Kansai Nerolac Paints to merge two subsidiaries with itself

30 Jul 2019

Kansai Nerolac Paints has received approval for Scheme of Amalgamation of the company's wholly owned subsidiaries -- Marpol and Perma Construction Aids with the company. The Board of Directors of the Company at its meeting held on July 29, 2019 has approved the same.

The merger will provide benefits of synergy, economies of scale, growth and expansion to the company.

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.

Related Kansai Nerolac Paints Ltd. Links:

Kansai Nerolac Paint Share Price

581.30 3.60 (0.62%) Mar 08, 18:37
1 Year Price Chart
Company Name CMP
Asian Paints 2383.30
Berger Paints India 712.60
Kansai Nerolac Paint 581.30
Akzo Nobel India 2203.00
Shalimar Paints 92.65
View more..
Sensex vs Kansai Nerolac Paint
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323