Asian Paints Management Change
Asian Paints appointed Leo Puri as Independent Director for five years, approved by shareholders via postal ballot. He becomes Chairman from 23 January 2027.
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Asian Paints appointed Leo Puri as Independent Director for five years, approved by shareholders via postal ballot. He becomes Chairman from 23 January 2027.
Asian Paints shareholders approved Leo Puri's appointment as Independent Director via postal ballot. Voting results and the scrutinizer's report were filed.
Asian Paints delivered 6.4% volume growth but faced severe gross margin pressure due to raw material inflation and a weak product mix.
Asian Paints declared an interim dividend of Rs 5.75 per equity share for FY 2026-27 at its 29 October 2026 board meeting. Record date is 04-11-2026 and payment is proposed by 13-11-2026.
Q2 FY27 standalone net sales up 14.8% to ₹8,424 cr; PAT up 14.6% to ₹1,096 cr. Gross margin down 339 bps to 40.3% on steep inflation.
Asian Paints Ltd reported revenue from operations of ₹9,976 Cr (+16.9% YoY) and net profit of ₹1,085 Cr (+6.6% YoY) for Q2 FY27.
The filing discloses the quarterly shareholding pattern of Asian Paints Ltd as of September 30, 2026, including details of promoter group holdings.