Parth Jindal
| Photo Credit:
ANI
Akzo Nobel India, which was taken over by JSW Paints, has appointed Parth Jindal, Managing Director, JSW Paints and JSW Cements, as Chairman.
The proposal, which came into effect from Friday, was approved by the board, subject to approval of the shareholders of the company.
The company has also appointed Shantanu Maharaj Khosla on the Board as an Independent Director with immediate effect till January 8, 2029.
Rajiv Rajgopal has been redesignated as Joint Managing Director and Chief Executive Officer from his current position of the Chairman and Managing Director.
Last December, JSW Paints completed the acquisition of Akzo Nobel India by acquiring a majority stake of 60.76 per cent from Akzo Nobel NV and its affiliates.
JSW Paints had already acquired 0.44 per cent stake from the public shareholders of Akzo Nobel India upon completion of an open offer and its stake now stands at 61.2 per cent.
Published on January 9, 2026
