Asian Paints Limited has appointed 49-year-old Sudhir Sitapati as an Additional and Independent Director for five consecutive years from May 29, 2026, to May 28, 2031. The appointment is subject to shareholder approval at the 80th annual general meeting.
The board approved the appointment at its meeting on May 29, 2026, based on the recommendation of the Nomination and Remuneration Committee. Asian Paints disclosed the development to BSE and NSE under Regulation 30 of SEBI Listing Regulations. R J Jeyamurugan, CFO and Company Secretary, signed the exchange filing.
Sitapati is Managing Director and CEO of Godrej Consumer Products, a position he has held since 2021. He leads Godrej Consumer Products' strategic direction and transformation in emerging markets. He serves as Chair of the CII FMCG Committee and previously co-chaired the CII National Committee on Food Processing.
Before joining Godrej Consumer Products, Sitapati spent over two decades at Unilever in leadership roles across India, Europe, Southeast Asia, and Africa. His last role was Executive Director of Foods and Refreshments at Hindustan Unilever.
He holds an MBA from IIM Ahmedabad and a BSc in Mathematics with Economics Honours from St. Xavier's College, Mumbai. IIM Ahmedabad awarded him the Young Alumni Achiever in 2017. He is the author of the book The CEO Factory.
Sitapati is not related to any director, key managerial personnel, or promoter or promoter group members of Asian Paints.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.