In continuation to its letter no. APL/SEC/51/2024-25/3 dated 24th January 2025, wherein it was informed that the Hon’ble National Company Law Tribunal, Mumbai Bench (‘NCLT’), had sanctioned the Scheme of Amalgamation of Maxbhumi Developers and Sleek International (collectively referred to as ‘Transferor Companies’), wholly owned subsidiaries of Asian Paints (‘Transferee Company’ or ‘the Company’) with the Company (‘Scheme of Amalgamation’). Asian Paints has informed that the Transferor Companies and the Transferee Company have today 1st March 2025, filed the certified copy of the Order sanctioning the Scheme of Amalgamation, with the Registrar of Companies, Maharashtra, at Mumbai. Accordingly, the Effective Date of the Scheme of Amalgamation is 1st March 2025.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Asian Paints | 2516.30 |
| Berger Paints India | 484.35 |
| Kansai Nerolac Paint | 203.90 |
| JSW Dulux | 2881.45 |
| Indigo Paints | 838.00 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: