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Asian Paints informs about divestment

17 Sep 2019 Evaluate

In accordance with Regulation 30 of Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations), Asian Paints has informed that Asian Paints International Private Limited, Singapore (APIPL), wholly owned subsidiary company of the Company, has today, divested its entire stake in Berger Paints Singapore (BPS), wholly owned subsidiary of APIPL to Omega Property Investments, Australia.

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

Peers
Company Name CMP
Asian Paints 2446.00
Berger Paints India 450.75
Kansai Nerolac Paint 182.20
JSW Dulux 3151.75
Indigo Paints 1132.10
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