Shareholders meeting

APL/SEC/57/2026-27/27 10th August 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 Scrip Code: 500820 Symbol: ASIANPAINT Sir/Madam, Sub: Notice of Postal Ballot of Asian Paints Limited ('the Company') This is in continuation to our letter no. APL/SEC/57/2026-27/19 dated 29th July 2026, wherein it was informed that the Board of Directors of the Company at their meeting held on 29th July 2026 had, inter alia, approved the appointment of Ms. Shubhlakshmi Dani (DIN: 02942138) as an Additional and Non-Executive Director of the Company, liable to retire by rotation, with effect from the same day, subject to the approval of the shareholders of the Company through Postal Ballot. In this regard, please find enclosed the Postal Ballot Notice dated 29th July 2026 together with the Explanatory Statement being sent to the members of the Company. In compliance with the provisions of the General Circular No. 03/2025 dated 22nd September 2025 and other relevant Circulars issued by the Ministry of Corporate Affairs (‘‘MCA’’) from time to time, this Notice is being sent only through electronic mode to all the members whose email addresses are registered with the Company/Registrar and Share Transfer Agent (“RTA”) and Depository Participant(s) and whose names appear in the Register of Members of the Company or Register of Beneficial Owners maintained by the Depositories, as on Friday, 31st July 2026 (‘Cut-off date’). The members whose e-mail address is not registered with the Company/RTA/Depository Participant(s), to receive the Notice, may register their e-mail address with MUFG Intime India Private Limited (formerly Link Intime India Private Limited), RTA of the Company in the manner as provided in the ‘Notes’ section of the enclosed Notice. The Company has engaged the services of National Securities Depository Limited (“NSDL”) to provide remote e-voting facility to its members. The remote e-voting period commences at 9.00 a.m. (IST) on Tuesday, 11th August 2026 and ends at 5.00 p.m. (IST) on Wednesday, 9th September 2026. The remote e-voting module will be disabled by NSDL thereafter. The instructions for remote e-voting are provided in the ‘Notes’ section of the enclosed Notice. The results of the Postal Ballot will be announced on or before 5.00 p.m. IST on Friday, 11th September 2026. The Notice is also being made available on the websites of the Company at www.asianpaints.com and NSDL at www.evoting.nsdl.com. You are requested to take the above information of record. Thanking you, Yours truly, For ASIAN PAINTS LIMITED R J JEYAMURUGAN CFO & COMPANY SECRETARY Encl.: As above Asian Paints Limited CIN: L24220MH1945PLC004598 Registered Office: 6A & 6B, Shantinagar, Santacruz (East), Mumbai – 400 055, Maharashtra, India Email: investor.relations@asianpaints.com; Website: www.asianpaints.com Phone No.: (022) 6218 1000 NOTICE OF POSTAL BALLOT Dear member(s), NOTICE of postal ballot is hereby given pursuant to the provisions of Section 110 and other applicable provisions of the Companies Act, 2013 (‘the Act’) read with the Companies (Management and Administration) Rules, 2014, General circular No. 03/2025 dated 22nd September 2025 and other relevant circulars issued by the Ministry of Corporate Affairs (‘MCA’) from time to time (‘MCA Circulars’), the Secretarial Standard - 2 on General Meetings issued by the Institute of Company Secretaries of India, and other applicable laws and regulations (including any statutory modification(s) and/or re-enactment(s) thereof, for the time being in force), that the Ordinary Resolution as set out in the notice for appointment of Ms. Shubhlakshmi Dani (DIN: 02942138) as a Non-Executive Director of the Company, liable to retire by rotation, is proposed to be passed by the members of the Company (as on the Cut-off Date as defined below) (‘Members’), through postal ballot (the ‘Postal Ballot’) by way of voting through electronic means ('remote e-Voting') only. In accordance with the provisions of the Act, read with the Rules made thereunder and MCA Circulars, the Postal Ballot notice is being sent only by email to those Members whose email addresses are registered with the Company/Depository Participants (‘DPs’) and whose names appear in the Register of Members of the Company or Register of Beneficial Owners maintained by the Depositories as on Friday, 31st July 2026. An Explanatory Statement pursuant to Sections 102 and 110 of the Act pertaining to the proposed resolution setting out the material facts and the reasons thereof form part of this Postal Ballot notice. SPECIAL BUSINESS RESOLUTION Appointment of Ms. Shubhlakshmi Dani (DIN: 02942138) as a Non-Executive Director of the Company, liable to retire by rotation To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to Sections 152, 161, and other applicable provisions of the Companies Act, 2013 (‘the Act’) read with the Companies (Appointment and Qualification of Directors) Rules, 2014 and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) and/or re-enactment(s) thereof, for the time being in force), the Articles of Association of the Company and based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors of the Company, Ms. Shubhlakshmi Dani (DIN: 02942138), who was appointed as an Additional Director in the capacity of Non-Executive Director of the Company with effect from 29th July 2026, and in respect of whom the Company has received a notice in writing under Section 160 of the Act, proposing her candidature for the office of Director, be and is hereby appointed as a Non-Executive Director of the Company, liable to retire by rotation, on such remuneration as may be recommended by the Board of Directors of the Company from time to time, which shall be within the maximum limits as approved by the shareholders of the Company. POSTAL BALLOT NOTICE 1 RESOLVED FURTHER THAT the Board of Directors and/or the Company Secretary of the Company, be and are hereby authorised to settle any question, difficulty, or doubt, that may arise in giving effect to this resolution and to do all such acts, deeds, and things as may be necessary, expedient, and desirable for the purpose of giving effect to this resolution and for matters concerned or incidental thereto.” By Order of the Board of Directors of Asian Paints Limited Sd/- R J Jeyamurugan CFO & Company Secretary Mumbai, 29th July 2026 Registered Office: 6A & 6B, Shantinagar, Santacruz (East), Mumbai – 400 055 Maharashtra, India Notes: 1. An Explanatory Statement pursuant to Sections 102 and 110 of the Companies Act, 2013 (‘the Act’) read with the Companies (Management and Administration) Rules, 2014, in respect of business to be transacted as mentioned in the Postal Ballot notice, and the relevant details of the Director as required by Regulation 36(3) of the Securities and Exchange Board of India (‘SEBI’) (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Listing Regulations’) and as required under the Secretarial Standard-2 on General Meetings issued by the Institute of Company Secretaries of India, is annexed hereto. 2. The members may note that this Postal Ballot notice will also be available on the website of the Company at www.asianpaints.com, the website of the Stock Exchanges on which the equity shares of the Company are listed i.e., BSE Limited (‘BSE’) at www.bseindia.com and National Stock Exchange of India Limited (‘NSE’) at www.nseindia.com and the website of NSDL at www.evoting.nsdl.com. Process for registration of email address for obtaining Postal Ballot notice: If your email address is not registered with the DPs (for shares held in demat form)/Company or [Showing first 8,000 characters — download PDF for full document]