Asian Paints Limited announced that its shareholders have approved the appointment of Ms. Shubhlakshmi Dani as a Non-Executive Director. This approval was secured through a postal ballot and remote e-voting process. Ms. Dani, whose appointment is effective immediately, is related to existing directors and is part of the Promoter Group. The company confirmed she is not debarred from holding directorships.
Board Expansion Approved
Asian Paints Limited has received shareholder approval for the appointment of Ms. Shubhlakshmi Dani as a Non-Executive Director. The resolution to this effect was passed via a postal ballot, including remote e-voting. This decision follows an initial approval by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.
Director Appointment Details
The ordinary resolution for Ms. Shubhlakshmi Dani’s (DIN: 02942138) appointment was formally deemed passed on Wednesday, 9th September 2026, which was the last day for remote e-voting. Ms. Dani will serve as an Additional and Non-Executive Director, subject to retirement by rotation. This appointment is a key step in maintaining board composition and corporate governance standards.
Related Party Information
It is noted that Ms. Shubhlakshmi Dani is the spouse of former Non-Executive Director, Mr. Hasit Dani, and sister-in-law of current Non-Executive Director, Mr. Malav Dani. She is also identified as a member of the Promoter(s) Group of Asian Paints. The company has confirmed she has no other relationships with existing Directors or Key Managerial Personnel.
Director Compliance
Furthermore, Asian Paints has affirmed, to the best of its knowledge and based on confirmation from Ms. Dani herself, that she has not been debarred from holding the office of Director by any order from SEBI or any other authority. She has also affirmed that she is not disqualified under Section 164 of the Companies Act, 2013.
Source: BSE
