Investors Landing Page

Corporate Governance
  • Corporate Governance at Asian Paints
  • Codes and Policies
  • 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
  • Familiarisation Programme of Independent Directors
  • Auditors
Disclosures under Regulation 46 of SEBI (LODR) Regulations
  • Disclosures under Regulation 46 of SEBI (LODR) Regulations
Financials and Statutory Fillings
  • Statutory Filings
  • Financial Results
  • Annual Reports
  • Ten Year Performance Report
Shareholder's Corner
  • Shareholder Service Request
  • Forms For TDS Exemption
  • Investor Education and Protection Fund
  • Corporate Action History
  • Stock Quotes
  • Shareholding Pattern
  • Memorandum & Articles of Association
  • Shareholder FAQs
  • Investor Grievance Policy
  • Model Tripartite Agreement
Meetings & Events
  • Annual General Meeting
  • Board Meeting Calendar
  • Investor Presentations
  • Postal Ballot
Investor Contacts
  • Company Contact Details
  • Registrar and Transfer Agent Contact Details

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.

 

Code of Conduct for Employees

Code of Conduct for Board Members and Senior Management Personnel

Code of Conduct for Business Partners

Policy for Prevention, Prohibition and Redressal of Sexual Harassment of Women at Workplace

Whistle Blower Policy

Code of Conduct to Regulate, Monitor and Report trading by Designated Persons

Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information

Nomination and Remuneration Policy

Dividend Distribution Policy

Risk Management Policy

Policy on Dealing with and Materiality of Related Party Transactions

Policy on determination of Materiality of Events/ Information

Policy for determining Material Subsidiaries

Policy on Archival of Information disclosed on the website of the Company

Abridged version of Internal Audit Charter

Policy on engagement of Statutory Auditors 

Advocacy Policy

Corporate Social Responsibility Policy

Board Diversity Policy

Information Security Policy

Policy on Equal Opportunity and Non-Discrimination

Environment Policy

Health and Safety Policy

Investors' Grievance Redressal Policy

 

Compliance Report on Corporate Governance

31 March 2024

Corporate Governance Report

Download PDF

31 December 2023

Corporate Governance Report

Download PDF

30 Sept 2023

Corporate Governance Report

Download PDF

30 June 2023

Corporate Governance Report

Download PDF

31 March 2023

Corporate Governance Report

Download PDF

31 December 2022

Corporate Governance Report

Download PDF

30 September 2022

Corporate Governance Report

Download PDF

30 June 2022

Corporate Governance Report

Download PDF

31 March 2022

Corporate Governance Report

Download PDF

31 December 2021

Corporate Governance Report

Download PDF

30 September 2021

Corporate Governance Report

Download PDF

30 June 2021

Corporate Governance Report

Download PDF

Composition of Committees of Board of Directors

Terms of Reference of the Committees

Letter of Appointment for Independent Directors

Familiarisation Programme of Independent Directors

Auditors

Statutory Auditors 

Deloitte Haskins & Sells LLP, Mumbai, the statutory auditors of the company, is registered with the Institute of Chartered Accountants of India (Registration No. 117366W/W-100018). The Firm has around 2,500 professionals and staff. DHS LLP has offices in Mumbai, Delhi, Kolkata, Chennai, Bangalore, Ahmedabad, Hyderabad, Coimbatore, Kochi, Pune, Jamshedpur and Goa. The registered office of the Firm is One International Center, Tower 3, 27th to 32nd Floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai - 400013, Maharashtra, India.

 

Mr. Rupen K. Bhatt is the signing partner for the Company. 

 

 

Secretarial Auditors

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.

 

Cost Auditors

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. 

 

 

 

 

Financial Results

 

The Asian Paints financial reports outline our performance over the years. Take a closer look.

Ten Year Performance Report

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

 

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 Master Circular dated 17th May, 2023 for Registrars to an Issue and Share Transfer Agents

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)

Forms for TDS on Dividend

Email Communication to Shareholders w.r.t TDS on Dividend Payment during the Financial Year 2024 - 25

Declaration for Non-Residents (PDF)

Declaration for Non-Residents (DOC)

Form No. 15G (PDF)

Form No. 15G (DOC)

Form No. 15H (PDF)

Form No. 15H (DOC)

Process Note for filing of Electronic Form 10F

Investor Education and Protection Fund

Details of the Nodal Officer for the purpose of co-ordinating with IEPF Authority 

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

 

Details of unclaimed dividend transferred to Unpaid Dividend Account

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.

Transfer of Unclaimed Dividend to IEPF

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.

Transfer of shares to IEPF

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.

Application to IEPF Authority for claiming unpaid dividend and shares transferred to IEPF

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

Go Back

Details of unclaimed dividend transferred to Unpaid Dividend Account

FY 2023-24 (Interim Dividend 2023-24)

Download PDF

FY 2022-23 (Final Dividend 2022-23)

Download PDF

FY 2022-23 (Interim Dividend 2022-23)

Download PDF

FY 2022-23 (Final Dividend 2021-22)

Download PDF

FY 2021-22 (Interim Dividend 2021-22)

Download PDF

FY 2021-22 (Final Dividend 2020-21)

Download PDF

FY 2020-21 (Interim Dividend 2020-21)

Download PDF

FY 2020-21 (Final Dividend 2019-20)

Download PDF

FY 2019-20 - (Final Dividend 2018-19)

Download PDF

FY 2019-20 - (1st Interim Dividend 2019-20)

Download PDF

FY 2019-20 (2nd Interim Dividend 2019-20)

Download PDF

FY 2018-19 - (Interim Dividend 2018-19)

Download PDF

FY 2018-19 - (Final Dividend 2017-18)

Download PDF

FY 2017-18 - (Interim Dividend 2017-18)

Download PDF

FY 2017-18 - (Final Dividend 2016-17)

Download PDF
Go Back

Transfer of Unclaimed Dividend to IEPF

FY 2022-23

Download PDF

FY 2021-22

Download PDF

FY 2020-21

Download PDF

FY 2019-20

Download PDF

FY 2018-19

Download PDF

FY 2017-18

Download PDF

FY 2016-17

Download PDF

FY 2015-16

Download PDF

FY 2014-15

Download PDF

FY 2013-14.pdf

Download PDF

FY 2012-13

Download PDF

FY 2011-12

Download PDF

FY 2010-11

Download PDF
Go Back

Transfer of shares to IEPF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Shares 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 PDF

Corporate Action History

Dividend Payout History

Paid-up Capital Evolution

Memorandum & Articles of Association

Investor Grievance Policy 

Asian Paints Limited - Investors' Grievance Redressal Policy 

Model Tripartite Agreement

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 Calendar

Financial Year : 1st April to 31st March.

For the year ended 31st March, 2023, quarterly finanicial results were announced on:

 

  26th July, 2022

  First Quarter 

  20th October, 2022

  Second Quarter and Half Yearly     

  19th January, 2023

  Third Quarter and Nine Months

   11th May, 2023

  Fourth Quarter and Annual


Tentative schedule for declaration of financial results during the financial year 2023-24

 

  25th July, 2023 

  First Quarter 

  26th October, 2023

  Second Quarter and Half Yearly     

 17th January, 2024

  Third Quarter and Nine Months

 Around 1st week of May 2024

  Fourth Quarter and Annual

Company Contact Details

Company Contact Details:

 

Asian Paints Limited, Asian Paints House
6A, Shantinagar, Santacruz (E),
Mumbai - 400 055, India.
Tel: +91-22-6218 1000 | Fax: +91-22-6218 1111 

Email : investor.relations@asianpaints.com

Contact details of the Investor Relations Team (including, for grievances) 

 

SHARES RELATED

Name of the Employee

Designation

Telephone No.

Email Id

Mr. Saurabh Mahadik

Executive – Corporate Secretarial

+91-22‐6218 1186

saurabh.mahadik@asianpaints.com

Mr. Sahil Makkar

Assistant Manager – Corporate Secretarial

+91-22‐6218 1097

sahil.makkar@asianpaints.com

Mr. Jay Shah

Manager – Corporate Secretarial

+91-22‐6218 1184

shah.jay@asianpaints.com

IEPF RELATED

Name of the Employee

Designation

Telephone No.

Email

Mr. Siddhant Vavekar

Executive – Corporate Secretarial

+91-22-6218 1105

siddhant.vavekar@asianpaints.com

Mr. Prathik Prabhu

Assistant Manager – Corporate Secretarial

+91-22-6218 3013

prathik.prabhu@asianpaints.com

Ms. Avani Yadav

Manager – Corporate Secretarial

+91-22-6218 1187

avani.yadav@asianpaints.com

 

 

For any escalations you may please contact: 

 

Ms. Saloni Arora

Deputy Company Secretary

Tel: +91-22-6218 1139

Email: saloni.fadnis@asianpaints.com                                 

Mr. R J Jeyamurugan

CFO & Company Secretary

Tel: +91-22-6218 1139

Emailrj.jeyamurugan@asianpaints.com   

In case of any query / complaint / feedback, submit details directly to the Company:

Thank You !!

Registrar and Transfer Agent Contact Details

Registered Office

Link Intime India Private Limited

(erstwhile TSR Consultants Private Limited)

C-101, 1st Floor, 247 Park,

L.B.S. Marg, Vikhroli (West)

Mumbai - 400083

Telephone: +91-810-811-8484

Fax: +91-22-66568494

Toll-Free No: 1800 2100 124

(exclusive for Asian Paints shareholders)

Email: csg-unit@tcplindia.co.in

Website: https://www.tcplindia.co.in

COLLECTION CENTER (MUMBAI)

Link Intime India Private Limited

(erstwhile TSR Consultants Private Limited)

Building 17/19, Office No. 415 Rex Chambers,

Ballard Estate, Walchand Hirachand Marg,

Fort, Mumbai - 400 001

 

Workdays and Timings:

Monday to Friday 

10.00 a.m. - 5.00 p.m. (excluding Bank Holidays)

COLLECTION CENTER (BANGALORE)

Link Intime India Private Limited

(erstwhile TSR Consultants Private Limited)

C/o. Mr. D. Nagendra Rao

"Vaghdevi" 543/A, 7th Main

3rd Cross, Hanumanthnagar

COLLECTION CENTER (JAMSHEDPUR)

Link Intime India Private Limited

(erstwhile TSR Consultants Private Limited)

Qtr No. L-4/5, Main Road, Bistupur,

(Beside Chappan Bhog Sweet Shop)

Jamshedpur - 831001

 

Tel: +91-80-26509004

Email: csg-unit@tcplindia.co.in

Workdays and Timings:

Monday to Friday 

10.00 a.m. - 5.00 p.m. (excluding Bank Holidays)

 

Tel: +91-657-2426937

Email:  csg-unit@tcplindia.co.in

Workdays and Timings:

Monday to Friday 

10.00 a.m. - 5.00 p.m. (excluding Bank Holidays)

CONTACT POINT (AHMEDABAD)

Link Intime India Private Limited

(erstwhile TSR Consultants Private Limited)

Amarnath Business Centre-1 (ABC-1)

Beside Gala Business Centre

Nr. St. Xavier's College Corner

Off. C.G. Road, Ellisbridge

Ahmedabad - 380006

 

Tel: +91-79-26465179

Email:  csg-unit@tcplindia.co.in

Workdays and Timings:

Monday to Friday 

10.00 a.m. - 5.00 p.m. (excluding Bank Holidays)

CONTACT POINT ( COIMBATORE)

Link Intime India Private Limited

Surya 35, Mayflower Avenue,

Behind Senthil Nagar, 

Sowripalayam Road,

Coimbatore - 641028

 

Tel: +91-0422-2314792

Email:  csg-unit@tcplindia.co.in

Workdays and Timings:

Monday to Friday 

10.00 a.m. - 5.00 p.m. (excluding Bank Holidays)

CONTACT POINT (KOLKATA)

Link Intime India Private Limited

(erstwhile TSR Consultants Private Limited)

Vaishno Chamber, Flat No. 502 & 503           

5th Floor,  6, Brabourne Road 

Kolkata - 700001

Tel: +91-33-40049728 / 33-40731698

Telefax: +91-33-40731698

Email: csg-unit@tcplindia.co.in

Workdays and Timings:

Monday to Friday 

10.00 a.m. - 5.00 p.m. (excluding Bank Holidays)

CONTACT POINT (NEW DELHI)

Link Intime India Private Limited

(erstwhile TSR Consultants Private Limited)

Noble Heights, 1st Floor

Plot No NH-2, C-1 Block, LSC

Near Savitri Market, Janakpuri

New Delhi - 110058

Tel: +91-11-41410592 / 93 / 94

Telefax: 011 - 41410591

Email:  csg-unit@tcplindia.co.in

Workdays and Timings:

Monday to Friday 

10.00 a.m. - 5.00 p.m. (excluding Bank Holidays)

CONTACT POINT (PUNE)

Link Intime India Private Limited

Block No. 202,

2nd Floor, Akshay Complex,

Near Ganesh Temple,

Off Dhole Patil Road,

Pune - 411001

 

Tel: +91-020-46014473

Fax: +91-020-26163503

Email:  csg-unit@tcplindia.co.in

Workdays and Timings:

Monday to Friday 

10.00 a.m. - 5.00 p.m. (excluding Bank Holidays)

CONTACT POINT ( VADODARA)

Link Intime India Private Limited

Geetakunj, 1, Bhakti Nagar Society,

Behind ABS Tower, Old Padra Road,

Vadodara - 390015

 

Tel: +91-0265-3566 768

Email:  csg-unit@tcplindia.co.in

Workdays and Timings:

Monday to Friday 

10.00 a.m. - 5.00 p.m. (excluding Bank Holidays)