Asahi Songwon Colors Limited informed that the Board of Directors of the Company at its meeting held on October 11, 2023 has appointed Mr. Alok Jhawar as Chief Financial Officer (CFO) of the Company with effect from October 11, 2023. Brief Profile: Mr. Alok Jhawar is a qualified Chartered Accountant and has over 20+ years of multi- disciplinary & diversified experience in leading the financial functions. Mr. Alok Jhawar has valuable experience in Financial and Strategic Planning, Accounting and Assurance, Treasury, Taxation, Corporate Governance and Risk Management.

Prior to joining Asahi Songwon Colors Limited as V.P.-Finance, he has worked with pharma majors (Sun Pharmaceuticals Industries Limited and Glenmark Pharmaceuticals Limited) and Oil and Gas leaders (Reliance Industries Limited, BG Group, and Pipeline Infrastructure Limited) in various capacities. In his last assignment, he was designated as Chief Financial Officer with "Darwin Platform Group".