Asian Paints shares hit 52-week low amidst change in management

Shares of Asian paints Ltd fell 2.34 per cent to ₹2,290.90 on the BSE at 12.16 PM on Thursday and it hit a 52-week low of ₹2,266.00 during the session.

Asian Paints Ltd has announced that Mr. Shyam Swamy, Vice President, Home Improvement, Décor, Services & Retailing, has resigned from his position. His resignation was accepted on December 17, 2024.

According to its exchange filing, Mr. Ashish Rae has been appointed Associate Vice President – Retail Sales, Marketing & Commercial, effective January 2, 2025.

Furthermore, Mr. Gagandeep Singh Kalsi, Associate Vice President – Strategy, Business Development, would now also oversee Décor and Services, effective December 23, 2024. 

The stock hit a 52-week high of ₹3,422.00 on December 27,2023 and low of ₹2,266.00 on today’s trading session on the BSE.