Shalimar Paints appoints Kuldip Raina as managing director & CEO

** The Board of Directors of Shalimar Paints approved the appointment of Mr. Kuldip Raina (DIN: 10956069) as the new Managing Director and Chief Executive Officer (MD & CEO) at a meeting held on April 10, 2025. Raina's appointment, based on the recommendation of the Nomination and Remuneration Committee, is for a term of three years, running from April 10, 2025, to April 09, 2028, subject to shareholder approval. The decision aligns with SEBI's Regulation 30 guidelines for disclosure requirements. Mr. Raina previously served as Director of Sales, Marketing, and Strategic Sourcing at Shalimar Paints, bringing over three decades of leadership experience across various industries. The meeting of the board of directors commenced at 6:29 p.m. and concluded at 7:00 p.m. Information on this appointment will be posted on the company website.