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ASIAN PAINTS LTD. - Updates on Subsidiary
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16 Feb 2017
Asian Paints Ltd has informed BSE that Berger International Private Limited (&quot;BIPL&quot;), Singapore, indirect subsidiary of the Company, has entered into a Share Purchase Agreement with the existing shareholders of Causeway Paints Lanka (Private) Limited (&quot;CPLPL&quot;), Sri Lanka, for acquisition of 100% stake in CPLPL in an all cash deal (&quot;transaction&quot;).&lt;BR&gt;&lt;BR&gt;The aforesaid transaction is with an objective of enhancing the group&apos;s presence in the Sri Lankan market where the Company through its subsidiary Company, Asian Paints (Lanka) Limited, already has operations.
View all announcements for ASIAN PAINTS LTD. Source: BSE India