Asian Paints Limited at their meeting held on 28th March 2024 had, inter alia, appointed: 1. Dr. Gopichand Katragadda (DIN: 02475721) as an Additional Director in Independent capacity to hold office for a period of five consecutive years from 1st April 2024 to 31st March 2029, subject to the approval of the shareholders of the Company through Postal Ballot; and 2. Joshi Apte & Associates, Cost Accountants (Firm Registration No. 000240), as the Cost Auditors of the Company to audit the applicable cost accounting records of the Companys products for the financial year ended 31st March 2024 to fill the casual vacancy caused by the vacation in office of RA & Co., Cost Accountants. The remuneration payable to Joshi Apte & Associates, Cost Accountants shall be subject to ratification by the shareholders of the Company through Postal Ballot. In this regard, please find enclosed the Notice of Postal Ballot (Notice) together with the Explanatory Statement being sent to the members of the Company. In compliance with the provisions of the General Circular No. 09/2023 dated 25th September 2023 and other relevant Circulars issued by the Ministry of Corporate Affairs from time to time, this Notice is being sent only through electronic mode to all the members whose e-mail addresses are registered with the Company/Depositories and whose names appear in the Register of Members of the Company or Register of Beneficial Owners maintained by the Depositories as on Saturday, 30th March 2024 (Cut-off date). 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 on Tuesday, 9th April 2024 at 9.00 a.m. (IST) and ends on Wednesday, 8th May 2024 at 5.00 p.m. (IST). The remote e-voting module shall be disabled by NSDL thereafter. The results of the Postal Ballot will be announced on or before 5.00 p.m. IST on Friday, 10th May 2024. This is for your information and record.