Sudarshan Chemical Industries Limited has successfully completed its postal ballot process on December 26, 2025, announcing the appointment of four new directors to strengthen its board composition. The company conducted the entire voting process through remote e-voting, with all proposed resolutions receiving overwhelming shareholder support and confirmation from the appointed scrutinizer.

Board Appointments Overview

The postal ballot covered four key director appointments, with two special resolutions for independent directors and two ordinary resolutions for non-independent directors. All appointments were approved with requisite majority, reflecting strong shareholder confidence in the proposed board structure.

Voting Results and Shareholder Response

The scrutinizer's report confirmed exceptional shareholder support across all resolutions. The promoter and promoter group demonstrated unanimous support with 64,40,604 votes representing 100.00% approval across all four appointments. Public shareholders also showed substantial backing, with over 99.99% approval rates for both independent director appointments.

Process Timeline and Compliance

The company engaged National Securities and Depositories Limited (NSDL) to facilitate the remote e-voting process. Mr. Rajesh Karunakaran, Practicing Company Secretary (FCS 7441, C.P. No. 6581) from Pune, served as the appointed scrutinizer and submitted his comprehensive report confirming regulatory compliance.

Regulatory Framework and Documentation

The postal ballot was conducted in accordance with Section 110 of the Companies Act, 2013, Rule 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The process also complied with various MCA circulars and SEBI guidelines for conducting postal ballots through electronic voting.

The successful completion of this postal ballot process strengthens Sudarshan Chemical Industries' board governance structure with the addition of experienced professionals in both independent and non-independent director roles. The company's commitment to transparent and compliant corporate governance practices is evident through the comprehensive documentation and regulatory adherence demonstrated throughout the voting process.

Sudarshan Chemical Industries Limited has announced the launch of a new product, Sudafast Red 313D, a specialized red pigment designed for printing ink applications. The announcement was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Product Details

Sudafast Red 313D is positioned to cater to both domestic and international markets, highlighting the company's strategic focus on expanding its global presence in the pigment sector.

Market Reach and Applications

The newly launched Sudafast Red 313D is designed specifically for printing ink applications and will be available globally. This launch represents Sudarshan Chemical Industries' continued expansion in the pigment manufacturing sector, targeting both domestic and international markets.

Regulatory Compliance

The product launch disclosure was made pursuant to Regulation 30 read with Schedule III Part A Para B of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The announcement follows the requirements outlined in relevant SEBI Circulars.

Corporate Governance Initiative

Sudarshan Chemical Industries noted that while the product launch has not triggered the threshold of materiality as indicated in Para B of Part A of Schedule III of SEBI Listing Regulations, 2015, the company is making this announcement as a measure of adopting good corporate governance practices. This demonstrates its commitment to transparency and effective stakeholder communication.