This is to inform you that the Board of Directors of the Company at its meeting held today, 29th May 2026, based on the recommendation of the Nomination and Remuneration Committee have ....
ASIANPAINT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Asian Paints has announced the appointment of Mr. Sudhir Sitapati as an Additional and Independent Director for a 5-year term starting 29th May 2026. The appointment is subject to shareholder approval at the upcoming 80th AGM. Mr. Sitapati is currently the Managing Director and CEO of Godrej Consumer Products, a role he has held since 2021. He has over two decades of experience at Unilever, where his last role was Executive Director – Foods and Refreshments at Hindustan Unilever. He holds an MBA from IIM Ahmedabad and meets all independence criteria under the Companies Act, 2013 and SEBI Listing Regulations. He is not related to any directors, KMPs, or promoters of the company.
The addition of an experienced industry leader like Mr. Sitapati to the board strengthens Asian Paints' governance and brings valuable FMCG expertise. As an independent director, he brings external perspective without related-party concerns, which is positive for shareholder confidence.