Asian Paints Ltd.

Asian Paints’ indirect subsidiary Berger International (BIPL), Singapore, has entered into a share purchase agreement (SPA) with the ANSA Coatings International, St. Lucia (ANSA Coatings) for divestment of its entire stake in Lewis Berger (Overseas Holdings), UK (LBOH), wholly owned subsidiary of BIPL, which in turn holds 100 percent stake in Berger Paints Barbados, 51 percent stake in Berger Paints Jamaica and 70 percent stake in Berger Paints Trinidad.

Asian Paints is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. The Company's business segments are Paints and Home Improvement.