Board Meeting26 May 2026, 02:34 pm
Asahi Songwon: Paru Jaykrishna Reappointed as CMD; Dividend ₹1.50
AI Summary
Asahi Songwon Colors Ltd's board approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. Mrs. Paru M. Jaykrishna is reappointed as Chairperson and Managing Director for three years, effective August 1, 2026. A final dividend of ₹1.50 per equity share (15%) was recommended, subject to shareholder approval. Mr. Arjun Gokul Jaykrishna is appointed as CEO, effective May 27, 2026, following Mr. Gokul Mrugesh Jaykrishna's resignation from the CEO position.
Key Highlights
- Audited financial results for FY26 approved by the board.
- Paru M. Jaykrishna reappointed as Chairperson and Managing Director.
- Final dividend of ₹1.50 per share recommended for FY26.
- Arjun Gokul Jaykrishna appointed as CEO, effective May 27, 2026.
- Gokul Mrugesh Jaykrishna resigned as CEO, remaining as Managing Director.
Price Impact
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