Shalimar Paints Appoints Kuldip Raina as MD & CEO

11 Apr 2025 CW Team

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)

Resources

03 Jun 2026

TKIL Industries Appoints Gaurav Srivastava as CFO

TKIL Industries has appointed Gaurav Kumar Srivastava as Chief Financial Officer (CFO), effective 1 June 2026. He succeeds Ketan Pendse, Chief Financial Officer and Whole-time Director, who is stepping down after more than two decades with the company. Srivastava previously served as Executive Vice President, Finance & Taxation.Announcing the appointment, Vivek Bhatia, Managing Director & CEO, TKIL Industries, thanked Pendse for his long-standing contribution to the organisation and wished him success in his future endeavours.Bhatia said, “Gaurav’s appointment reflects our continued focus ..

Siemens Launches Intelligence Center X for AI

Siemens has launched Intelligence Center X, an industrial AI orchestration software designed to help organisations move from isolated AI pilots to scalable business impact. The software enables people and AI agents to work together through shared context, workflows and lifecycle intelligence.Part of Siemens Xcelerator, Intelligence Center X connects industrial data, models and workflows on a governed foundation, allowing companies to deploy AI-driven applications and agents with traceability and control. It combines the Mendix low-code platform with Siemens’ Graph Studio and AI Studio softwa..

DIPA Adds Gruner Renewable Energy as Member

The Digital Infrastructure Providers Association (DIPA) has onboarded Gruner Renewable Energy as a new member to support the integration of green energy solutions into India’s telecom and digital infrastructure ecosystem.DIPA, India’s apex industry body for digital infrastructure providers and a key stakeholder under the National Broadband Mission 2.0 of the Department of Telecommunications, said the partnership aligns with its vision of building a zero-carbon and future-ready ecosystem.India’s telecom sector is among the country’s most energy-intensive industries, with towers, fibre n..