Kansai Nerolac Paints Limited at the board meeting held on August 1, 2022 approved Mr. N. N. Tata has resigned as an Independent Director of the Company with effect from 10 August, 2022. Directorships indicating the category of Directorship: Trent Ltd. Non Executive, Non Independent Director, Chairperson. Voltas Ltd. Non Executive, Non Independent
Director, Chairperson. Tata Investment Corporation Ltd. Non Executive, Non Independent Director, Chairperson. Titan Company Ltd. Non Executive, Nominee Director. Tata Steel Ltd. Non Executive, Non Independent Director. Chairmanship/Membership of Committees in terms of Regulation 26 of Listing Regulations: Voltas Ltd. Stakeholders Relationship Committee
Chairman. Kansai Nerolac Paints Ltd. Audit Committee Member. Trent Ltd. Audit Committee Member and Voltas Ltd. Stakeholders Relationship Committee Member and appointed Mr. Bhaskar Bhat as an Independent Director, in the casual vacancy caused by the resignation of Mr. N. N. Tata. Mr. Bhaskar Bhat, aged 67 years, began his career in 1978 as a Management Trainee at Godrej & Boyce Manufacturing Company. After spending five years with Godrej, he joined the Tata Group. After that, he was associated with Titan Company Limited and retired on 30th September 2019, after serving as Managing Director of the Company from April 2002 to September 2019. Mr. Bhaskar Bhat is the Chairperson of the Board of
Governors of the National Institute of Technology, Tiruchirappali. He is associated with the Governance of TA Pai Management Institute and the National Institute of Design. He is a Board Member of IITM Pravartak Technologies Foundation. Mr. Bhat graduated in Mechanical Engineering from IIT Madras and completed his PGDBM from IIM Ahmedabad. He has been conferred the Distinguished Alumnus Award at IIT Madras and IIM Ahmedabad. Mr. Bhat is also a Director in Tata Sons Private Limited, Titan Company, Trent and CaratLane Trading Private Limited and Chairman of the Board of Rallis India and Tata SIA (Vistara). He is also the Lead Independent Director in Bosch India Ltd.
Kansai Nerolac Paints Limited is an India-based paint company. The Company is engaged in the manufacturing and supply of paints, varnishes, enamels or lacquers. It manufactures a diversified range of products ranging from decorative paints coatings for homes, offices, hospitals, and hotels to industrial coatings for various industries. It offers a portfolio of industrial coatings, which covers a range of automotive coatings, powder coatings, performance coatings liquid (covering both general industrial and high-performance coating), and auto refinish solutions. Its automotive coatings solutions include monocoat metallics, high mar resistant clear coats and super durable monocoats. Its performance coatings liquid solutions include zinc rich coatings, heat resistant coatings and floor coatings. Its powder coatings solutions include heat resistance powder rebar coatings and pipe coating powders. The Company's auto refinish solutions include putty-NC, polyester and body fillers.