Asian Paints Limited (ASIANPAINT) — Board Meeting | 27 March 2025(3 announcements)

· NSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
1 Board Meeting 🟡 Notable Neutral 📄 PDF

The board approved the appointment of Ashish Choksi as an Additional and Non-Executive Director effective 1 April 2025, pending shareholder approval, and confirmed he meets all regulatory eligibility criteria.

2 Board Meeting 🟡 Notable Neutral 📄 PDF

The board accepted the resignation of Non-Executive Director Jigish Choksi effective March 31, 2025, to focus on family business, with the board acknowledging his contributions and noting his continued role in the promoters group.

3 Board Meeting 🟡 Notable Neutral 📄 PDF

The board approved an additional Rs. 690 crores capex for the Dahej VAM/VAE plant, raising the total project cost to Rs. 3,250 crores. Funding will combine equity in APPPL and external debt. The move expands Asian Paints' polymer manufacturing capacity in Gujarat, targeting higher-margin specialty products.

About Asian Paints Limited (ASIANPAINT)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹2,49,928.58 Cr P/E: 65.0 ROE: 19.8% ROCE: 26.0%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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