New Delhi, Jan 9 (PTI) Paints maker Akzo Nobel India Ltd on Friday introduced the appointment of Parth Jindal as its Chairman with quick impact.
The board of administrators, at a gathering held on Friday, appointed Parth Jindal because the Chairman of the corporate with quick impact, topic to shareholders’ approval, Akzo Nobel India Ltd mentioned in a regulatory submitting.
Jindal is the Managing Director of JSW Paints Ltd & JSW Cements Ltd, it added.
Final yr, JSW Paints acquired a majority stake in AkzoNobel India in a ₹12,915-crore deal, subsequently turning into the corporate’s promoter.
The board additionally authorized re-designation of Rajiv Rajgopal as “Joint Managing Director & Chief Government Officer” with impact from January 9, 2026, from his present place of the Chairman and Managing Director, with the remainder of the phrases and situations of his appointment, as earlier authorized by the shareholders, remaining the identical, it added.
Additional, the board additionally authorized the appointment of Shantanu Maharaj Khosla as an unbiased further director for a interval of three years, until January 8, 2029, topic to the approval of the corporate’s shareholders, it added.
