Shalimar Paints Limited has announced a major leadership change with the appointment of Kuldip Raina as the new Managing Director and Chief Executive Officer (MD & CEO). The decision was approved by the company’s Board of Directors and is effective from April 10, 2025, to April 9, 2028, pending approval from the shareholders.
This move comes after a recommendation from the Nomination and Remuneration Committee and represents a strategic shift aimed at accelerating business growth and operational excellence for the brand.
The Visionary Behind the Colours: Kuldip Raina
Kuldip Raina is a seasoned business leader with over 30 years of experience in the paints, FMCG, consumer products, and organised retail sectors. He joined Shalimar Paints in May 2022 and currently holds the position of Director – Sales, Marketing and Strategic Sourcing.
Raina is known for driving transformational growth and revitalising brands through strong business strategies, effective profit centre operations, and impactful sales and marketing initiatives. Before joining Shalimar Paints, he was the CEO of Nerofix Private Limited, part of the Kansai Nerolac Group, where he established the brand in the adhesives and construction chemicals market.
His professional journey also includes leadership roles at Kansai Nerolac Paints, Jubilant Industries, Arvind Brands, and ITC Limited. The company confirmed that he is not related to any current director and is not debarred by SEBI or any other authority.
About Shalimar Paints
Founded in 1902, Shalimar Paints is one of India’s oldest and most trusted paint companies. Known for innovation and quality, the company offers a wide range of decorative and industrial coatings. Shalimar has played a significant role in India’s infrastructure and real estate development by supplying premium paints and coatings for homes, factories, bridges, and more.
With a strong legacy and nationwide presence, Shalimar Paints is focused on expanding its market reach through innovation, sustainability, and customer-centric solutions.
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Leadership Change Aimed at Growth
Raina’s promotion marks a strategic leadership transition for Shalimar Paints. Under his leadership, the company aims to further strengthen its market presence, enhance customer engagement, and build key business partnerships.
His leadership approach is expected to drive the company towards sustainable growth while aligning with the latest trends in the paints and coatings industry.
