Berger Paints Re-appoints Abhijit Roy as Managing Director & CEO for Four Years
Berger Paints (I) Limited announced that the Board of Directors, based on the recommendations of the Compensation and Nomination and Remuneration Committee, has recommended the re-appointment of Mr. Abhijit Roy as the Managing Director and CEO.The re-appointment is set for a period of four years, effective from July 1, 2027, extending until June 30, 2031. The appointment is subject to approval from the shareholders at the company's ensuing Annual General Meeting, following the conclusion of Mr. Roy’s current term on June 30, 2027.
Appointment Details
The board’s decision confirms Mr. Abhijit Roy (DIN: 03439064) in his leadership role. The new tenure is structured as follows:| Detail | Information |
|---|---|
| Name of Director | Mr Abhijit Roy (DIN: 03439064) |
| Period of Re-appointment | 4 years |
| Effective Start Date | July 1, 2027 |
| Tentative End Date | June 30, 2031 |
| Status | Executive Director not liable to retire by rotation |
Career Background
Mr. Abhijit Roy possesses extensive experience in sales, coupled with a strong understanding of the market, consumers, and contemporary marketing strategies. His professional profile highlights expertise in branding strategies, business promotion, financial management, and strategic planning.Mr. Roy has been recognized with the Distinguished Alumni Award 2023 by IIM, Bangalore. He recently represented India at the prestigious Coatings Summit 2025 in Singapore, an event that gathered over 100 global CEOs from renowned companies. Additionally, he was invited to speak about the Indian Paints Industry and Berger Paints at the 22nd edition of the India Conference held at the Harvard Business School, where his topic was 'The Art of Building Timeless Indian Brands'.
For context, Mr. Roy was initially appointed as Managing Director and CEO by the Board of Directors on May 30, 2012, for a period of five years, effective July 1, 2012. His role was subsequently re-appointed on May 30, 2016, for five years starting July 1, 2017, and further re-appointed on May 26, 2021, for five years commencing July 1, 2022.
BERGEPAINT Stock Price Movement
Berger Paints (I) Limited shares slipped by 0.98% today, settling at ₹488.1. The stock traded on a volume of 273,268 shares, finding its trading range between ₹479 and ₹498.55.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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