Asian Paints on Wednesday (December 18) announced the resignation of two senior management members. Shyam Swamy, Vice President of Home Improvement, Décor, Services & Retailing; and Vishu Goel, Associate Vice President of Retail Sales, Commercial & Marketing, resigned on December 17, 2024.
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“…this is to inform that Vishu Goel – Associate Vice President, Retail Sales, Commercial & Marketing, member of the Senior Management, has resigned from the services of the company. His resignation was accepted on 17th December 2024 and he has ceased to be an employee of the Company and a member of the Senior Management with effect from the close of business hours on 17th December 2024,” Asian Paints said in a regulatory filing.
In another filing, the company said, “…this is to inform that Shyam Swamy – Vice President, Home Improvement, Décor, Services & Retailing, member of the Senior Management, has resigned from the services of the Company. His resignation was accepted on 17th December 2024 and he has ceased to be an employee of the company and a member of the Senior Management with effect from the close of business hours on 17th December 2024.”
Their resignations were accepted by the company, and they ceased to be employees and senior management members at the close of business on the same day. The company has not provided details on the reasons behind their departure.
Shares of Asian Paints Ltd ended at ₹2,345.70, down by ₹11.10, or 0.47%, on the BSE.
Also Read: Asian Paints shares fall as much as 9%, most since April 2021, after downgrades, target cuts
(Edited by : Shoma Bhattacharjee)
First Published: Dec 18, 2024 8:06 PM IST
