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Berger Paints’ promoter hike stake in the company

13 Dec 2013 Evaluate

Berger Paints India’s foreign promoter has bought 0.1% stake in the company on December 12, 2013. UK Paints India bought 3.50 lakh shares of the company at Rs 228.50 per share in a block deal on NSE. Vinu Dhingra was the seller in the transaction.

As on 30 September 2013, total promoter holding in Berger Paints India was 74.96%. UK Paints India held 45.64% stake in the company, while Vinu Dhingra owned 2.21% stake in Berger Paints India.

Berger Paints India manufactures and markets a range of decorative and industrial paint products and has operations throughout India.

Peers
Company Name CMP
Asian Paints 2335.00
Berger Paints India 469.35
Kansai Nerolac Paint 178.10
JSW Dulux 3053.45
Indigo Paints 1017.80
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