964
Position Non-Executive and Independent Director
Term Five years
Resolution Type Special Resolution

Voting Process and Participation

The postal ballot process was conducted entirely through remote e-voting, facilitated by National Securities Depositories Limited (NSDL). The voting period extended from March 11, 2026, to April 9, 2026, providing shareholders adequate time to participate in the decision-making process.

Key Process Details:

  • Record date: February 27, 2026
  • Total shareholders on record: 38775
  • Voting participation: 70.59% of total shares
  • E-voting period: March 11 to April 9, 2026

Scrutinizer's Role and Report

Mr. Rajesh Karunakaran, a practicing Company Secretary (FCS 7441, C.P. No. 6581) from Pune, was appointed as the scrutinizer for the postal ballot process. He was appointed by the board on February 3, 2026, and submitted his final report on April 10, 2026.

The scrutinizer confirmed that all voting procedures were conducted in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report validated the integrity of the e-voting process and confirmed the successful passage of the resolution with the requisite majority.

Corporate Governance Compliance

The postal ballot process demonstrates Sudarshan Colorants' commitment to transparent corporate governance practices. The company ensured full compliance with regulatory requirements, including proper notice periods, electronic communication to shareholders, and independent scrutiny of the voting process. The high participation rate and overwhelming approval reflect strong shareholder confidence in the company's board composition decisions.

What strategic initiatives or business transformations might Mrs. Sudha Navandar's expertise drive at Sudarshan Colorants over her five-year term?

How could this board strengthening position Sudarshan Colorants for potential expansion into new markets or product segments?

Will this enhanced corporate governance structure help Sudarshan Colorants attract institutional investors or improve its ESG ratings?

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