People: Kansai Nerolac Paints Ltd (KANE.NS)
Shri. Pradip Panalal Shah serves as Non-Executive Independent Chairman of the Board of the Company. He was Independent Non-Executive Director of Kansai Nerolac Paints Limited since January 2007. He is a qualified Cost Accountant and ranked first in India in the Chartered Accountancy examinations. Mr. Shah also holds an MBA from Harvard Business School. He was the founder Managing Director of The Credit Rating Information Services of India Limited (CRISIL), India’s first and credit rating agency. Prior to founding CRISIL, Mr. Shah assisted in founding Housing Development Finance Corporation (HDFC) in 1977. Mr. Shah also served as a consultant to USAID, the World Bank and the Asian Development Bank. Mr. Shah started IndAsia, a corporate finance and private equity advisory business in April 1998. Prior to starting IndAsia, he helped establish the Indocean Fund in 1994. Mr. Shah has written a number of articles and given talks in India and abroad on credit rating, housing finance, capital markets, venture capital and other subjects. Mr. Shah is Chairman / member of the Board of Directors of the following Companies (excluding private companies, foreign companies and companies registered under Section 25 of the Companies Act, 1956): Chairman of Grindwell Norton Limited, Shah Foods Limited, Sonata Software Limited and Wyeth Limited and member of Board of Directors of BASF India Limited, Godrej & Boyce Mfg. Co. Limited, KSB Pumps Limited, Mukand Limited, Panasonic Energy India Company Limited, Pfizer Limited and Tata Investment Corporation Limited. Mr. Shah is a member of the following Board Committees (other than that of Kansai Nerolac Paints Limited) as required for the purposes of the Listing Agreement. Audit Committee of BASF India Limited, Panasonic Energy India Co. Limited, Pfizer Limited, Sonata Software Limited and Tata Investment Corporation Limited. Shareholders / Investors Grievance Committee of Panasonic Energy India Co. Limited and Pfizer Limited.
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