Heubach Colorants India Limited has officially completed its transformation to Sudarshan Colorants India Limited, with the Ministry of Corporate Affairs (MCA) approving the name change effective December 12, 2025. This development follows the successful completion of the postal ballot process where shareholders approved all three key resolutions, including the company name change.

Official Name Change Implementation

The Registrar of Companies has issued the Certificate of Incorporation pursuant to change of name, confirming the transition from Heubach Colorants India Limited to Sudarshan Colorants India Limited. The company has notified both BSE and NSE about this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Previously Approved Corporate Actions

The name change was part of a comprehensive corporate restructuring approved through the postal ballot process that concluded on December 6, 2025. Shareholders had approved three significant resolutions that have now been implemented.

Leadership and Governance Changes

The re-appointment of Mr. Sambit Roy as Managing Director for a five-year term and the appointment of Mr. Amitabha Mukhopadhyay as Non-Executive and Non-Independent Director were also part of the approved resolutions.

Regulatory Compliance and Documentation

The company has fulfilled all regulatory requirements for the name change, with the Memorandum and Articles of Association being altered accordingly. As per regulatory requirements, the company must display both the old and new names at all required locations for a period of two years.

Strategic Alignment

The name change to Sudarshan Colorants India Limited aligns with the company's integration into the Sudarshan Chemical Group following the acquisition of global pigment business operations. This transformation represents the completion of the corporate restructuring process and establishes the company's new identity within the pigments and colorants industry.

The successful implementation of all approved resolutions marks a significant milestone in the company's evolution, positioning it for its next phase of growth under the Sudarshan Chemical Group umbrella.

Heubach Colorants India Limited , a key player in the colorants business segment, has reported a decline in financial performance for the second quarter.

Financial Performance

The company's financial results for Q2 show a decrease in profitability compared to the same period last year:

The decrease in net profit and revenue indicates challenges faced by the company during the quarter. The EBITDA margin compression suggests pressure on the company's operational efficiency.

Strategic Decisions

Name Change

The previously reported name change from Heubach Colorants India Limited to Sudarshan Colorants India Limited remains subject to shareholder and statutory approvals.

Leadership Changes

• The re-appointment of Mr. Sambit Roy as Managing Director and the appointment of Mr. Amitabha Mukhopadhyay as an Additional Director remain in effect.

Internal Auditors

PricewaterhouseCoopers Services LLP continues to serve as Internal Auditors for the current Financial Year.

Outlook

Heubach Colorants India has experienced a decline in financial performance this quarter. The potential name change to Sudarshan Colorants India Limited, if approved, may signal a new strategic direction or rebranding effort, which could impact the company's market positioning in the future.

Investors and stakeholders will likely be watching closely to see how the company addresses the current financial challenges and implements strategies for recovery and growth in the colorants business segment.