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APL/SEC/26/2026-27/22 30th July 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Security Code: 500820 Symbol: ASIANPAINT Sir/Madam, Sub: Minutes of the 80th Annual General Meeting (“AGM”) of the Company Please find enclosed the minutes of the 80th AGM of the Company held on Thursday, 9th July 2026. The minutes of the AGM are also being made available on the website of the Company (www.asianpaints.com). You are requested to take the above information on record. Thanking you, Yours truly, For ASIAN PAINTS LIMITED R J JEYAMURUGAN CFO & COMPANY SECRETARY Encl.: As above ASIAN PAINTS LIMITED MINUTES OF THE EIGHTIETH ANNUAL GENERAL MEETING OF ASIAN PAINTS LIMITED HELD ON THURSDAY, 9TH DAY OF JULY 2026 AT 11:00 A.M. IST THROUGH VIDEO CONFERENCE AND CONCLUDED AT 12:57 P.M. IST. THE DEEMED VENUE OF THE MEETING WAS THE REGISTERED OFFICE OF THE COMPANY AT 6A & 6B, SHANTINAGAR, SANTACRUZ (EAST), MUMBAI – 400 055, MAHARASHTRA, INDIA The Annual General Meeting (“meeting” or “AGM”) of Asian Paints Limited (“Asian Paints” or “the Company”) commenced at 11:00 a.m. IST. The meeting was attended by the following members of the Board of Directors of the Company through video conference: Name of the Designation Place of Details of Committee Membership/ Director attendance Chairpersonship Mr. R Seshasayee Independent Mumbai Chairman of the Investment Chairman Committee and a member of the Nomination and Remuneration Committee Mr. Manish Choksi Non-Executive Vice Mumbai Member of the Nomination and Chairman Remuneration Committee and the Investment Committee Mr. Amit Syngle Managing Director Mumbai Member of the Corporate Social & CEO Responsibility Committee and the Investment Committee Mr. Malav Dani Non-Executive United States Chairman of the Corporate Social Director of America Responsibility Committee and a member of the Investment Committee Ms. Amrita Vakil Non-Executive Mumbai Member of the Corporate Social Director Responsibility Committee and the Investment Committee Mr. Milind Sarwate Independent Thane Chairman of the Audit Committee and Director a member of the Risk Management Committee Ms. Nehal Vakil Non-Executive Mumbai Member of the Stakeholders Director Relationship Committee and the Risk Management Committee Ms. Ireena Vittal Independent Delhi Chairperson of the Risk Management Director Committee and a member of the Audit Committee Mr. Soumitra Independent Bengaluru Chairman of the Nomination and Bhattacharya Director Remuneration Committee and a member of the Audit Committee and Investment Committee Dr. Gopichand Independent Bengaluru Chairman of the Stakeholders Katragadda Director Relationship Committee and a member of the Corporate Social Responsibility Committee Mr. Varun Berry Independent Bengaluru Member of the Nomination and Director Remuneration Committee Mr. Ashish Choksi Non-Executive Mumbai Member of the Stakeholders Director Relationship Committee and the Risk Management Committee Name of the Designation Place of Details of Committee Membership/ Director attendance Chairpersonship Mr. Sudhir Sitapati Additional & Mumbai - Independent Director Mr. R J Jeyamurugan, CFO & Company Secretary, was also present and attended the meeting through video conference from Mumbai. Mr. Rupen Bhatt, Partner, Deloitte Haskins & Sells LLP, Chartered Accountants (Firm Registration Number: 117366W/W-100018), Statutory Auditors of the Company; Mr. Kulbhushan Rane, representative of Dr. K R Chandratre (Certificate of Practice No. 5144), Secretarial Auditor of the Company; and Mr. Ashish Thatte, Partner, Joshi Apte & Associates (Firm Registration No. 000240), Cost Auditors of the Company, attended the meeting through video conference by invitation. Mr. Makarand Joshi, Partner, Makarand M. Joshi & Co., Practicing Company Secretaries, was appointed as Scrutinizer by the Board to scrutinize the votes cast by remote e-Voting and e-Voting during the AGM in a fair and transparent manner, was also present at the meeting through video conference. A total of 158 members holding 24,13,88,415 shares (including authorised representatives) were present at the meeting through video conference. In accordance with Article 60 of the Articles of Association of the Company, Mr. R Seshasayee took the Chair and extended a warm welcome to all the shareholders, Board of Directors, Auditors, and their representatives to the 80th AGM of the Company. All the members of the Company were able to view the live webcast of the AGM by logging on to the e-Voting website of National Securities Depository Limited (“NSDL”). 1. The Chairman informed the members that the meeting was convened and conducted through video conference in accordance with the provisions of the Companies Act, 2013 (“the Act”) read with the Rules issued thereunder and the circulars issued by the Ministry of Corporate Affairs (“MCA”) and the Securities and Exchange Board of India (“SEBI”) and that the Company had taken all efforts to enable the members to participate in the meeting through video conference and vote on the resolutions placed before the members at the AGM in a seamless manner. 2. The Chairman, then informed the members that the participation of members through video conference was reckoned for the purpose of quorum as per the circulars issued by MCA. Requisite quorum being present, the Chairman called the meeting to Order. The quorum was present throughout the meeting. 3. The Chairman introduced the members of the Board of Directors of the Company and stated the details about their chairpersonships and memberships in the Committees of the Board of Directors of the Company. All the Directors of the Company present at the meeting were available to address the questions of the shareholders of the Company. 4. The Chairman also informed the members that Mr. Rupen Bhatt, Partner, Deloitte Haskins & Sells LLP, Chartered Accountants (Firm Registration Number: 117366W/W- ASIAN PAINTS LIMITED 100018), Statutory Auditors of the Company; Mr. Kulbhushan Rane, representative of Dr. K R Chandratre (Certificate of Practice No. 5144), Secretarial Auditor of the Company; and Mr. Ashish Thatte, Partner, Joshi Apte & Associates, (Firm Registration No. 000240), Cost Auditors of the Company, were present at the meeting. The shareholders also had an opportunity to interact directly with the Auditors if they desired on matters relating to the audits conducted by them and their reports thereto. 5. On request by the Chairman, Mr. R J Jeyamurugan, CFO & Company Secretary, provided general instructions to the members regarding participation and e-Voting in the meeting. He, inter alia, informed the members of the registers and documents which were statutorily required to be kept open and were available electronically for inspection by the members during the AGM upon log-in to NSDL e-Voting system. 6. He further stated that as the AGM was being held through video conference, the facility for appointment of proxies by the members was not applicable. Further, the requirement of proposing and seconding the resolutions was not applicable as the resolutions were put to vote through e-Voting. 7. The Chairman began his speech by apprising the members on the highlights of macro-economic environment, the Company’s initiatives, and its performance across the decorative business, home décor business, industrial coatings, and international business. He also provided an overview of the Company's initiatives relating to backward integration, competitive positioning, strategic priorities, innovation and future outlook. He also highlighted the progress made by the Company on its sustainability agenda and the Company’s Environment, Social and Governance (“ESG”) commitments. He recommended the resolutions placed in the Notice of AGM for the approval of the shareholders of the Company. A copy of the excerpts f [Showing first 8,000 characters — download PDF for full document]