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Asian Paints informs about announcement regarding covid-19

23 Mar 2020 Evaluate

Asian Paints has informed that the Company has been taking a series of measures in view of the COVID-19 pandemic to ensure safety and health of all its employees and to ensure compliance with various directives being issued by Central/State/Municipal authorities. In view of the lockdown in many of the States across the country, the operations in most of its locations are disrupted. The operations in all the manufacturing and most of the sales locations, including Home Improvement and Industrial business, will be shut down in the next twenty-four hours. All the employees in its offices have been instructed to work from home. The duration of this shutdown will depend upon directives to be further issued by the respective Government authorities in this regard. The Company will continue to closely monitor the situation and take appropriate action as per regulatory guidance.

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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