The Board of Directors of Shalimar Paints Limited has at its meeting held on June 28, 2023, considered and approved the Mr. Mohit Kumar Donter has tendered his resignation from the post of Chief Financial Officer and Key Managerial Personnel of the Company with effect from close of business hours of June 30, 2023, due to personal reasons. Based on the recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee, Mr. Davinder Dogra has been appointed as the Chief Financial Officer and Key Managerial Personnel of the Company effective from July 01, 2023. Mr. Davinder Dogra is a qualified Chartered Accountant and B. Com (H) with +25 years of post-qualification experience in the field of Planning, Treasury, Governance & Compliance, Controlling, Investor Relations, Financial Accounting & Taxation.

He has a wide & multi sectoral experience in the field of Finance & Accounts having worked with large multinational & leading Indian Companies. In his previous 3 stints, he had been in leadership roles and was Divisional CFO with DLF Ltd. - Retail Assets, CFO with DFM Foods Ltd. (leading FMCG Company) & lastly as President Finance & Accounts - Best Agrolife Limited (an agrochemical Company). In his earlier roles, he has worked with Pepsi Foods, Pernord Ricard & Airtel.

In a carrier spanning over 25 years, he has handled various accounting & finance roles as Manufacturing Finance, Sales Accounting & Credit Control, Financial Controller, Investor Relations, Funding & Treasury, Secretarial etc.