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Retina Paints gets nod to incorporate wholly owned subsidiary

17 May 2024 Evaluate

Retina Paints has received approval for the incorporation of a wholly owned subsidiary by name ‘Retina Retail’. This subsidiary will specifically focus on the retail segment, aiming to enhance the company’s market presence and capitalize on growth opportunities in the retail sector. The Board of Directors of the company, at their meeting held on May 17, 2024, inter-alia approved the same. 

The company is engaged in the business of manufacturing of paints alkyed based, Epoxy based, polyurethane based, water based, emulsions-based distempers of all types, primers, anti-corrosive primers, and paints for decorative and specially applications. 


Peers
Company Name CMP
Asian Paints 2470.00
Berger Paints India 458.35
Kansai Nerolac Paint 188.95
JSW Dulux 3155.90
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