Asian Paints Limited has disclosed that shareholders have approved the appointment of Ms. Shubhlakshmi Dani (DIN: 02942138) as a Non-Executive Director of the Company through a postal ballot process.
Nature of Disclosure: Regulatory compliance disclosure under Regulation 30 of SEBI Listing Regulations regarding director appointment approval.
Key Dates:
- Board approval date: 29th July 2026 (via letter no. APL/SEC/57/2026-27/19)
- Shareholder approval deemed date: Wednesday, 9th September 2026 (last date specified for remote e-voting)
Appointment Details:
- Ms. Shubhlakshmi Dani appointed as Additional and Non-Executive Director
- Liability to retire by rotation
- Appointment was subject to shareholder approval through Postal Ballot
- Based on recommendation of the Nomination and Remuneration Committee
Director Background and Relationships:
- Spouse of Mr. Hasit Dani, former Non-Executive Director of the Company
- Sister-in-law of Mr. Malav Dani, current Non-Executive Director of the Company
- Member of the Promoter(s) Group of the Company
- Not related to any other Directors or Key Managerial Personnel of the Company
Compliance Status:
- Not debarred from holding director office by virtue of any SEBI or other authority order
- Not disqualified from holding director office pursuant to Section 164 of the Companies Act, 2013
Additional Information:
- Voting results and Scrutinizer's Report submitted separately pursuant to Regulation 44 of Listing Regulations
- Brief profile was previously disclosed in company's letter dated 29th July 2026 and available on company website at www.asianpaints.com
Regulatory Reference: Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Financial Impact: No financial impact disclosed in this appointment notification.