Management Change21 May 2026, 06:41 pm
AksharChem: Devalkumar Suthar Appointed as Executive Director
AI Summary
AksharChem India Ltd's board approved the appointment of Devalkumar Indrabal Suthar as an Additional Director (Whole Time Director, Executive) for a three-year term starting May 21, 2026, subject to shareholder approval. The board also took note of Ashok Dolatsinh Barot's resignation as Executive Director, effective May 21, 2026. Additionally, the board approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹0.50 per equity share.
Key Highlights
- Devalkumar Indrabal Suthar appointed as Additional Director (Executive) for 3 years.
- Ashok Dolatsinh Barot resigned as Executive Director, effective May 21, 2026.
- Final dividend of ₹0.50 per equity share recommended for FY26.
- Audited financial results for the year ended March 31, 2026, approved.
- Board meeting commenced at 04:00 p.m. and concluded at 05:30 p.m.
Price Impact
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