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Asian Paints acquires balance 49% stake in Sleek

11 Dec 2017 Evaluate

Asian Paints has purchased the balance stake (49% of the share capital) in Sleek International (Sleek) from the Ahuja Family and Sleek has now become a wholly owned subsidiary of the company.

The company had entered into a Shareholders Agreement with the Ahuja family and Sleek on August 8, 2013. The Shareholders Agreement with the Ahuja Family has been terminated as Sleek has now become a wholly owned subsidiary.

Asian Paints is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. The Company's business segments are Paints and Home Improvement.

Asian Paints Share Price

2516.30 52.90 (2.15%)
20-Apr-2026 16:59 View Price Chart
Peers
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
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