Sudarshan Chemical Industries Limited announced that, Mr. K.L.Rathi, Non Executive Director forming part of the Rathi Promoter Group has resigned from the Board of Directors of the Company with effect from June 1, 2018. Resignation in this regard was submitted by him during the Board Meeting held in June 1, 2018. Sudarshan Chemical Industries Limited entered into Share Purchase Agreement with Americhem Inc., U.S.A. to sell the entire shareholding held by the Company in its Wholly Owned Subsidiary, Prescient Color Limited, Consequent to that, Mr.P.R.Rathi, Mr.K.L.Rathi, Mr.N.J.Rathi, Mr.R.B.Rathi and Mr.S.Padmanabhan, Nominee Directors of Sudarshan Chemical Industries Limited on the Board of Prescient Color Limited have resigned with effect from June, 2018 effective post conclusion of the Board Meeting.