Kansai Nerolac Paints Limited — Others, 21-01-2025: Change in Director(s)

Mr. Pradip P. Shah will retire as an Independent Director and Chairman of Kansai Nerolac Paints Limited, effective from the close of business on 29th January, 2025, after completing his second five-year term. His tenure began on 30th January, 2015. The Board expressed gratitude for his contributions. Following his retirement, Mr. Bhaskar Bhat will be appointed as the new Chairman, starting 30th January, 2025. This leadership transition could signal a shift in company strategy, potentially influencing investor sentiment positively as it reflects continuity with fresh guidance from Mr. Bhat.