AGM/EGM10 Jul 2026, 07:30 am
Asian Paints Shareholders Approve Director Appointments
AI Summary
Asian Paints Ltd announced that shareholders have approved the appointment of Mr. Sudhir Sitapati as an Additional and Independent Director for a five-year term from May 29, 2026, to May 28, 2031. Additionally, Mr. Milind Sarwate has been re-appointed as an Independent Director for a second five-year term, from October 21, 2026, to October 20, 2031. Both directors have confirmed they meet independence criteria and are not disqualified from holding office. Brief profiles of the appointees are enclosed.
Key Highlights
- Shareholders approved Sudhir Sitapati's appointment as Independent Director.
- Milind Sarwate re-appointed as Independent Director for a second term.
- Both appointments are for five-year terms commencing in 2026.
- Appointees meet independence criteria as per regulations.
- Directors are not related to existing management or promoters.
Price Impact
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