Kansai Nerolac Paints has completed the sale of its Chennai land measuring 15.86 acres for a consideration of Rs 537.86 crore. The company has sold the land together with the buildings on it to Perungudi Real Estate, a special purpose vehicle formed by Brigade Enterprises and Reco-Caspia, a GIC Singapore affiliate company.
Kansai Nerolac Paints is amongst the leading paint companies in India. The company’s manufacturing facilities are located at Uttar Pradesh, Maharashtra, Tamil Nadu and Haryana.
| Company Name | CMP |
|---|---|
| Asian Paints | 2516.30 |
| Berger Paints India | 484.35 |
| Kansai Nerolac Paint | 203.90 |
| JSW Dulux | 2881.45 |
| Indigo Paints | 838.00 |
| View more.. | |
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