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Asian Paints is thelargesthome decor company in India. The 80+yyr old company has major brands like Asian Paints, Berger, Apco, etc under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and uPVC windows.
Asian Paints has completed the merger of its wholly-owned subsidiary, Asian Paints (Polymers) Private Limited (AP Polymers), into the parent company. This strategic amalgamation became effective on March 31, 2026, following the filing of the scheme's order with authorities. The move consolidates the company's structure by fully integrating AP Polymers,...
Asian Paints Limited's merger with its wholly-owned subsidiary, Asian Paints (Polymers) Private Limited, has been sanctioned by the NCLT on March 10, 2026. This strategic move aims to boost operational synergy, optimize resource utilization, simplify the group structure, and cut administrative costs. Since Asian Paints (Polymers) is a wholly-owned subsidiary,...
Asian Paints (APL) is merging its wholly-owned subsidiary, Asian Paints (Polymers) (AP Polymers), into itself. This strategic amalgamation aims to unlock synergies in functions like procurement & supply chain, optimizing resource use. It will streamline operations, cut administrative costs, and align the business structure, given AP Polymers' original purpose for...
Asian Paints has acquired the remaining 40% stake in Obgenix Software Private Limited (brand: White Teak) for Rs. 188 Cr, making White Teak its wholly owned subsidiary. White Teak operates in decorative and architectural lighting with annual revenues around Rs. 107-133 Cr over the past three years, though it reported...
Asian Paints has announced a board meeting regarding the effective date of its sanctioned amalgamation with Maxbhumi Developers Limited and Sleek International Private Limited, both of which are wholly owned subsidiaries. This strategic move aims to consolidate operations and enhance efficiencies within the group. The effective date of the amalgamation...