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Kansai Nerolac Paints, Polygel complete acquisition of stake in Nerofix

24 Jan 2020 Evaluate

Kansai Nerolac Paints and Polygel Industries have completed the acquisition of 1.20 crore Equity Shares of Rs 10 each of Nerofix. Presently, Kansai Nerolac Paints has 60.00% and Polygel has 40.00% shareholding in Nerofix.

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.

Peers
Company Name CMP
Asian Paints 2333.00
Berger Paints India 474.05
Kansai Nerolac Paint 185.10
JSW Dulux 3050.15
Indigo Paints 1040.55
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