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Asian Paints announced the appointment of Leo Puri as an Additional and Independent Director, effective September 7, 2026, for a term of five years, subject to shareholder approval. Additionally, the Board appointed Leo Puri as Chairman, effective January 23, 2027, succeeding R. Seshasayee, who had served as Chairman since October 1, 2023, until January 22, 2027. Mr. Puri, 65, currently serves as Advisory India Chair at Apax and holds board positions at Fortis Healthcare Limited, Dr. Reddy’s Laboratories Limited, and Amadeus IT Group.

Asian Paints announced the appointment of Leo Puri as an Additional and Independent Director, effective September 7, 2026, for a term of five years, subject to shareholder approval. Additionally, the Board appointed Leo Puri as Chairman, effective January 23, 2027, succeeding R. Seshasayee, whose term as Chairman concludes on January 22, 2027; this appointment is also subject to shareholder approval. Leo Puri, 65, currently serves as Advisory India Chair at Apax and holds board positions at Fortis Healthcare Limited, Dr. Reddy’s Laboratories Limited, and Amadeus IT Group, and previously held leadership roles at JP Morgan Chase, UTI Asset Management Company Limited, Warburg Pincus, and McKinsey & Company.

A disclosure document dated August 11, 2026, reveals that promoters and related entities of a company hold a significant number of shares, totaling approximately 83.34 million, but none are currently pledged. Key entities, including Satyadharma Investments and Trading Company Private Ltd, Castle Investment & Industries Private Limited, and Lyon Investment & Industries Private Limited, hold substantial portions of the total shares, ranging from 19.1% to 15.0%. The document details a complex ownership structure involving numerous private limited companies, trusts, and individual promoters, and serves as a transparency measure for regulatory bodies or lenders. The total share count used for percentage calculations is assumed to be 83,34,280, and the disclosure does not indicate any current risk associated with pledged shares.

Net profit of Asian Paints rose 39.96% to Rs 1539.25 crore in the quarter ended June 2026 as against Rs 1099.77 crore during the previous quarter ended June 2025. Sales rose 17.89% to Rs 10521.44 crore in the quarter ended June 2026 as against Rs 8924.49 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales10521.448924.49 18 OPM %20.6118.21 - PBDT2399.941809.58 33 PBT2095.751508.71 39 NP1539.251099.77 40 Powered by Capital Market - Live News

The board of Asian Paints at its meeting held on 29 July 2026 has approved the appointment of Shubhlakshmi Dani (DIN: 02942138) as an Additional and Non-Executive Director of the Company, with immediate effect.