Asahi Songwon Colors Limited announced the appointment of Mr. Maulik P. Shah as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company, effective July 07, 2026. This decision was made during the Board of Directors' meeting held on the same day, following recommendations from the Nomination and Remuneration Committee and the Audit Committee. Furthermore, the Board has authorized key managerial personnel for the purpose of determining the materiality of events or information and for making disclosures to the Stock Exchanges under Regulation 30 of the SEBI LODR Regulations. These authorized personnel, effective July 07, 2026, include Mr. Gokul M. Jaykrishna (Managing Director), Mr. Maulik P. Shah (Chief Financial Officer), and Mr. Joseph Saji Varghese (Company Secretary & Compliance Officer). Mr. Shah is a qualified Chartered Accountant with over 20 years of experience in financial planning, budgeting, treasury management, and strategic finance. He previously served as General Manager - Accounts with AIA Engineering Limited and held a position at Johnson Controls-Hitachi Air Conditioning India Limited. The Board meeting commenced at 11:30 AM and concluded at 12:10 PM on July 07, 2026.