Akzo Nobel India Limited has informed the Exchange regarding Appointment of Mr Shantanu Maharaj Khosla as Independent Director of the company w.e.f. January 09, 2026.
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Akzo Nobel India announced three major board changes effective January 9, 2026. Mr. Parth Jindal, currently Managing Director of JSW Paints and JSW Cement, has been appointed as Non-Executive Director and designated as the new Chairman, replacing Rajiv Rajgopal. Mr. Rajiv Rajgopal has been re-designated from Chairman and Managing Director to Joint Managing Director and CEO, with his existing terms unchanged. Mr. Shantanu Maharaj Khosla, a former P&G India MD and Crompton Greaves MD with 43 years of FMCG experience, has been appointed as Independent Director for a 3-year term. All appointments of Khosla and Jindal are subject to shareholder approval via postal ballot.
The appointment of Parth Jindal as Chairman signals a significant governance shift, reflecting JSW Group's growing strategic influence in Akzo Nobel India. The leadership re-designation maintains operational continuity at the CEO level, while the induction of a seasoned FMCG veteran as Independent Director strengthens board expertise.