Berger Paints on Friday announced a change in the top management, marking the elevation of the next generation.
In a stock exchange filing, the paints major said its board has unanimously approved the appointment of Rishma Kaur as the chairperson. She is now a non-executive and non-independent director.
Kanwardip Singh Dhingra, non-executive and non-independent director, will be elevated to the post of vice-chairman of the company.
Chairman Kuldip Singh Dhingra and vice-chairman Gurbachan Singh Dhingra will be designated as chairman emeritus and vice-chairman emeritus to guide their successors and assist the board. The appointments will be effective from August 13, 2024.
Berger Paints on Friday reported a consolidated net profit of ₹354 crore for the quarter ended June 30, a decline of 0.2 per cent from ₹354.9 crore a year ago. Consolidated revenue from operations was ₹3,091 crore against ₹3,029.5 crore a year ago, representing an increase of 2 per cent.
