Asian Paints Ltd - 500820 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we wish to inform you that the Board of Directors at their meeting held today, has inter alia, approved the Scheme of amalgamation of Reno Chemicals Pharmaceuticals & Cosmetics Private Limited ('Transferor Company'), wholly owned subsidiary of the Company with Asian Paints Limited ('Transferee Company') in accordance with the provisions of Companies Act, 2013 and other applicable laws. The aforesaid amalgamation is subject to necessary statutory and regulatory approvals, including approval of the National Company Law Tribunal, Mumbai. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2O15 dated 9th September, 2015 are enclosed22-01-2020