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Asian Paints updates on consolidation of investment

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Capital Market

In overseas subsidiaries

Asian Paints announced that as part of the Company's plan to consolidate its investments in the overseas subsidiaries, Asian Paints (International), Mauritius, a wholly owned subsidiary of the Company has transferred its entire holding of 49% held in the subsidiary company viz., Asian Paints (Middle East) LLC and 100% of holding in the subsidiary company viz., Asian Paints (Tonga) to Berger International, Singapore, a wholly owned subsidiary of Asian Paints (International).

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First Published: Sep 14 2015 | 4:55 PM IST

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