The Dani family comprises the heirs of the late former non-executive director of Asian Paints, Ashwin Dan, whose net worth was $8 billion at the time of his death on September 28.
Indian paints magnate Ashwin Dani, non-executive director of India-listed Asian Paints, passed away in Mumbai on Thursday at age 80 after a brief illness.
Ashwin Dani Death News: Ashwin Suryakant Dani, Co-founder and Non-Executive Director of Asian Paints, has passed away at the age of 81. He was a prominent Indian businessman and played a key role in the growth of Asian Paints, the largest paint company in India. Dani served as the Vice Chairman and Managing Director of the company from 1998 to 2009 and continued as a Non-Executive Director and Vice Chairman of the board thereafter.
In 1968, Dani began working for the business, which had a market value of Rs 3,00,000 crore as of September 28. From 1997 to 2009, he served as vice-chairman and managing director. Afterward, he was appointed non-executive chairman, a position from which Dani exited in 2021.
Ashwin Dani, former vice chairman and managing director of Asian Paints, India s largest paints company, has passed away at the age of 79. Dani played a crucial role in the company s rise to become the country s leading paints manufacturer. He introduced the first computerized color mixing program in India, which solidified Asian Paints position as the market leader. Under his leadership, the company expanded into multiple markets and its stock grew over tenfold.