Asian Paints updates on consolidation of investment

In overseas subsidiaries

Asian Paints announced that as part of the Company's plan to consolidate its investments in the overseas subsidiaries, Asian Paints (International), Mauritius, a wholly owned subsidiary of the Company has transferred its entire holding of 49% held in the subsidiary company viz., Asian Paints (Middle East) LLC and 100% of holding in the subsidiary company viz., Asian Paints (Tonga) to Berger International, Singapore, a wholly owned subsidiary of Asian Paints (International).

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