Shalimar Paints Limited — Others, 10-04-2025: Change in Management

The Board of Directors has announced a board meeting to approve the appointment of Mr. Kuldip Raina as Managing Director and Chief Executive Officer (MD & CEO) for a three-year term, effective from April 10, 2025, pending shareholder approval. Mr. Raina, who has extensive experience across various sectors, including paints and FMCG, is currently Director of Sales, Marketing, and Strategic Sourcing at Shalimar Paints. His leadership is poised to drive strategic growth and enhance the company's market presence. This leadership change may foster a positive outlook among investors, given Mr. Raina's strong track record in business growth and market expansion.