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Asian Paints updates on consolidation of investments in overseas subsidiaries

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Asian Paints (International), Mauritius transfers holdings in two subsidiaries to Berger International, Singapore

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 80% held in the subsidiary Company viz., Samoa Paints, Samoa and 75% holding in the subsidiary Company viz., Asian Paints (S.I.), Solomon Islands, to Berger International , Singapore, a wholly owned subsidiary of APIL.

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First Published: Oct 29 2015 | 11:33 AM IST

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