MoneyWorks4Me

Asian Paints acquires 51% stake in Weatherseal Fenestration

15 Jun 2022 Evaluate

Asian Paints has subscribed to 51% of the equity share capital of Weatherseal Fenestration comprising of 10,409 equity shares of Rs 10 each at a premium of Rs 18,091 per share, issued on preferential basis for an aggregate cash consideration of Rs 18.84 crore. Accordingly, Weatherseal Fenestration is now a subsidiary of the company.

Asian Paints is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. The Company's business segments are Paints and Home Improvement.

Asian Paints Share Price

2756.60 30.70 (1.13%)
13-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Asian Paints 2756.60
Berger Paints India 545.50
Kansai Nerolac Paint 209.25
JSW Dulux 3118.60
Indigo Paints 1130.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: