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Kansai Nerolac Paints informs about outcome of board meeting

31 Jan 2017 Evaluate

Kansai Nerolac Paints has informed that the Board, at its Meeting held on January 31, 2017, has approved setting up of a paint manufacturing unit at Achutapuram, Visakhapatnam District in Andhra Pradesh having capacity of 60,000 KL per year, which is expandable in phases, at an estimated cost of Rs 304 Crores.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Asian Paints 2542.00
Berger Paints India 478.05
Kansai Nerolac Paint 196.05
JSW Dulux 271.80
Indigo Paints 913.60
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