With reference to the earlier letter dated July 21, 2015, September 14, 2015 and October 28, 2015, Asian Paints has now informed that as part of the Company’s plan to consolidate its investments in the overseas subsidiaries, Asian Paints (International) Limited (APIL), Mauritius, a wholly owned subsidiary of the Company has transferred its entire holding of 60% held in the subsidiary Company, Asian Paints (Vanuatu) to Berger International, Singapore, a wholly owned subsidiary of APIL.
The above information is a part of company’s filings submitted to BSE.
