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In 2002, Asian Paints acquired a 60% stake in Egyptian paint manufacturer SCIB Chemicals for ₹ 24.5 crore (US$5.04 million). [14] It also acquired a 50.1% stake in the SGX -listed Berger International Singapore, which had operations in 11 countries across Southeast Asia , West Asia , the Caribbean , China and Malta , for US$20.8 million. [ 15 ]
Ashwin Chimanlal Choksi (1944 – 19 September 2018) was an Indian billionaire businessman and the non-executive chairman of Asian Paints Ltd, India's largest paint company. He was among the top 100 richest Indians. [1]
Kansai Nerolac Paints Limited (formerly known as Goodlass Nerolac Paints Ltd) is the largest industrial paint and third largest decorative paint company of India based in Mumbai. [3] [4] [5] It is a subsidiary of Kansai Paint of Japan. [6] As of 2015, it has the third largest market share with 15.4% in the Indian paint industry. [7]
On 20 January 2021, Indigo Paints launched its initial public offering (IPO) of about 1170 crores; the price band was fixed at ₹1,488-1,490 apiece. [10] The issue was oversubscribed by 117 times. [ 10 ] [ 14 ] On February, 2 2021, Indigo Paints Limited made its debut on the NSE and the BSE at a price of ₹2,607.5 per share, a 75 percent ...
Abhay Arvind Vakil (1951–2021) was an Indian billionaire businessman, and a non-executive director of Asian Paints Ltd, India's largest paint company. [2] [3] As of October 2021, his net worth was estimated at US$6.25 billion. [4] Vakil was among the 100 richest Indians. [5]
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