We wish to inform you that, the Board of Directors vide circular resolution passed today i.e May 11, 2026, had approved: 1. Re-appointment of Mr. Atul Rasiklal Desai as an Independent ....
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Shalimar Paints board has approved the re-appointment of Mr. Atul Rasiklal Desai as Independent Director for a second 3-year term (June 28, 2026 - June 27, 2029). Mr. Desai brings 35+ years of experience in the Building Materials industry, having served as Executive Director and CEO at Prism Johnson's RMC division and Director at Ardex Endura. Additionally, the board appointed Mr. Abhijeet Jhawar as Additional Director (Non-Executive Non-Independent) effective May 12, 2026. Mr. Jhawar is a seasoned leader with 25+ years across Healthcare, FMCG, Retail, Technology, and Infrastructure sectors, currently serving as CMO at Infra.Market. Both appointments are subject to shareholder approval and neither director is related to existing board members.
These appointments bring experienced industry veterans to the board, potentially strengthening governance and strategic direction. The addition of Mr. Jhawar with cross-sector M&A experience could signal strategic growth ambitions for the paints company.