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Asian Paints acquires balance 40% stake in White Teak

28 Jun 2025 Evaluate

Asian Paints has acquired the balance 40% of the equity share capital of White Teak for a consideration of Rs 188 crore from the promoters of White Teak. Accordingly, the company now holds 100% of equity share capital of White Teak, by virtue of which White Teak has become a wholly owned subsidiary of the company.

The acquisition of the remaining stake in White Teak would be a next step forward in the company’s foray of being a complete home decor solution provider and in accordance with the Definitive Agreements entered into by the company with White Teak and the promoters of White Teak. 

Asian Paints manufactures a wide range of paints for decorative and industrial use and also offers Wall Coverings, water proofing, adhesives and services under its portfolio.


Asian Paints Share Price

2473.70 -48.80 (-1.93%)
24-Apr-2026 12:27 View Price Chart
Peers
Company Name CMP
Asian Paints 2473.70
Berger Paints India 460.55
Kansai Nerolac Paint 195.95
JSW Dulux 2947.00
Indigo Paints 858.25
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