Asian Paints Ltd. — Board/Management Information 2021

Oct 21, 2021

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Name: Milind Sarwate

Education:

• Chartered Accountant (1983)

• Cost Accountant (1983)

• Company Secretary (1984)

• CII-Fulbright Fellow, Carnegie Mellon University, USA (1996)

Age: 62 years

DIN: 00109854

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Milind is the Founder & CEO of Increate Value Advisors LLP. (“Increate” means “Uncreated” or “Undiscovered”).

He provides advice & mentorship in business & social value creation, governance, and capability-building, leveraging his 38 years of experience including long stints as CFO and CHRO in Marico & Godrej.

Milind’s independent directorships, all with audit committee roles, cover companies across a range:

• 4 listed companies - Mahindra Finance, Metropolis Healthcare, SeQuent Scientific & Matrimony.com, and

• 5 unlisted companies – FSN e-Commerce (Nykaa), Hexaware, OmniActive Health, Eternis & WheelsEMI.

He has been on listed company boards since 2005. His previous board memberships include Mindtree, Geometric, Glenmark, International Paper, House of Anita Dongre, and CARE Ratings.

He invests in promising businesses and social enterprises. He has recently set up a not-for-profit Company, Increate Foundation-that will focus on SEWA segments- Specially-abled, Education, Women and Aspirant under-privileged. He also serves on the Advisory Board of Educo, a School Support NGO.

He has been awarded ICAI CFO Award (2011), CNBC TV-18 CFO Award (2012) & CFO India Hall of Fame induction (2013).