Ashok Kumar Gupta Managing Director and CEO at Shalimar Paints
A seasoned industry veteran, he is steering a strategy that positions Shalimar Paints amongst the country’s leading paint companies. Responsible for piloting the company’s growth strategy, he implements robust risk management practices and develops contingency plans to address potential challenges. His vision calls for embracing cutting-edge solutions to help drive success and generate value for customers, employees, and shareholders.
Mr. Gupta became a part of Shalimar Paints in November 2019, where his innovative approach triggered a remarkable transformation and successfully facilitated a substantial rights issue. These funds, allocated as working capital, played a pivotal role in Shalimar Paints achieving positive EBITDA in the current fiscal year and attaining a tremendous year-on-year business growth. In the past, at Jindal Stainless, Mr. Ashok Gupta played a significant role in revamping the company from a loss-making entity to a profitable enterprise. His exemplary expertise at APL Apollo Tubes Limited also led to unparalleled achievements and remarkable success.
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