Kansai Nerolac Paints has completed the formalities for the acquisition of the equity stake and has acquired the 100% equity share holding of Perma Construction Aids. Earlier, the company had signed Share Purchase Agreement (SPA) to acquire 100% equity stake in Perma Construction Aids.
Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.