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.