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Berger Paints plans to diversify into home decor, adhesives, construction

The market reacted negatively to the news with a decline of 0.5% a share

Press Trust of India  |  Kolkata 

City-based paints company Berger Paints is planning to diversify into the home decor business. In a notice to shareholders, the company said it was considering business opportunities available in various areas relating to home decor, the construction industry and adhesives, and will leverage its manufacturing and marketing strength. Berger will be seeking shareholders' nod to pave its way into new businesses. The enabling resolution will contain the entire gamut of products covering almost all products used in home decor. Company officials did not respond to calls and ...

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First Published: Tue, June 13 2017. 16:42 IST
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