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regular-article-logo Tuesday, 05 November 2024

Change in top brass at Berger, Rishma Kaur named as chairperson

Kanwardip Singh Dhingra, non-executive and non-independent director, will be elevated to the post of vice-chairman of the company

A Staff Reporter Calcutta Published 10.08.24, 11:41 AM
Representational image

Representational image Sourced by the Telegraph

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.

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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.

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