Asahi Songwon Colors Limited (ASAHISONG) — Corporate Action

📢 Key Event
Final dividend of Rs 1.50 per share recommended for FY2025-26, subject to AGM approval, with CEO transition and director reappointments.

🔄 What Changed
Dividend recommendation of Rs 1.50 per share (15% of face value) pending AGM approval; CEO transition from Gokul to Arjun Jaykrishna effective May 27, 2026; reappointment of Mrs. Paru Jaykrishna and Mr. Gokul Jaykrishna as Chairperson and Managing Director for three years effective August 1, 2026.

🔮 What's Next
Dividend payment within 30 days from AGM date; CEO term effective May 27, 2026 for three years; director reappointments effective August 1, 2026 for three consecutive years.

💡 Investor Takeaway
Shareholders receive a 15% dividend yield on face value, pending AGM approval, while leadership transitions within the founding family ensure continuity in management.

Asahi Songwon Colors Limited announced a final dividend of Rs 1.50 per share (15% of face value) for FY2025-26, subject to AGM approval, alongside key leadership changes: CEO Gokul Jaykrishna resigned effective May 26, 2026, succeeded by his son Arjun Jaykrishna from May 27, 2026, while Mrs. Paru Jaykrishna and Mr. Gokul Jaykrishna were reappointed as Chairperson and Managing Director for three years effective August 1, 2026. The audited consolidated financials for March 31, 2026, showed total revenue of Rs 56,640.18 lakhs, profit before tax of Rs 2,556.15 lakhs, and net cash flow from operations of Rs 4,323.97 lakhs, with an unmodified auditor's opinion confirming financial accuracy.

📄 View Original Announcement (PDF)

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