ASIAN PAINTS LTD. - 500820 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
This is to inform you that, the Company has, today, entered into Share Purchase Agreements and other definitive documents with Aapex Power and Industries Private Limited, Dr. Swapan Ghosh, & others ('existing shareholders') and Harind Chemicals and Pharmaceuticals Private Limited ('Harind'), for acquisition of majority stake in Harind over the period of next 5 (five) years, subject to fulfilment of certain conditions precedent. Please find attached a Press Release on the subject. The Company will be holding a conference call with the investors at 5 pm (IST) today, wherein the management will brief on the same. The details of the said conference call are available on the Company''s website (www.asianpaints.com). This is for your information and record.20-10-2022