Indigo Paints Appoints Aloke Singh as Chief Strategy Officer Mar 24, 2026
Indigo Paints has appointed Aloke Singh as Chief Strategy Officer, strengthening its leadership team with a focus on strategic planning and execution. This key appointment reflects the company's commitment to enhancing its management capabilities and driving future growth initiatives in the competitive paints and coatings market.
Indigo Paints Participates in Bidding for Land Acquisition in Sector 29, Gurugram Mar 18, 2026
Indigo Paints Appoints Industry Veteran Narayanankutty K. Venugopal as Additional Executive Director
Indigo Paints Limited has appointed Mr. Narayanankutty Kottiedath Venugopal as an Additional Executive Director for a five-year term starting June 1, 2025, subject to shareholder approval. Mr. Venugopal, 76, brings over 40 years of paint industry experience, including roles at Asian Paints and Hi-Build Coatings. He holds a B.Sc. in Mechanical Engineering and a PGDM from IIM Calcutta. The appointment was approved by the Board on July 24, 2025, and complies with regulatory requirements.
30May 25
Peak XV Partners Exits Indigo Paints with ₹158 Crore Stake Sale
Peak XV Partners, formerly Sequoia Capital India & SEA, has sold its entire 3.18% stake in Indigo Paints through open market transactions, generating ₹158.00 crore. The sale was executed at an average price of ₹1,046.45 per share. Kotak Mahindra Mutual Fund acquired the shares on the National Stock Exchange. This exit could impact investor confidence and the ownership structure of Indigo Paints, a key player in the Indian paint industry known for innovative products and marketing strategies.