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Corporate Governance at Asian Paints
Asian Paints has always adopted a robust governance framework which played a critical role in ensuring that we remain true to our culture and values. The highest standard of corporate governance is the cornerstone of our long termism and continued success. It reflects in our business functions and in the manner with which we support the journey of our stakeholders.
Our undeterred adherence to the ideals of trust, respect, integrity and openness is what holds us steady amid challenging business contexts and landscapes. Our value system made up of integrity, customer passion and creative zeal is the platform that enables ours as well as our stakeholders’ successes. The sound governance systems and processes in place are empowering co-creation and partnerships while an unwavering focus on sustainability and safety is what makes us a truly responsible enterprise.
Codes and Policies
Asian Paints Limited is committed to good corporate governance and has consistently maintained its organisational culture as a remarkable confluence of high standards of Professionalism, Growth, and Building Shareholder Equity with principles of Fairness, Ethics and Corporate Governance in spirit.
Employee Benefit Scheme Documents
The Shareholders of the Company at the Annual General Meeting held on 29th June 2021, had approved the Asian Paints Employee Stock Option Plan 2021 for grant of stock options to the eligible employees
Compliance Report on Corporate Governance
Board of Directors
Composition of Committees of Board of Directors
Terms of Reference of the Committees
Letter of Appointment for Independent Directors
Letter of Appointment for Additional and Non-Executive Director
Familiarisation Programme of Independent Directors
S R B C & CO LLP (“SRBC”), is a limited liability partnership firm incorporated in India and is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (“ICAI”) with ICAI Firm Registration No. 324982E/E300003, having a valid peer review certificate. SRBC is part of S. R. Batliboi & Affiliates, a network of firms registered with the ICAI. Established in 2002, SRBC has its registered office in Kolkata and has offices across key cities in India.
All the network firms including SRBC are primarily engaged in providing audit and assurance services, tax consultancy and financial accounting advisory services to its clients.
They along-with their network firms audit listed and private companies across diverse market segments.
Mr. Arvind Sethi is the signing partner for the Company.
Dr. K. R. Chandratre is a Practising Company Secretary with over 40 years of experience. He is a fellow member of the Institute of Company Secretaries of India (FCS No.: 1370 & COP No.: 5144). He holds a:
- Master’s degree in Commerce
- Law degree
- Doctorate degree from the University of Pune
He has secured several academic and professional distinctions and honours. He was:
- The President of the Institute of Company Secretaries of India during 1996 and the Vice-President for two years, 1994 and 1995.
- A member of the Working Group on Redrafting of the Companies Act, 1956 constituted by the Government of India in August 1996, to draft a new Companies Act to be substituted for the Companies Act, 1956.
- A member of Advisory Committee on Primary Markets of Securities and Exchange Board of India (SEBI) during 1996.
- The Chairman of the Committee on ‘Delisting of Securities’ constituted by the SEBI in March 1997.
- The Chairman of Corporate Legislation sub-committee of Mahratta Chamber of Commerce and Industries, Pune, during 1997-98 & 1998-99 and a member of Legal Affairs Committee of Bombay Chamber of Commerce & Industry, Bombay.
- A SEBI-nominated Public Representative Director and Chairman of the Board and the President of the Pune Stock Exchange, during April 2004 to April 2005.
- A Member of the Expert Group constituted by SEBI in October 2004 under the Chairmanship of Justice Kania to suggest further amendments to the SEBI Act, 1992.
He has copious published writings to his credit. He has so far authored over 1000 articles and 26 books, on various subjects in the areas of Corporate Laws and Corporate Secretarial Practice. Many of his articles have bagged awards as best articles. He is also an active participant in seminars, workshops, conferences, and conventions, and has, so far, addressed more than 500 such programmes, besides contributing papers at the National & International levels.
His office is located in Pune.
Joshi Apte and Associates is a firm of Practicing Cost Accountants (Firm Registration No.: 000240). They offer services in the domain of Cost and Management Accounting and other consultancy.
They have a client base spread across the country and operate through their offices spread across India. Their head office is situated in Pune, India.
The partners of the firm are professionals with experience working both in Industry and Practice.
They have exposure in various spectrum of the industries belonging to Automotive and ancillaries, Foundry/Forgings, Chemicals, Healthcare, Education, Service Industries, Packaged Food, Construction Industry, Sugar & Industrial Alcohol, Mining, Hatcheries, Electricity, Electrical Products, Steel Plants, Media, etc.
| Rating Agency | Date | Facilities | Rating | Link of intimation |
| Crisil Ratings Limited | 12th May 2026 | Long - term/short- term bank loan facilities | CRISIL AAA/Stable/ CRISIL A1+ | - |
| India Ratings and Research Pvt. Limited | 24th June 2026 | Long - term/short- term bank loan facilities | IND AAA/Stable/ IND A1+ | Credit Rating India Ratings |
| Crisil Ratings Limited | 10th September 2026 | Long - term/short- term bank loan facilities/ Non Convertible Debentures# Short Term Debt# | Crisil AAA/Stable/ Crisil A1+ Crisil AAA/Stable Crisil A1+ | Crisil Ratings |
#Not issued/sanctioned
| Rating Agency | Date | Rating /Score | Link of intimation |
| Crisil ESG Ratings & Analytics Limited | 10th July 2026 | Crisil ESG 68 | ESG rating CRISIL |
| ESG Risk Assessments & Insights Limited | 15th July 2026 | 68 | ESG Rating ERAIL |
| SES ESG Research Pvt Limited | 24th July 2026 | 76.8 | ESG Rating SES |
| SES ESG Research Pvt Limited | 28th July 2026 | 76.9 | ESG Rating SES |
| NSE Sustainability Ratings and Analytics Limited | 2nd September 2026 | 71 | ESG Rating NSE Sustainability |
| Niche Ninety Nine Capability and Certifications (OPC) Private Limited | 18th September 2026 | 72 | ESG Rating Niche99 |
| Rating Agency | Date | Rating/Score | Link of intimation |
| ESG Risk Assessments & Insights Limited | 28th January 2026 | 62 | ESG Rating ERAIL |
| NSE Sustainability Ratings and Analytics Limited | 9th December 2025 | 71 | - |
| Details of Company’s Business | Click Here |
| Memorandum of Association and Articles of Association | Click Here |
| Brief profile of board of directors including directorship and full-time positions in body corporates | Click Here |
| Terms and conditions of appointment of Independent Directors | Click Here |
| Composition of Board of Directors | Click Here |
| Composition of Committees of Board of Directors | Click Here |
| Code of conduct of Board of Directors and Senior Management Personnel | Click Here |
| Whistle Blower policy | Click Here |
| Criteria of making payments to Non-Executive Directors | Click Here |
| Policy on dealing with and Materiality of Related Party Transactions | Click Here |
| Policy for determining Material Subsidiaries | Click Here |
| Details of Familiarisation Programmes imparted to Directors | Click Here |
| Contact details for Grievance Redressal | Click Here |
| Notice of Board Meeting and Financials Results | Click Here |
| Annual Report and related documents | Click Here |
| Shareholding Pattern | Click Here |
| Details of agreements entered into with the media companies and/or their associates | Not Applicable |
| Schedule of Analyst/Institutional Investors meets and presentations made thereto | Click Here |
| Audio/Video Recording and Transcript of Earnings Calls | Click Here |
| Name Change | Not Applicable |
| Newspaper Advertisements for Financial Results | Click Here |
| Newspaper Advertisements for Notice to Shareholders | Click Here |
| Credit Ratings | Click Here |
| Subsidiary Financial Statements | Click Here |
| Secretarial Compliance Report | Click Here |
| Policy on determination of Materiality of Events/Information | Click Here |
| Authorised Key Managerial Personnel to determine materiality of events/information and for making disclosures to Stock Exchanges | Click Here |
| Stock Exchange Disclosures | Click Here |
| Statement of deviation(s) or variation(s) | Not Applicable |
| Dividend Distribution Policy | Click Here |
| Annual Return | Click Here |
| Employee Benefit Scheme Documents | Click Here |
Statutory Filings
Intimation under Regulation 30 of the Listing Regulations, 2015 – Appointment of Additional and Independent Director of the Company
The Board of Directors at its meeting held on 7th September 2026, approved the appointment of Mr. Leo Puri (DIN: 01764813) as an Additional and Independent Director for a first term of five (5) consecutive years commencing from 7th September 2026 to 6th September 2031, subject to shareholders'
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 – Intimation of Schedule of Analyst/Institutional Investor meeting
This is to inform you that the Company through its representatives will be participating in the conference as per enclosed communication.
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 – ESG Rating
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Niche Ninety Nine Capability and Certifications (OPC) Private Limited, a SEBI registered Category – II ESG Rating Provider, has, independently assigned the Compa
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 – Commencement of commercial production at the VAE manufacturing facility at Dahej, Gujarat
This is with reference to our earlier disclosures regarding the establishment of manufacturing facilities for Vinyl Acetate Ethylene Emulsion (VAE) and Vinyl Acetate Monomer (VAM), together with an ethylene storage and handling facility, at Dahej, Gujarat. We wish to inform you that the Company
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 –Credit Rating
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Crisil Ratings Limited (“Crisil Ratings”) has vide its release dated 10th September 2026, reaffirmed its credit rating assigned to the Company.
Download PDFDisclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Shareholder’s approval for the appointment of Ms. Shubhlakshmi Dani as a Non-Executive Director of the Company
Please find enclosed the disclosure with respect to shareholders’ approval for the appointment of Ms. Shubhlakshmi Dani (DIN: 02942138) as Non-Executive Director of the Company via Postal Ballot.
Download PDFIntimation of Schedule of Analyst/Institutional Investor meeting pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015
This is to inform you that the Company through its representatives will be participating in the conference as per enclosed communication
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 –ESG Rating
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that NSE Sustainability Ratings & Analytics Ltd., a SEBI registered Category – I ESG Rating Provider (‘NSE Sustainability’), has, in
Download PDFCompliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 read with Para A Part A of Schedule III of the Listing Regulations, please find enclosed copies of notice given to shareholders regarding transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority published in the following newspapers on 2
Download PDFRegulation 30 of SEBI Listing Regulations – Newspaper Advertisement
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of the newspaper advertisement published in the newspapers on 11th August 2026, inter alia, informing about the resolution proposed to be passed by Postal Ballo
Download PDFNotice of Postal Ballot of Asian Paints Limited
Find enclosed the postal ballot notice dated 29th July 2026 seeking shareholders' approval for appointment of Ms. Shubhlakshmi Dani as Non- Executive Director of the Company.
Download PDFRegulation 30 of the SEBI (LODR) Regulations, 2015 – Transcript of the Investor Conference 29.07.2026
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the transcript of the Investor Conference held on Wednesday, 29th July 2026, with regard to the business and financial performance of
Download PDFRegulation 30 of the SEBI (LODR) Regulations, 2015 – Audio Recording of the Investor Conference for the quarter ended 30th June 2026
The audio recording of the Investor Conference held on the business and financial performance of the Company for the quarter ended 30th June 2026, has been uploaded on the website of the Company. Please find enclosed herewith the intimation in this regard.
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 – Revised ESG Rating
This is in continuation to our letter bearing reference no. APL/SEC/57/2026-27/18 dated 27th July 2026, wherein it was informed that SES ESG Research Pvt. Ltd., a SEBI registered Category – II ESG Rating Provider (‘SES’), had, independently assigned the Company an Environmental, Social and Gove
Download PDFIntimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investor Presentation
Please find enclosed the presentation to be made to the investors on the business and financial performance of the Company for the quarter ended 30th June 2026.
Download PDFOutcome of Board Meeting - Financial Results
The Board of Directors at their meeting held today, i.e., Wednesday, 29th July 2026, have, inter alia, approved the audited standalone and unaudited consolidated financial results of the Company for the quarter ended 30th June 2026.
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 – Appointment of Additional and Non- Executive Director of the Company
This is to inform you that the Board of Directors of the Company at their meeting held today i.e. Wednesday, 29th July 2026, based on the recommendations of the Nomination and Remuneration Committee, have unanimously approved the appointment of Ms. Shubhlakshmi Dani (DIN: 02942138) as an Additi
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 – ESG Rating
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that SES ESG Research Pvt. Ltd., a SEBI registered Category – II ESG Rating Provider (‘SES’), has, independently assigned the Compan
Download PDFIntimation of Investor Conference Call pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015
This is in continuation of our letter no. APL/SEC/51/2026-27/18 dated 6th July 2026, wherein it was informed that the management would be holding an investor’s conference call on Wednesday, 29th July 2026, to discuss the business and financial performance of the Company for the quarter ended 30
Download PDFThis is to inform you that ESG Risk Assessments & Insights Limited, a SEBI registered Category – I ESG Rating Provider (‘ERAIL’), has, independently assigned the Company an Environmental, Social and Governance (‘ESG’) Rating of ‘68’. The Company continues to be placed in the ‘Strong’ category a
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 – ESG Rating
This is to inform you that Crisil ESG Ratings & Analytics Limited, a SEBI registered Category – I ESG rating provider (‘Crisil ESG Ratings’), has independently assigned the Company an Environmental, Social and Governance (‘ESG’) Rating.
Download PDFDisclosure under Regulation 30 of the Listing Regulations – Appointment of Mr. Sudhir Sitapati and re-appointment of Mr. Milind Sarwate as Independent Directors of the Company
The Company had informed the Stock Exchanges vide letters dated 29th May 2026 that the Board, based on the recommendation of the Nomination and Remuneration Committee and subject to shareholders’ approval, had approved: (i) the appointment of Mr. Sudhir Sitapati (DIN: 09197063) as an Additiona
Download PDFDisclosure under Regulation 30 of the Listing Regulations – Appointment of Statutory Auditors of the Company
The shareholders of the Company at their 80th Annual General Meeting (‘‘AGM’’) held on 9th July 2026, have approved the appointment of S R B C & Co. LLP, Chartered Accountants (Firm Registration No. 324982E/E300003) (“SRBC”) as the Statutory Auditors of the Company to hold office for a term of
Download PDFIntimation under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
This is to inform that a meeting of the Board of Directors of the Company will be held on Wednesday, 29th July 2026, inter alia, to consider and approve 1. audited standalone financial results of the Company for the quarter ended 30th June 2026; and 2. unaudited consolidated financial results o
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 – Credit Rating
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that India Ratings and Research vide its release dated 24th June 2026, assigned the credit rating to the bank loan facilities of the Company as per enclosed communica
Download PDFIntimation of Schedule of Analyst/Institutional Investor meeting pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015
This is to inform you that the management representatives would be meeting the members of the Promoter(s) & Promoter(s) Group on Friday, 26th June 2026 at 4.00 pm (IST) onwards in Mumbai, to brief them on the financial performance of the Company for the financial year ended 31st March 2026
Download PDFCompliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Newspaper Publication regarding Notice of 80th Annual General Meeting and e-Voting information
Pursuant to Regulation 30 of the Listing Regulations, please find enclosed copies of notices given to shareholders in accordance with applicable provisions of the Listing Regulations and the Companies Act, 2013 read with Rules made thereunder, inter alia, informing them about 80th Annual Genera
Download PDFCompliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Letter to shareholders in relation to Integrated Annual Report of the Company for the financial year 2025-26
Pursuant to Regulation 36(1)(b) of the Listing Regulations, the Company has sent letters to those shareholders who have not registered their email addresses with the Company or the Registrar and Share Transfer Agent or the Depository Participant(s), providing the weblink for accessing the Notic
Download PDFCompliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of the Listing Regulations, we hereby enclose the copies of the Notice issued for attention of the shareholders in respect of information regarding 80th Annual General Meeting scheduled to be held on Thursday, 9th July 2026 through video conference/other audio-visual m
Download PDFRegulation 30 of the SEBI (LODR) Regulations, 2015 – Transcript of the Investor Conference 29.05.2026
Pursuant to Regulation 30 of the Securities and Exchange Board of India (LODR) Regulations, 2015, please find enclosed the transcript of the Investor Conference held on Friday, 29th May 2026, with regard to the business and financial performance of the Company for the quarter and financial year
Download PDFDisclosure of Related Party Transactions for the half year ended 31st March 2026
Please find enclosed the disclosure of Related Party Transactions for the half year ended 31st March 2026
Download PDFAnnual secretarial compliance report for the financial year ended 31st March 2026
Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, enclosed herewith is the Annual Secretarial Compliance Report issued by Dr. K. R. Chandratre, Practising Company Secretary (C.P. No. 5144), for the financial year ended 31st March 2026.
Download PDFRegulation 30 of the SEBI (LODR) Regulations, 2015 – Audio Recording of the Investor Conference for the financial year ended 31st March 2026
The audio recording of the Investor Conference held on the business and financial performance of the Company for the quarter and financial year ended 31st March 2026, has been uploaded on the website of the Company. Please find enclosed herewith the intimation in this regard
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 – Re-appointment of Independent Director of the Company
This is to inform you that the Board of Directors of the Company at their meeting held today i.e. Friday, 29th May 2026, based on the recommendation of the Nomination and Remuneration Committee, have unanimously approved the re-appointment of Mr. Milind Sarwate (DIN: 00109854) as an Independent
Download PDFIntimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investor Presentation
Please find enclosed the presentation to be made to the investors on the financial performance of the Company for the quarter and financial year ended 31st March 2026.
Download PDFOutcome of Board Meeting - Financial Results, Financial Statements, Dividend and Annual General Meeting
The Board of Directors at their meeting held today i.e., Friday, 29th May 2026, have, inter alia, approved the audited standalone and consolidated financial results of the Company for the quarter and financial year ended 31st March 2026 and the audited standalone and consolidated financial stat
Download PDFIntimation under Regulation 30 of the Listing Regulations, 2015 – Appointment of additional and Independent Director of the Company
This is to inform you that the Board of Directors of the Company at their meeting held today i.e. Friday, 29th May 2026, based on the recommendations of the Nomination and Remuneration Committee, have unanimously approved the appointment of Mr. Sudhir Sitapati (DIN: 09197063) as an Additional a
Download PDFIntimation of Schedule of Analyst/Institutional Investor meeting pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015
This is to inform you that the Company through its representatives, will be participating in the following conferences as per enclosed communication
Download PDFIntimation of Schedule of Analyst/Institutional Investor meeting pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015
This is to inform you that the management representatives of the Company would be organizing in-person group meetings with Institutional Investors and Analysts as per enclosed communication.
Download PDFIntimation under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
This is to inform you that a meeting of the Board of Directors of the Company will be held on Friday, 29th May 2026, inter alia, to consider the following 1. Approval of audited standalone financial results of the Company for the quarter and financial year ended 31st March 2026; 2. Approval of
Download PDFCompliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 read with Para A Part A of Schedule III of the Listing Regulations, please find enclosed copies of notice given to shareholders regarding transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority published in the following newspapers on 2
Download PDFFinancial Results
The Asian Paints financial reports outline our performance over the years. Take a closer look.
Ten Year Performance Report
Special Window for transfer and dematerialisation of physical securities
This is to inform that SEBI vide its Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30th January 2026 (“SEBI Circular”), has decided to open a special window for a period of one year from 5th February 2026 to 4th February 2027 to facilitate transfer and dematerialisation of physical shares of the Company which were sold/purchased prior to 1st April 2019 and/or were rejected/returned/not attended to due to deficiency in the documents/process/or otherwise.
Applicability of Special Window
Lodged for transfer before 1st April 2019? | Original Share Certificate available? | Eligible to lodge in special window |
No (it is fresh lodgement) | Yes | Yes (subject to conditions stated in the said SEBI Circular) |
Yes (it was rejected/returned earlier) | Yes | |
Yes | No | No |
No | No | No |
During this period, the re-lodged transfer requests that are found to be in order and complete in all respects in line with the SEBI Circular, will be issued only in dematerialised form and shall be under lock-in for a period of one year from the date of registration of transfer. Such securities shall not be transferred/lien-marked/ pledged during the said lock-in period.
The eligible investors who wish to avail the said opportunity are requested to submit necessary documents in this regard to our Registrar to an Issue and Share Transfer Agent:
MUFG Intime India Private Limited
(formerly Link Intime India Private Limited)
(Unit: Asian Paints Limited)
C-101 ,1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai – 400 083
Tel No.: +91 810 811 8484 | Fax: +91 22 4918 6060 | Toll Free number: 1800 2100 124
Website: https://in.mpms.mufg.com | Email: investor.helpdesk@in.mpms.mufg.com
Applicable Circulars issued by SEBI:
SEBI Circular dated 30th January 2026 – Special Window for transfer and dematerialisation of physical securities
SEBI Master Circular dated 6th February 2026 – Master Circular for Registrars to an Issue and Share Transfer Agents
Saksham Niveshak – Second 100 day Campaign for KYC and Related Updations and Shareholder Engagement to Prevent Transfer of Unpaid/Unclaimed Dividends to IEPF
In terms of the provisions of Section 124(5) of the Companies Act, 2013 (‘the Act’) read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer, and Refund) Rules, 2016 (“IEPF Rules”) (including any statutory modification(s) and/or re-enactment(s) thereof for the time being in force), any dividend remaining unpaid or unclaimed for a period of 7 (seven) years from the date of transfer to Unpaid Dividend Account, shall be transferred by the Company to the Investor Education and Protection Fund (‘IEPF’) established by the Central Government.
Further, in terms of the provisions of Section 124(6) of the Act read with the IEPF Rules, the shares in respect of which dividend is unpaid or unclaimed for a period of 7 (seven) consecutive years or more, shall also be transferred to the IEPF Authority.
Details of such unclaimed dividends and shares are regularly updated on the websites
of the Ministry of Corporate Affairs (‘MCA‘) (www.mca.gov.in) and the Company (www.asianpaints.com).
The Investor Education and Protection Fund (“IEPF”) Authority as per its broader drive for investor education and facilitation, has decided to launch Second 100 day Campaign – Saksham Niveshak, to enable the shareholders for KYC and Related Updation and Shareholder Engagement to Prevent Transfer of Unpaid/Unclaimed Dividends to IEPF during the period from 1st April 2026 to 9th July 2026.
As per SEBI Notification dated 18th November 2025 read with Master Circular for Registrars to an Issue and Share Transfer Agents dated 6th February 2026, companies must pay dividends to shareholders only through electronic mode. Accordingly, dividends are withheld by the Company where bank details are inadequate or not registered for electronic remittance. Further, the shareholders holding shares in physical form are requested to register their PAN and KYC details with the Company/RTA for release of outstanding dividend(s). While the shareholders holding shares in demat form are requested to update their bank details with their Depository Participant(s) for release of outstanding dividend(s).
Accordingly, in case of physical folio, if any of such updated details/documents are not registered with the Company, such folio(s) shall be considered as KYC non-compliant, and such shareholder(s) shall be eligible to receive any dividend/interest payments only through electronic mode effective from 1st April 2024, upon updation of the required details with MUFG Intime India Private Limited, Company’s Registrar to an Issue and Share Transfer Agent (‘RTA‘), at the earliest.
The members are herewith urged again to update their KYC details and bank mandates in order to receive the dividends in electronic form.
The eligible shareholders are requested to submit the following documents to enable the Company to release outstanding dividends:
Shareholders holding shares in demat form: Update bank mandates with the concerned Depository Participant and submit a duly signed request letter along with updated Client Master List with RTA of the Company.
Shareholders holding shares in physical form: Submit necessary investor service request forms for updation of PAN, contact details, bank mandates, and specimen signature with RTA of the Company.
Details of Registrar to an Issue and Share Transfer Agent of the Company:
MUFG Intime India Private Limited
(formerly Link Intime India Private Limited)
(Unit: Asian Paints Limited)
C-101 ,1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai – 400 083
Tel No.: +91 810 811 8484 | Fax: +91 22 4918 6060 | Toll Free number: 1800 2100 124
Email: investor.helpdesk@in.mpms.mufg.com
Website: https://in.mpms.mufg.com
Form ISR-1 – Register / Change PAN & KYC Details
Form ISR-2 – Confirmation of Signature of shareholder by Bank
Form SH-13 – Registration of Nomination
Form ISR-3 – Declaration Form for Opting-out of Nomination
Shareholder's Referencer
Shareholder Service Request
Shareholder Service Request Forms
Form ISR-1 - Register / Change PAN & KYC Details (Fillable PDF)
Form ISR-2 - Confirmation of Signature of Securities Holder by Bank (Fillable PDF)
Form ISR-3 - Declaration Form for Opting-out of Nomination (Fillable PDF)
Form SH-13 - Registration of Nomination (Fillable PDF)
Form SH-14 - Cancellation or Variation of Nomination (Fillable PDF)
Form ISR-4 - Request for Issue of Duplicate Certificate and Other Service Requests
Form ISR-5 - Transmission Request Form
Name Deletion/Name Change/Transposition Form
Procedure for Transmission and Issue of Duplicate Share Certificate
Procedure for Issue of Duplicate Share Certificate
Procedure for Transmission of Shares
Affidavit for difference in name of deceased shareholder
Affidavit for updation of specimen signature (IEPF)
Affidavit for difference in name of shareholder (IEPF)
Circulars issued by SEBI in relation to Shareholder Service Requests
SEBI Circular dated 3rd Nov, 2021 & 14th Dec, 2021 (Common Simplified Norms for Processing Investor Requests & Clarifications Thereof)
SEBI Circular dated 25th January, 2022 (Issuance of Securities in Dematerialized Form in Case of Investor Service Requests)
SEBI Circular dated 18th May, 2022 (Simplification of procedure and standardization of formats of documents for transmission of securities)
SEBI Circular dated 25th May, 2022 (Simplification of procedure and standardization of formats of documents for issuance of duplicate securities certificates)
SEBI Circular dated 16th March, 2023 (Common and simplified norms for processing investor’s service requests by RTAs and norms for furnishing PAN, KYC details and Nomination)
SEBI Circular dated 20th September, 2023 (Redressal of investor grievances through the SEBI Complaint Redressal (SCORES) Platform and linking it to Online Dispute Resolution platform.)
SEBI Circular dated 26th September, 2023 (Extension of timelines (i) for nomination in eligible demat accounts and (ii) for submission of PAN, Nomination and KYC details by physical security holders; and voluntary nomination for trading accounts)
SEBI Circular dated 27th December 2023 (Extension of timelines for providing ‘choice of nomination’ in eligible demat accounts and mutual fund folios)
SEBI Master Circular dated 28th December, 2023 (Online Resolution of Disputes in the Indian Securities Market)
SEBI Circular dated 10th June 2024 (Ease of Doing Investments – Non-submission of ‘Choice of Nomination’)
SEBI Circular dated 14th May 2025 (Investor Charter for Registrars to an Issue and Share Transfer Agents)
SEBI Circular dated 2nd July 2025 (Ease of Doing Investment – Special Window for Re-lodgement of Transfer Requests of Physical Shares)
SEBI Master Circular dated 6th February 2026 for Registrars to an Issue and Share Transfer Agents
Forms for TDS on Dividend
Investor Education and Protection Fund
In terms of provisions of the Notification dated 14th August, 2019 issued by the Ministry of Corporate Affairs amending the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (IEPF Rules), the details of the Nodal Officer are as under:
Name of the Nodal Officer :
Mr. R J Jeyamurugan,
Email : investor.relations@asianpaints.com
Pursuant to Section 124(2) of the Companies Act, 2013 (the Act), the Company shall, within a period of 90 (ninety) days of making any transfer to Unpaid Dividend Account in terms of Section 124(1) of the Act, prepare a statement containing the names, their last known addresses and the unpaid dividend to be paid to each person and place it on the website of the Company.
Accordingly, the relevant information pertaining to the unclaimed dividend transferred to Unpaid Dividend Account is uploaded for the information of the shareholders.
Pursuant to Sections 124(5) of the Act read with Rules framed thereunder, the Company is required to transfer to the Investor Education and Protection Fund (IEPF), the amount of dividend remained unpaid or unclaimed for a period of 7 (seven) years from the date of transfer to the Unpaid Dividend Account.
In pursuance to the IEPF Rules, as amended from time to time, the Company must identify and upload details of unclaimed dividend as on the date of closure of financial year on their website.
Accordingly, the relevant information relating to the details of unclaimed dividend as on the date of closure of financial year is uploaded for the information of the shareholders.
Pursuant to Section 124(6) of the Act read with Rule 6 of IEPF Rules, the Company is required to transfer shares in respect of which dividend has not been paid/claimed for 7 (seven) consecutive years or more to the Demat Account of IEPF Authority.
In terms of Rule 6 of IEPF Rules, the Company shall upload the details of such shareholders and the shares due for transfer to IEPF on its website.
Accordingly, the relevant information relating to the unpaid dividend and shares is uploaded for the information of the shareholders.
Any person whose shares, unclaimed dividend has been transferred to IEPF, may claim the shares under Section 124(6) of the Act or apply for refund under Section 125(3) of the Act, by submitting an application in Web Form IEPF-5 as specified by the IEPF Authority from time to time in consultation with the Central Government.
The access link for Web Form IEPF-5 from the website of IEPF Authority (www.iepf.gov.in) is provided herewith.
CLICK HERE to download the form
FY 2026-27 (Final Dividend 2025-26)
Download PDFFY 2025-26 (Interim Dividend 2025-26)
Download PDFFY 2024-25 (Final Dividend 2024-25)
Download PDFFY 2023-24 (Final Dividend 2023-24)
Download PDFFY 2023-24 (Interim Dividend 2023-24)
Download PDFFY 2022-23 (Final Dividend 2022-23)
Download PDFFY 2022-23 (Interim Dividend 2022-23)
Download PDFFY 2022-23 (Final Dividend 2021-22)
Download PDFFY 2021-22 (Interim Dividend 2021-22)
Download PDFFY 2021-22 (Final Dividend 2020-21)
Download PDFFY 2020-21 (Interim Dividend 2020-21)
Download PDFFY 2020-21 (Final Dividend 2019-20)
Download PDFFY 2019-20 - (Final Dividend 2018-19)
Download PDFFY 2019-20 - (1st Interim Dividend 2019-20)
Download PDFFY 2019-20 (2nd Interim Dividend 2019-20)
Download PDFFY 2018-19 - (Interim Dividend 2018-19)
Download PDFFY 2018-19 - (Final Dividend 2017-18)
Download PDFFY 2017-18 - (Interim Dividend 2017-18)
Download PDFFY 2017-18 - (Final Dividend 2016-17)
Download PDFFY 2025-26
Download PDFFY 2024-25
Download PDFFY 2023-24
Download PDFFY 2022-23
Download PDFFY 2021-22
Download PDFFY 2020-21
Download PDFFY 2019-20
Download PDFFY 2018-19
Download PDFFY 2017-18
Download PDFFY 2016-17
Download PDFFY 2015-16
Download PDFFY 2014-15
Download PDFFY 2013-14.pdf
Download PDFFY 2012-13
Download PDFFY 2011-12
Download PDFFY 2010-11
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 28/06/2019 till 27/11/2025)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 01/11/2018 till 30/06/2025)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 23/06/2018 till 28/11/2024)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 03/11/2017 till 27/06/2024)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 26/08/2017 till 13/11/2023)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 05/11/2016 till 10/11/2022)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 29/06/2016 till 10/11/2022)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 31/10/2015 till 10/11/2021)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 06/07/2015 till 10/11/2021)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 26/09/2014 till 12/11/2020)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 26/06/2014 till 07/08/2020)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 29/10/2013 till 06/03/2020)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 25/06/2013 till 02/11/2019)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 02/11/2012 till 01/11/2018)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 26/06/2012 till 01/11/2018)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 01/11/2011 till 03/11/2017)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 27/06/2011 till 03/11/2017)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 04/11/2010 till 05/11/2016)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 19/07/2010 till 05/11/2016)
Download PDFShares in respect of which Dividend has not been paid or claimed for seven consecutive years (Dividend Payment dates: 30/10/2009 till 05/11/2016)
Download PDFCorporate Action History
Stock Quotes
Memorandum & Articles of Association
Model Tripartite Agreement to be entered into between the Issuer Company, Existing Share Transfer Agent and New Share Transfer Agent as per SEBI (LODR) Regulations, 2015 (in case of change of Share Transfer Agent)
Note: The said Model Tripartite Agreement has been uploaded on the website of the Company as per the provisions of SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/79 dated 25th May, 2023. There is no change in the Registrar and Share Transfer Agent of the Company. The Registrar and Share Transfer Agent of the Company continues to be TSR Consultants Private Limited
Annual General Meeting (AGM)
Board Meeting Calendar
Financial Year : 1st April to 31st March.
For the year ended 31st March, 2026, quarterly finanicial results were announced on:
29th July 2025 | First Quarter |
| 12th November 2025 | Second Quarter and Half Yearly |
27th January 2026 | Third Quarter and Nine Months |
29th May 2026 | Fourth Quarter and Annual |
Tentative schedule for declaration of financial results during the financial year 2026-27
29th July 2026 | First Quarter |
| 29th October 2026 | Second Quarter and Half Yearly |
19th January 2027 | Third Quarter and Nine Months |
12th May 2027 | Fourth Quarter and Annual |
Investor Presentations
Company Contact Details
Asian Paints Limited,6A & 6B,
Shantinagar, Santacruz (East),
Mumbai - 400 055, Maharashtra, India
Tel: +91-22-6218 1000 | Fax: +91-22-6218 1111
| SHARES RELATED | |||
Name of the Employee | Designation | Telephone No. | Email Id |
Ms. Swati Baliwada | Assistant Manager – Secretarial | +91-22‐6218 1186 | |
Mr. Sahil Makkar | Manager – Secretarial | +91-22‐6218 1097 | |
Mr. Jay Shah | Senior Manager – Secretarial | +91-22‐6218 1184 | |
| IEPF RELATED | |||
Name of the Employee | Designation | Telephone No. | |
Mr. Yash Kadu | Executive – Secretarial | +91-22-6218 1105 | |
Ms. Akshata Khetmal | Assistant Manager – Secretarial | +91-22-6218 1189 | |
Mr. Jay Shah | Senior Manager – Secretarial | +91-22-6218 1184 | |
Ms. Saloni Arora Deputy Company Secretary Tel: +91-22-6218 1188 | Mr. R J Jeyamurugan CFO & Company Secretary Tel: +91-22-6218 1188 |
In case of any query / complaint / feedback, submit details directly to the Company:
Thank You !!
Registrar to an Issue and Share Transfer Agent Contact Details
MUFG Intime India Private Limited (formerly
known as Link Intime India Private Limited)
C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai - 400083
Telephone: +91 810 811 8484
Fax: (022) 4918 6060
Toll-Free No: 1800 2100 124
(exclusive for Asian Paints shareholders)
Email: investor.helpdesk@in.mpms.mufg.com
Website: https://in.mpms.mufg.com
AHMEDABAD
MUFG Intime India Private Limited
5th Floor, 506 to 508,
Amarnath Business Centre-1 (ABC-1)
Beside Gala Business Centre
Nr. St. Xavier's College Corner
Off. C.G. Road, Ellisbridge
Ahmedabad - 380006
Tel: 079 - 2646 5179
Workdays and Timings:
Monday to Friday
10.00 AM - 5.00 PM
COIMBATORE
MUFG Intime India Private Limited
Surya 35, Mayflower Avenue,
Behind Senthil Nagar,
Sowripalayam Road,
Coimbatore - 641028
KOLKATA
MUFG Intime India Private Limited
Rasoi Court, 5th floor
20, Sir R N Mukherjee Road,
Kolkata – 700001
Tel : 0422-2314792 / 4958995 / 2539835/36
Workdays and Timings:
Monday to Friday
10.00 AM - 5.00 PM
Tel: 033 69066200
Workdays and Timings:
Monday to Friday
10.00 AM - 5.00 PM
NEW DELHI
MUFG Intime India Private Limited
Noble Heights, 1st Floor,
Plot No. NH-2, C-1 Block, LSC,
Near Savitri Market, Janakpuri,
New Delhi – 110058
Tel: 011 - 49411000
Workdays and Timings:
Monday to Friday
10.00 AM - 5.00 PM
PUNE
MUFG Intime India Private Limited
Block No. 202,
2nd Floor, Akshay Complex,
Near Ganesh Temple,
Off Dhole Patil Road,
Pune - 411001
Tel: 020 - 4601 4473
Workdays and Timings:
Monday to Friday
10.00 AM - 5.00 PM
VADODARA
MUFG Intime India Private Limited
Geetakunj, 1, Bhakti Nagar Society,
Behind ABS Tower, Old Padra Road,
Vadodara - 390015
Tel: 0265 - 3566 768
Workdays and Timings:
Monday to Friday
10.00 AM - 5.00 PM
MUMBAI
MUFG Intime India Private Limited
Building 17/19,
Office No. 415 Rex Chambers, Ballard Estate,
Walchand Hirachand Marg, Fort,
Mumbai - 400001
Workdays and Timings:
Monday to Friday
10.00 AM - 5.00 PM
BENGALURU
MUFG Intime India Private Limited
C/o. Mr. D. Nagendra Rao Vaghdevi 543/A,
7th Main 3rd Cross,
Hanumanthnagar
Bengaluru - 560019
Tel: +91-80-26509004
Workdays and Timings:
Monday to Friday
10.00 AM - 5.00 PM
JAMSHEDPUR
MUFG Intime India Private Limited
Qtr. No. L-4/5,
Main Road, Bistupur
(Beside Chappan - Bhog Sweet Shop)
Jamshedpur - 831001
Tel: +91-657-2426937
Workdays and Timings:
Monday to Friday
10.00 AM - 5.00 PM
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