India’s leading paints manufacturer Asian Paints Limited announced the appointment of Ireena Vittal as Independent Director on the company’s Board, with effect from July 25, 2023. According to the company’s exchange filing, “This is with reference to earlier letter no. APL/SEC/32/2023-24/36 dated 25th July, 2023, wherein it was informed to you that the Board of…
Asian Paints Limited announced the appointment of Milind Sarwate as Independent Director on the company’s Board, with effect from October 21, 2021. Milind Sarwate is the Founder & CEO of Increate Value Advisors LLP. He provides advice & mentorship in business & social value creation, governance, and capability-building, leveraging his 38-year experience including long stints…
Asian Paints Limited announced the appointment of Nehal Vakil as Non-Executive Director of the company, effective March 1, 2022. According to the company’s exchange filing, “This is to inform you that the Board of Directors of the Company at their meeting held today, based on the recommendation of the Nomination and Remuneration Committee and subject…
Asian Paints Ltd announced it will invest Rs 960 crore to expand the manufacturing capacity of its facility situated at Ankleshwar in Gujarat, according to a PTI report. The company has signed a memorandum of understanding with the Government of Gujarat commencing the proposed expansion of manufacturing capacity of paint from 1.3 lakh KL to 2.5…
Asian Paints Limited announced the appointment of Milind Sarwate as an Additional and Independent Director of the company, effective October 21, 2021. According to the company’s exchange filing, “This is to inform you that the Board of Directors at their meeting held today, based on the recommendations of the Nomination and Remuneration Committee and subject…
In times when companies are laying off employees and reducing salaries, Asian Paints has said that it will go ahead with annual increments. In an attempt to boost employee morale and strengthen the bond with its employees, the company has decided to not lay off any employees and give them their annual salary raise. Citing…
Mukesh Ambani-led Reliance Industries is reportedly considering selling its stake in Asian Paints as the Indian multinational conglomerate is stepping up its efforts to become debt free. According to a Bloomberg report, the company is in discussions with various banks for a potential sale of its 4.9% stake worth ₹989mn in Asian Paints report Ltd.…
Asian Paints, India’s leading paint company has announced its foray into the hand sanitizer category with the launch of the Viroprotek range of Hand and Surface Sanitizers. “Asian Paints has entered into this category to support the Government in its various measures towards COVID-19 relief and address the huge need of hand and surface sanitization…
Leading corporations and business leaders have announced their support to fight Covid-19 pandemic, and apart from their direct efforts, and work being done by their respective foundations or CSR initiatives, some of them have committed funds to the union and state governments relief funds. Most of these funds are expected to be directed towards putting…
Markets across the globe are severely impacted from the coronavirus pandemic, resulting in shutdown of manufacturing facilities in various countries including China, which is the largest exporter of goods in the World. Many industry experts and historians say that the shutdown of heavy industry is unlike any seen since the 1940s. According to the Organisation…
Tata Motors on Wednesday announced the appointment of Ravindra Kumar G.P as its President & Chief Human Resources Officer. “Ravindra will oversee all human resource operations for Tata Motors, effective December 17, 2018. He will report into Mr. Guenter Butschek, CEO Tata Motors and will be a member of the Executive Committee.” the company said…