Shalimar Paints Appoints Kuldip Raina as MD & CEO
ECONOMY & POLICY

Shalimar Paints Appoints Kuldip Raina as MD & CEO

The Board of Directors of Shalimar Paints Limited has approved the appointment of Kuldip Raina as the company’s Managing Director and Chief Executive Officer (MD & CEO) for a term of three years, effective from April 10, 2025 to April 9, 2028. The appointment is subject to shareholder approval.

Raina, who joined the company in May 2022, currently serves as Director – Sales, Marketing and Strategic Sourcing. His promotion comes following the recommendation of the Nomination and Remuneration Committee and marks a strategic leadership transition aimed at accelerating growth and operational excellence.

With over three decades of leadership experience across the paints, FMCG, consumer products, and organised retail sectors, Raina is known for his ability to drive transformational growth and revitalise brands. His expertise spans strategic business planning, profit centre operations, and high-impact sales and marketing execution.

At Shalimar Paints, Raina has been instrumental in strengthening the brand’s market presence and forging key partnerships. Prior to this, he served as CEO of Nerofix Private Limited, a Kansai Nerolac Group company, where he helped establish the brand as a major player in adhesives and construction chemicals. His earlier stints include senior roles at Kansai Nerolac Paints, Jubilant Industries, Arvind Brands, and ITC Limited.

The company confirmed that Raina is not related to any existing director and is not debarred from holding a director’s position by SEBI or any other authority.

The board meeting in which the decision was made commenced at 6:29 p.m. and concluded at 7:00 p.m. on April 10. The disclosure has also been made available on the company’s website.

(BSE)    

The Board of Directors of Shalimar Paints Limited has approved the appointment of Kuldip Raina as the company’s Managing Director and Chief Executive Officer (MD & CEO) for a term of three years, effective from April 10, 2025 to April 9, 2028. The appointment is subject to shareholder approval.Raina, who joined the company in May 2022, currently serves as Director – Sales, Marketing and Strategic Sourcing. His promotion comes following the recommendation of the Nomination and Remuneration Committee and marks a strategic leadership transition aimed at accelerating growth and operational excellence.With over three decades of leadership experience across the paints, FMCG, consumer products, and organised retail sectors, Raina is known for his ability to drive transformational growth and revitalise brands. His expertise spans strategic business planning, profit centre operations, and high-impact sales and marketing execution.At Shalimar Paints, Raina has been instrumental in strengthening the brand’s market presence and forging key partnerships. Prior to this, he served as CEO of Nerofix Private Limited, a Kansai Nerolac Group company, where he helped establish the brand as a major player in adhesives and construction chemicals. His earlier stints include senior roles at Kansai Nerolac Paints, Jubilant Industries, Arvind Brands, and ITC Limited.The company confirmed that Raina is not related to any existing director and is not debarred from holding a director’s position by SEBI or any other authority.The board meeting in which the decision was made commenced at 6:29 p.m. and concluded at 7:00 p.m. on April 10. The disclosure has also been made available on the company’s website.(BSE)    

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement