Board of Kansai Nerolac Paints approves acquisition of balance stake in Nerofix
At meeting held on 03 March 2023
The Board of Kansai Nerolac Paints has approved the acquisition of shares (40% of the total shareholding) of Nerofix from Polygel for a cash consideration of Rs 37 crore. Consequent to the said acquisition of shares, Nerofix will become a wholly owned (100%) subsidiary of Kansai Nerolac Paints.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Mar 03 2023 | 5:56 PM IST