Management Change21 May 2026, 06:41 pm
AksharChem: Devalkumar Suthar Appointed, Ashok Barot Resigns
AI Summary
AksharChem India Ltd announced the appointment of Devalkumar Indrabal Suthar as an Additional Director (Whole Time Director, Executive) for a three-year term effective May 21, 2026, subject to shareholder approval. The company also noted the resignation of Ashok Dolatsinh Barot as Executive Director, effective May 21, 2026. The board approved 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 share recommended for FY26, pending shareholder approval.
- Audited financial results for the year ended March 31, 2026, approved.
Price Impact
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