The board of directors of Asian Paints Limited at their meeting held on March 28, 2020, have approved the appointment of Mr. Amit Syngle as an Additional Director/Managing Director and CEO (Key Managerial Person) of the Company effective from 1st April, 2020 for a period of three (3) years up to 31st March 2023, subject to the approval of the Shareholders at the upcoming Annual General Meeting of the Company. The Board also approved the other terms and conditions including his remuneration. The Board further placed on record, its appreciation of immense contribution made by Shri K B S Anand as the Managing Director & CEO of the Company from 1st April, 2012 to 31st March, 2020.

The company earlier informed that the Board of Directors at their meeting held on October 22, 2019, Mr. K B S Anand, Managing Director & CEO will be retiring from the Company on 31st March, 2020.