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Asian Paints Ltd

Thu 13/03/2025,15:59:24 | NSE : ASIANPAINT

₹ 2231.30-20.00 (-0.89%)

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Market Data

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Open

₹ 2255.25

Previous Close

₹ 2251.30

Volume

747500

Mkt Cap ( Rs. Cr)

₹214025.80

High

₹ 2257.20

Low

₹ 2222.50

52 Week High

₹ 3394.90

52 Week Low

₹ 2124.75

Book Value Per Share

₹ 187.91

Dividend Yield

1.49

Face Value

₹ 1.00

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Buy

59.58%

Hold

25.25%

Sell

15.16%

59.58%

44682 users have voted

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Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

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0

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0.00

0

Bid Total

0

Bid Price

Qty

2231.30

282

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0

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0

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Bid Total

282

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News

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  • Asian Paints Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    13 Mar 2025, 8:20PM This is to inform you that the Company through its representatives will be participating in the meeting as mentioned in the enclosed intimation. The s
  • Asian Paints Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    13 Mar 2025, 8:14PM This is to inform you that the Company through its representatives will be participating in the meeting as mentioned in the enclosed intimation. The s
  • Asian Paints Ltd. - Update-Acquisition/Scheme/Sale/Disposal-XBRL

    1 Mar 2025, 1:47PM ASIAN PAINTS LIMITED has informed the Exchange regarding Update-Acquisition/Scheme/Sale/Disposal-XBRL
  • Asian Paints Ltd. - Amalgamation/Merger

    1 Mar 2025, 11:55AM In continuation to our letter no. APL/SEC/51/2024-25/3 dated 24th January 2025, wherein it was informed that the Hon'ble National Company Law Tribunal
  • Asian Paints Ltd. - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    1 Mar 2025, 11:45AM In continuation to our letter no. APL/SEC/51/2024-25/3 dated 24th January 2025, wherein it was informed that the Hon'ble National Company Law Tribunal
  • Asian Paints Ltd. - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 201

    28 Feb 2025, 6:48PM Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is t
  • Asian Paints Ltd. - Updates

    28 Feb 2025, 6:46PM Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is t
  • Asian Paints Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    24 Feb 2025, 7:18PM This is to inform you that the Company through its representatives will be participating in the meetings as mentioned in the enclosed intimation. The
  • Asian Paints Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    24 Feb 2025, 7:14PM This is to inform you that the Company through its representatives will be participating in the meetings as mentioned in the enclosed intimation. The
  • Asian Paints Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    14 Feb 2025, 8:19PM This is to inform you that the Company through its representatives will be participating in conferences as enclosed. The schedule may undergo change d
  • Asian Paints Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    14 Feb 2025, 8:18PM This is to inform you that the Company through its representatives will be participating in conferences as enclosed. The schedule may undergo change d
  • Asian Paints Ltd. - Sale or disposal-XBRL

    14 Feb 2025, 8:10PM Asian Paints Limited has informed the Exchange regarding Sale or disposal of unit(s)/division(s)/subsidiary
  • Asian Paints Ltd. - Press Release

    14 Feb 2025, 12:00PM Asian Paints Limited has informed the Exchange regarding a press release dated February 14, 2025, titled ""Please find enclosed the press release on t
  • Asian Paints Ltd. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    14 Feb 2025, 11:58AM Please find enclosed press release on the subject of divestment of Indonesia business.
  • Asian Paints Ltd. - Diversification/Disinvestment

    14 Feb 2025, 11:53AM Please find enclosed the intimation with respect to Divestment of Indonesia business.
  • Asian Paints Ltd. - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment

    14 Feb 2025, 11:51AM Please find enclosed intimation with respect to divestment of Indonesia business.
  • Asian Paints Ltd. - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    7 Feb 2025, 7:38PM Please find attached the transcript of the Investor Conference held on Tuesday, 4th February 2025, with regard to the business and financial performan
  • Asian Paints Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    7 Feb 2025, 7:38PM Please find enclosed the transcript of the Investor Conference held on Tuesday, 4th February 2025, with regard to the business and financial performan
  • Asian Paints Ltd. - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations,

    4 Feb 2025, 10:00PM Please find enclosed intimation with respect to the audio recording of the investor conference held today on the business and financial performance of
  • Asian Paints Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    4 Feb 2025, 9:57PM Asian Paints Limited has informed the Exchange about Link of Recording
  • Asian Paints Ltd. - Investor Presentation

    4 Feb 2025, 5:36PM Asian Paints Limited has informed the Exchange about Investor Presentation
  • Asian Paints Ltd. - Integrated Filing- Financial

    4 Feb 2025, 2:20PM Please find attached integrated filing (financials) of the Company for quarter and nine months period ended 31.12.2024.
  • Asian Paints Ltd. - Press Release

    4 Feb 2025, 2:13PM Asian Paints Limited has informed the Exchange regarding a press release dated February 04, 2025, titled ""Please find enclosed press release on the f
  • Asian Paints Ltd. - Financial Result Updates

    4 Feb 2025, 2:08PM Asian Paints Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Asian Paints Ltd. - Outcome of Board Meeting

    4 Feb 2025, 2:06PM The Board of Directors at their meeting held today i.e., Tuesday, 4th February 2025, have, inter alia, approved the audited standalone and unaudited c
  • Asian Paints Ltd. - Announcement under Regulation 30 (LODR)-Investor Presentation

    4 Feb 2025, 5:38PM Please find enclosed the presentation to be made to the investors on the business and financial performance of the Company for the quarter and nine mo
  • Asian Paints Q3 net profit down 23.20% at Rs 1108.59 cr

    4 Feb 2025, 2:51PM The company reported standalone net profit of Rs 1,108.59 crore for the quarter ended December 31, 2024 as compared to Rs 1443.54 crore in the same pe
  • Asian Paints Ltd. - Integrated Filing (Financial)

    4 Feb 2025, 2:23PM Please find enclosed Integrated Filing (Financials) of the Company for the quarter and nine months period ended 31st December 2024
  • Asian Paints Ltd. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    4 Feb 2025, 2:15PM Press Release on the financial results of the Company for the quarter and nine months period ended 31st December 2024.
  • Asian Paints Ltd. - Outcome Of Board Meeting In Accordance With The SEBI (Listing Obligations And Disclosure Requirements) Re

    4 Feb 2025, 2:12PM The Board of Directors at their meeting held today i.e., Tuesday, 4th February 2025 have, inter alia, approved the audited standalone and unaudited co
  • Asian Paints Ltd. - Board Meeting Outcome for Outcome Of Board Meeting In Accordance With The SEBI (Listing Obligations And D

    4 Feb 2025, 2:07PM The Board of Directors at their meeting held today i.e., Tuesday, 4th February 2025, have, inter alia, approved the audited standalone and unaudited c
  • Asian Paints Ltd. - Updates

    3 Feb 2025, 8:12PM We would like to inform you that the Company has today i.e., 3rd February 2025 received the necessary approvals from BSE Limited and National Stock Ex
  • Asian Paints Ltd. - Intimation Regarding Receipt Of Approval From The Stock Exchanges For Reclassification Of An Entity Formi

    3 Feb 2025, 8:06PM We would like to inform you that the Company has today i.e., 3rd February 2025 received the necessary approvals from BSE Limited and National Stock Ex
  • Asian Paints Ltd. - Update-Acquisition/Scheme/Sale/Disposal-XBRL

    24 Jan 2025, 9:10PM ASIAN PAINTS LIMITED has informed the Exchange regarding Update-Acquisition/Scheme/Sale/Disposal-XBRL
  • Asian Paints Ltd. - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    24 Jan 2025, 8:21PM We wish to inform you that the Hon'ble National Company Tribunal (\NCLT\), Mumbai Bench, vide its Order dated 24th January 2025 (\Order\), has sanctio
  • Asian Paints Ltd. - Amalgamation/Merger

    24 Jan 2025, 8:10PM We wish to inform you that the Hon ble National Company Law Tribunal ( NCLT ), Mumbai Bench, vide its Order dated 24th January 2025 ( Order ), has san
  • Asian Paints Ltd. has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    15 Jan 2025, 5:00PM As of December 2024, 52.63% is owned by Indian Promoters, 47.32% by Public and 0.05% by Non Promoters-Non Public. <p align=justify> Institutional hold
  • Asian Paints Ltd. - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    13 Jan 2025, 4:21PM Please find enclosed herewith the Certificate received from MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), C
  • Asian Paints Ltd. - Board Meeting Intimation

    7 Jan 2025, 8:25PM ASIAN PAINTS LIMITED has informed the Exchange about Board Meeting to be held on 04-Feb-2025 to inter-alia consider and approve the Audited Financial
  • Asian Paints Ltd. - Board Meeting Intimation for Consideration Of Audited Standalone And Unaudited Consolidated Financial Res

    7 Jan 2025, 6:52PM ASIAN PAINTS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/02/2025 ,inter alia, to consider and ap
  • Asian Paints Ltd. - Updates

    1 Jan 2025, 7:40PM This is to inform you that the name of the Registrar and Share Transfer Agent ( RTA ) of the Company has changed from Link Intime India Private Limit
  • Asian Paints Ltd. - Intimation For Change In The Name Of The Registrar And Share Transfer Agent Of The Company

    1 Jan 2025, 7:33PM This is to inform you that the name of the Registrar and Share Transfer Agent ('RTA') of the Company has changed from 'Link Intime India Private Limit
  • Asian Paints Ltd. - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    19 Dec 2024, 3:52PM ASIAN PAINTS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
  • Asian Paints Ltd. - Appointment

    18 Dec 2024, 10:43PM Further to our letter nos. APL/SEC/31/2024-25/16 and APL/SEC/31/2024-25/17 dated 18th December 2024 and pursuant to Regulation 30 of the SEBI (Listing
  • Asian Paints Ltd. - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    18 Dec 2024, 9:00PM ASIAN PAINTS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
  • Asian Paints Ltd. - Trading Window-XBRL

    18 Dec 2024, 7:49PM ASIAN PAINTS LIMITED has informed the Exchange about Closure of Trading Window
  • Asian Paints Ltd. - Trading Window

    18 Dec 2024, 7:47PM Asian Paints Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201
  • Asian Paints Ltd. - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations,

    18 Dec 2024, 7:07PM Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Mr. Shyam Swamy - Vi
  • Asian Paints Ltd. - Resignation

    18 Dec 2024, 7:03PM Asian Paints Limited has informed the Exchange regarding Resignation of Mr Shyam Swamy as Other of the company w.e.f. December 17, 2024.
  • Asian Paints Ltd. - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations,

    18 Dec 2024, 6:57PM Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Mr. Vishu Goel -
  • Asian Paints Ltd. - Resignation

    18 Dec 2024, 6:56PM Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, this is to inform that Mr. Vishu Goel - Asso
  • Stock update: Asian Paints Q3FY25 (Consolidated) result update

    6 Feb 2025 , 11:12AM Stock update: Asian Paints Q3FY25 (Consolidated) result update – Muted urban/festive demand hit Q3; cautious near-term outlook
  • Asian Paints Q3FY2025 (Consolidated) results

    4 Feb 2025 , 2:49PM Asian Paints Q3FY2025 (Consolidated) results – Volume growth and OPM beat expectations
  • Asian Paints

    19 Dec 2024 , 11:18AM The company has announced the resignation of Shyam Swamy, Vice President of Home Improvement, Décor, Services & Retailing and Vishu Goel, Associate Vice President of Retail Sales, Commercial & Marketing, resigned on December 17, 2024. It has announced appointment of Mr. Ashish Rae as Associate Vice President - Retail Sales, Commercial & Marketing and as a Senior Management Personnel of the company with effect from 2nd January 2025. Further, Mr. Gagandeep Singh Kalsi, Associate Vice President - Strategy, Business Development, a Senior Management Personnel, will also handle Décor and Services with effect from 23rd December 2024.
  • Stock update: Asian Paints Q1FY2025 (Consolidated) result update

    18 Jul 2024 , 12:01PM Stock update: Asian Paints Q1FY2025 (Consolidated) result update – Weak Q1; better demand outlook ahead
  • Asian Paints, Berger Paints

    11 Jul 2024 , 10:49AM According to media reports, Asian Paints and Berger paints took a price increase of 0.7-1% in their respective product portfolio after gap of 15-18 months. The price increase is unlikely to have any impact on the volumes as these are planned price hikes normally undertaken by industry leaders before the start of festive season – Positive read through for the stock as price hikes suggests that the competitive intensity from entry of large player is low and is unlikely to have any significant impact on the sales volume of large players.
  • Stock update: Asian Paints

    8 Jul 2024 , 10:33AM Stock update: Asian Paints – Upgrade to Buy; risk reward favourable
  • Asian Paints

    1 Jul 2024 , 10:59AM The company has informed that the installed capacity of the Mysuru plant has been increased to 6,00,000 KL per annum from 3,00,000 KL per annum (current capacity utilisation at ~78%) in order to meet the medium-term capacity requirements of the company. An amount of ~Rs. 1,305 crore has been invested by the company towards the increase in installed capacity and the same has been funded through internal accruals. Positive read thru.
  • Asian Paints

    28 Jun 2024 , 11:57AM In continuation to the announcement made by the company on 27th May 2024, APL has informed that its wholly owned subsidiary Asian Paints International Private Limited (APIPL), Singapore, has completed acquisition of 24.3% stake in SCIB Chemicals S.A.E., Egypt (SCIB) and SCIB for a consideration of USD 4.13 million (~Rs. 34.42 crore). APIPL now holds 85.6% stake in SCIB. Positive.
  • Asian Paints

    28 May 2024 , 12:37PM Asian Paints International Private Limited (APIPL), Singapore, a wholly-owned subsidiary of the company, has entered into a Share Purchase Agreement with certain minority shareholders of SCIB Chemicals S.A.E., Egypt (SCIB), a subsidiary of APIPL and SCIB for the acquisition of 24.3% stake in SCIB for a consideration of USD 4.13 Mn (~Rs. 34.42 crore). Post completion of the acquisition, APIPL shall hold 85.6% stake in SCIB.
  • Asian Paints

    28 May 2024 , 12:35PM Asian Paints International Private Limited (APIPL), Singapore, a wholly-owned subsidiary of the company, has entered into a Share Purchase Agreement with certain minority shareholders of SCIB Chemicals S.A.E., Egypt (SCIB), a subsidiary of APIPL and SCIB for the acquisition of 24.3% stake in SCIB for a consideration of USD 4.13 Mn (~Rs. 34.42 crore). Post completion of the acquisition, APIPL shall hold 85.6% stake in SCIB.
  • Stock update: Asian Paints Q4FY2024

    10 May 2024 , 12:42PM Stock update: Asian Paints Q4FY2024 (Consolidated) result update – Weak Q4
  • Asian Paints Q4FY2024 (Consolidated) results

    9 May 2024 , 3:00PM Asian Paints Q4FY2024 (Consolidated) results – Weak Q4; volume growth and margins came in below expectations
  • Grasim, Asian Paints

    19 Mar 2024 , 10:34AM As per media reports, Birla Opus released its price list at 5% discount to Asian paints prices across categories. Grasim had early announced 10% additional quantity across SKUs. The development is negative read thru for Asian Paints.
  • Asian Paints

    15 Feb 2024 , 11:58AM In continuation with the announcement on 20th October 2022, the company has acquired 51% of the equity share capital of Harind Chemicals and Pharmaceuticals Private Limited (Harind) from Aapex Power and Industries Private Limited (Aapex) for a consideration of Rs. 14.28 crores. Accordingly, Harind and Nova Surface-Care Centre Private Limited, a wholly owned subsidiary of Harind, have become subsidiary companies of the company. Harind is engaged in the business of nanotechnology-based research, manufacturing, and sale of a range of additives and specialised coatings. Asian Paints would be able to manufacture commercially viable high–performance coatings and additives with this technology. Positive read thru.
  • Stock update: Asian Paints

    18 Jan 2024 , 11:52AM Stock update: Asian Paints – Good Q3; risk-reward unfavourable
  • Asian Paints

    29 Dec 2023 , 11:23AM The State Environment Impact Assessment Authority, Tamil Nadu (SEIAA) has accepted the recommendations of State Expert Appraisal Committee, Tamil Nadu (SEAC) and decided to grant the Environmental Clearance (EC) to the Sriperumbudur plant of the company, subject to the conditions specified. Positive read thru.
  • Asian Paints

    22 Dec 2023 , 2:59PM Yesterday a minor fire incident occurred in the under-construction premises of the company’s plant situated at Ankleshwar at around 7:05 p.m. The company has intimated that the fire was immediately brought under control and there have been no injuries or loss of life because of this incident. The damage was localised and confined to the cooling tower area of the under-construction premises. The cause of the fire is being investigated. Production at the existing manufacturing blocks at the Ankleshwar plant of the company remains unaffected. Further, there is no material impact on the financials or operations of the company on account of the incident.
  • Asian Paints

    17 Nov 2023 , 9:30AM According to media reports, The company has undertaken cumulative price cut of 1% in its decorative paints portfolio, effective from 1st April 2023. It had cut prices of enamels by Rs2 per litre while prices of across economy emulsions were cut by Rs3-4 per litre. Also it has cut the prices of waterproofing portfolio by Rs10 per litre. Cumulative impact would be marginal.
  • Asian Paints

    15 Nov 2023 , 9:37AM The company's original installed production capacity of the Khandala plant has been increased to 4 lakh Kilolitre per annum from 3 lakh Kilolitre per annum in order to meet the medium-term capacity requirements of the company. It has invested Rs385crore for the expansion of the capacity and the funding for same is done through the internal accruals. Plant is currently operational at capacity utilisation of 80% of its original capacity of 3 lakh kilo litres – Positive read through for Asian Paints.
  • Stock update: Asian Paints Q2FY2024

    27 Oct 2023 , 11:04AM Stock update: Asian Paints Q2FY2024 (Consolidated) result update – Muted Q2
  • Asian Paints

    6 Jul 2023 , 11:12AM The company’s wholly owned subsidiary of Asian White Inc. FZE has been incorporated in Fujairah Free Zone, UAE on 26th June, 2023 for the purpose of carrying out the business of manufacturing, trading and exporting white cement. The Trade License and Certificate of Incorporation for Asian White Inc. FZE issued by Government of Fujairah, Fujairah Free Zone Authority, has been received by AWCHL on 4th July, 2023.
  • Asian Paints

    26 Jun 2023 , 12:20PM The company acquired an additional 11% stake in White Teak, a home decor company for ₹54 crore. As part of their agreement, the paint company paid White Teak ₹59.5 crore as an earn out based on the achievement of financial milestones. This brings Asian Paints' total stake in White Teak to 60%. The remaining 40% of the equity share capital would be acquired during the FY 2025 – 2026, for a maximum consideration Rs360crore – Long term Positive for Asian Paints; it is focusing on scaling up the home décor business over the next three to four years.
  • Asian Paints

    21 Feb 2023 , 11:01AM The company signs MoU with government of Gujarat to set-up manufacturing facility of Vinyl Acetate Ethylene Emulsion (VAE) and Vinyl Acetate Monomer (VAM) in-ling with its backward integration plan – Positive read through for the stock The company wholly owned subsidiary, Asian Paints (Polymers) Pvt. Ltd has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat to set up the manufacturing facility for Vinyl Acetate Ethylene Emulsion (VAE) and Vinyl Acetate Monomer (VAM) at Dahej, Gujarat, subject to such approvals and clearances, as may be required. The installed capacity of the said manufacturing facility would be 100,000 tons per annum for VAM and 150,000 tons per annum for VAE. VAM is a key input for manufacturing VAE. It will be doing investment of Rs2100crore over the period of three to four years. Currently, Asian Paints already imports VAE & VAM for its internal consumption. This would be a key backward integration project for the company.
  • Asian Paints signs MoU with Gujarat govt

    21 Feb 2023 , 10:20AM Asian Paints signs MoU with Gujarat govt to set up mfg facility at Dahej
  • Asian Paints Q3FY2023 consolidated results

    19 Jan 2023 , 2:37PM Asian Paints Q3FY2023 consolidated results – Miss estimates; OPM improved sequentially
  • Asian Paints

    13 Jan 2023 , 10:36AM In line with investment plan announced on 20th Oct, 2022, the company would be setting up a manufacturing facility for Vinyl Acetate Ethylene Emulsion (VAE) and Vinyl Acetate Monomer (VAM) in India. Asian Paints Polymers, subsidiary has been incorporated with an authorised share capital of Rs. 100 crore. Asian paints is planning investment of ~Rs. 2,100 crore over 3 to 4 years for setting up an installed capacity of 1.5 lakh tonnes p.a. for VAE and 1 lakh tonnes p.a. for VAM
  • Asian Paints

    9 Jan 2023 , 10:58AM Asian Paints: The company to invest Rs 2,000 crore to set up water-based paint manufacturing facility in Madhya Pradesh Asian Paints will invest Rs 2,000 crore to set up a water-based paint manufacturing facility with a capacity of 4 lakh kilolitre per annum. The company is exploring the possibility of setting up the manufacturing facility in Madhya Pradesh, subject to grant of government incentives and other approvals and clearances. The facility is expected to be commissioned in three years, after acquisition of land. The company has planned an investment of Rs. 6,750 crore over the next three years 1) includes brownfield expansion across multiple manufacturing facilities in India, 2) Increasing in-house paint manufacturing capacity by more than 30% to 22.7 KL lac per annum from current 17 KL lac per annum 3) Backward integration in critical and import dependent raw material.
  • Asian Paints

    9 Jan 2023 , 10:58AM Asian Paints: The company to invest Rs 2,000 crore to set up water-based paint manufacturing facility in Madhya Pradesh Asian Paints will invest Rs 2,000 crore to set up a water-based paint manufacturing facility with a capacity of 4 lakh kilolitre per annum. The company is exploring the possibility of setting up the manufacturing facility in Madhya Pradesh, subject to grant of government incentives and other approvals and clearances. The facility is expected to be commissioned in three years, after acquisition of land. The company has planned an investment of Rs. 6,750 crore over the next three years 1) includes brownfield expansion across multiple manufacturing facilities in India, 2) Increasing in-house paint manufacturing capacity by more than 30% to 22.7 KL lac per annum from current 17 KL lac per annum 3) Backward integration in critical and import dependent raw material.
  • Asian Paints

    17 Nov 2022 , 1:27PM Asian Paints would be setting up a manufacturing facility for Vinyl Acetate Ethylene Emulsion (VAE) and Vinyl Acetate Monomer (VAM) in India. The setting up of facility for manufacture of VAM would be based on licensed technology tie up with Kellogg Brown & Root LLC (KBR), USA. KBR is a USD 7.3 Bn company based at USA and has presence in 80+ countries – Positive; in-line with backward integration plan
  • Asian Paints

    24 Aug 2022 , 11:13AM Brent crude prices have again cross $100 per barrel due to uncertainties over supply in the global markets. Paint companies were expecting margins to bottom-out in Q2FY2023 due to recent correction in the crude prices. However if crude prices continue to move up from the current levels it will continue to put pressure on the margins of the paints companies in the quarters ahead – sentimentally negative for Asian paints and other paint companies.
  • Asian Paints

    5 Aug 2022 , 10:00AM FMCG: Brent crude prices fall below $90 per barrel due to sustained high inflationary pressures and weak demand – fall in the crude prices augurs well for paint companies (including Asian Paints) as crude derivatives form 25-30% of the paint companies input cost. Prices are correcting to pre Russia-Ukraine war, which will improve profitability of paint companies in H2FY2023. Also the packaging cost for FMCG companies will reduce, which will provide support to margins of FMCG companies. Overall Positive for paints and FMCG companies
  • Stock update: Asian Paints Q1FY2023 (Consolidated) result update

    27 Jul 2022 , 10:50AM Stock update: Asian Paints Q1FY2023 (Consolidated) result update - All-round show; growth story to stay colourful
  • Asian Paints Q1FY2023 consolidated results

    26 Jul 2022 , 3:00PM Asian Paints Q1FY2023 consolidated results – Strong all-round performance
  • Asian Paints

    15 Jun 2022 , 11:15AM The company completed acquisition of 51% stake in Weatherseal Fenestration. Acquired company is engaged in the business of interior decoration/furnishing, including manufacturing uPVC Windows and door systems. The company is an established brand in South India and its pricing is competitive to the regional brands in that market. APL will further acquire additional 23.9% stake in Weatherseal Fenestration from its promoters, in a staggered manner, over the next 3 years. The acquisition is done in line with its focus of transforming itself from company focusing on ‘share of surface’ to ‘share of space’ in the long run. APL targets revenue contribution from home décor business to increase to 10% from current single digit.
  • Asian Paints

    13 Jun 2022 , 10:10AM According to media reports, the company has undertaken 3-5% increase in some of the products, which lead to average price increase of 1%. Cumulative price hike currently stands at 21-22%
  • Asian Paints

    25 May 2022 , 9:33AM Grasim Industries has become aggressive on paint ventures with a revised project capex of Rs. 10,000 crore by FY2025 to become the second largest paint company with an installed capacity of 1332MLPA (75% of AsianPaint capacity). The company has a strong distribution network for its cement business, which it will leverage to scale-up its paints distribution. Further the company will also try to gain market share from top players by giving higher dealer discounts in key markets.
  • Stock update: Asian Paints Q4FY2022 (Consolidated) result update

    11 May 2022 , 10:34AM Stock update: Asian Paints Q4FY2022 (Consolidated) result update - Good Q4; Volume growth momentum to sustain
  • Asian Paints Q4FY2022 consolidated results

    10 May 2022 , 5:22PM Asian Paints Q4FY2022 consolidated results – Volume growth of 8% in decorative paints business; OPM came at 18.3%
  • Asian Paints Q4FY2022 consolidated results

    10 May 2022 , 5:21PM Asian Paints Q4FY2022 consolidated results – Volume growth of 8% in decorative paints business; OPM came at 18.3%
  • Asian Paints Q4FY2022 consolidated results

    10 May 2022 , 5:20PM Asian Paints Q4FY2022 consolidated results – Volume growth of 8% in decorative paints business; OPM came at 18.3%
  • Asian Paints

    11 Apr 2022 , 11:36AM Brent crude prices are trading at $102 per barrel. On Friday it falls below $100 per barrel. Any sustained correction in the crude prices is positive for paint companies (including Asian Paints)
  • Stock update: Asian Paints

    5 Apr 2022 , 10:23AM Stock update: Asian Paints - Strategic acquisitions to transform into home décor play
  • Acquisition of stake

    4 Apr 2022 , 10:34AM Asian Paints: The company made two strategic acquisitions White Teak (presence in décor lights & fans) and Weatherseal (presence in windows & doors categories) to scale-up its home décor business is medium to long run. Both the acquisitions are unlikely to add to the earnings in the near term
  • Asian Paints

    1 Apr 2022 , 2:17PM The company acquires 49% stake in White Teak (present in decorative lighting products & fans) for Rs180crore and 51% stake in Weatherseal Fenestration for Rs19crore
  • Stock update: Asian Paints

    21 Mar 2022 , 10:51AM Stock update: Asian Paints - Leadership, price monopoly help resist uncertainty
  • Stock update: Asian Paints Q3FY22 results update

    21 Jan 2022 , 11:26AM Stock update: Asian Paints Q3FY22 results update - Double digit volume growth sustains; margin stress to ease going ahead
  • Asian Paints: Q3FY2022 (consolidated) result first cut

    20 Jan 2022 , 3:49PM Asian Paints: Q3FY2022 (consolidated) result first cut – 5th consecutive quarter of double digit volume growth; margins improved sequentially led by price hikes
  • Asian Paints

    14 Jan 2022 , 1:26PM CRISIL Ratings has reaffirmed its ‘CRISIL AAA/Stable/CRISIL A1+’ ratings on the bank facilities and debt programmes of Asian Paints. The ratings continue to reflect the leadership position of the group in the domestic paints sector, its healthy operating margin and robust financial risk profile because of strong capital structure and surplus liquidity. These strengths are partially offset by susceptibility to volatility in key raw material prices and limited pricing flexibility.
  • Stock Update – Asian Paints

    7 Dec 2021 , 10:36AM Stock Update – Asian Paints: Demand buoyant; correction offers investment opportunity
  • Stock Update – Asian Paints

    7 Dec 2021 , 10:33AM Stock Update – Asian Paints: Demand buoyant; correction offers investment opportunity
  • Asian Paints to invest Rs. 960 cr on expansion of capacity

    29 Nov 2021 , 12:12PM Asian Paints to invest Rs. 960 cr on expansion of capacity at Akleshwar unit over next 2-3 years
  • Asian Paints

    16 Nov 2021 , 2:33PM Asian Paints: According media reports, The company will take another round of price hike of 4-6% from December 5th; The company took price increase of 8-9% with effect from November 12th in-line with the industry. Cumulative price post December price hike would be ~20%.
  • Asian Paints clarifies on whistle-blower

    25 Oct 2021 , 2:22PM Whistle-blower had flagged off related party transaction carried by company’s promoter
  • Stock Update: Asian Paints - Q2FY22 consolidated results review

    22 Oct 2021 , 3:06PM Margins miss mark in Q2; aggressive pricing to ease pressures
  • First cut: Asian Paints Q2FY2022 (consolidated)

    21 Oct 2021 , 2:50PM Volume growth momentum sustained; sharp miss on margins
  • Asian Paints

    23 Sep 2021 , 10:49AM According to media reports, the company is planning to expand its vizag facility to five lakh kilolitres per annum from three lakh kilolitres earlier; overall capacity currently stands at 17,30000 Kilo litre per annum (p.a.). - Positive read through for the stock.
  • Asian Paints

    18 Aug 2021 , 9:38AM Media reports, the company has undertaken two rounds of the price increase in its portfolio in the month of August to mitigate the impact of raw material inflation which stood in the range of 10-15%. We expect price hike to be calibrated in the range of 1-2% in view of earlier price hikes. Cumulative price hike currently stands at ~4%. The company has undertaken judicious pricing strategy in the current uncertain environment. However, the large focus is on achieving better volume growth in the coming quarter considering the strong pick-up in demand. We expect other players to follow the industry leader in terms of pricing action
  • Asian Paints: Result update

    22 Jul 2021 , 12:00PM Asian Paints: result update - Q1 was miss on margins; Resilient demand led strong revenue growth
  • Asian Paints: Result update

    22 Jul 2021 , 10:44AM Asian Paints: result update - Q1 was miss on margins; Resilient demand led strong revenue growth
  • Asian Paints Q1FY2022 (consolidated) results

    20 Jul 2021 , 5:17PM Asian Paints Q1FY2022 (consolidated) results - strong beat on revenues; miss on margins
  • Asian Paints hikes prices

    15 Jun 2021 , 3:45PM Hikes are expected to be effective from July
  • Asian Paints: Growth momentum to improve

    8 Jun 2021 , 10:33AM Asian Paints: Growth momentum to improve from Q2FY2022
  • Asian Paints

    3 Jun 2021 , 12:05PM Asian Paints: Key highlights of media interaction with Mr.Amit Syngle
  • Asian Paints

    12 Apr 2021 , 10:56AM CRISIL Ratings has reaffirmed its ‘CRISIL AAA/Stable/CRISIL A1+’ ratings on the bank facilities and debt programmes of Asian Paints Ltd (Asian Paints; part of the Asian Paints group) – Positive read through for the stock
  • Asian Paints

    24 Mar 2021 , 10:46AM Crude oil prices corrected to USD 60 per barrel from USD 70 per barrel in last 10 days. The correct in crude oil prices augurs well for paint companies as it will lead to reduction in the crude derivative prices which act as key input for paint companies. Further Asian Paints stock price has corrected by 16% from its high provides good entry opportunity – Positive read through for Asian Paints
  • Asian Paints: Key highlights

    22 Feb 2021 , 12:17PM Asian Paints: key highlights of media interaction with Mr.Amit Syngle - MD & CEO of Asian Paints
  • Asian Paints: Q3FY21 result update

    22 Jan 2021 , 11:29AM Asian Paints: Q3FY21 result update -Healthy Q3; Growth momentum to sustain
  • Asian Paints: Q3FY2021 (consolidated) results

    21 Jan 2021 , 3:49PM Asian Paints: Q3FY2021 (consolidated) results - Robust performance with volume growth of 30%+ in decorative paints business
  • Asian Paints

    4 Jan 2021 , 10:20AM According to media reports, Malav Dani, son of promoter Ashwin Dani will sell shares worth Rs500crore on the stock exchanges between May,21 and Apr,22. Malav holds 33 lakh shares which has value of Rs909cr at CMP
  • Asian Paints: Company update

    7 Dec 2020 , 11:53AM Asian Paints: Company update - Colour won’t wear off soon
  • Asian Paints: Stock Update

    23 Oct 2020 , 11:02AM Asian Paints: Stock Update - Colourful Q2, complete home decor play in making
  • Asian Paints

    22 Oct 2020 , 4:09PM Asian Paints: Q2FY2021 (consolidated) result - strong performance with double digit volume growth in decorative paints business
  • Asian Paints

    7 Sep 2020 , 11:38AM Asian Paints: Stock update - Rural India brings recovery
  • Berger Paints; Asian Paints

    26 Aug 2020 , 10:07AM According to media reports, The Company is witnessing demand recovery better than pre-covid levels (especially in the rural market). It is eyeing double digit volume growth in Q2FY2021 while value growth is expected to remain to high single digit value growth due to higher sales of value for money products - This is positive for Berger Paints and market leader such as Asian Paints (85% of domestic business is decorative paints) who is also seeing recovery on the month-on-month basis. We continue to maintain Asian Paints as our top picks in the consumer goods space.
  • Asian Paints

    18 Aug 2020 , 10:02AM Berger paints conference call suggest that the painting activities are recovering in tier 3 and 4 towns (demand upticks sustains in the rural market); Demand in metros is expected to come back in the coming months with virus scare receding (re-painting demand is likely to come back in H2). Alongwith good demand for emulsions and value-added-products strong demand is been witnessed for protective paints.
  • Asian Paints

    4 Aug 2020 , 11:27AM Asian Paints: Covid 19 impact - Strong recovery seen in June especially in tier 3 and tier 4 towns
  • Asian Paints

    27 Jul 2020 , 11:09AM Asian Paints: Q1FY2021 result update - results beat expectations on all front
  • Asian Paints

    24 Jul 2020 , 4:00PM Asian Paints: Q1FY2021 (Consolidated) results - ahead of estimates; paint segment double digit volume growth in the month of June
  • Asian Paints

    1 Jul 2020 , 11:23AM CRISIL has reaffirmed its 'CRISIL AAA/Stable/CRISIL A1+' ratings on the bank facilities and debt programmes of Asian Paints. The ratings continue to reflect the leadership position in the domestic paints sector, healthy operating margin, and robust financial risk profile because of strong capital structure and surplus liquidity. According to rating agency revenues are expected to rebound from next fiscal with expected revival in both decorative and industrial paints segments. Despite the decline in revenues, operating margins are expected to be sustained at around 15% due to benign raw material prices.
  • Asian Paints

    30 Jun 2020 , 9:19AM Asian Paints - Initiating Coverage - Add colour to your portfolio
  • Asian Paints

    24 Jun 2020 , 9:11AM Asian Paints: viewpoint update - Pent up demand to drive recovery in FY2022
  • Asian Paints

    26 May 2020 , 11:24AM Asian Paints: Impact of Covid-19 on Domestic and international operations
  • Asian Paints falls as Goldman Sachs downgrades stock

    12 May 2020 , 11:20AM Asian Paints slips by 4% to Rs. 1,511.95, after a foreign brokerage downgrades the stock to 'sell'
  • Asian Paints

    4 May 2020 , 10:44AM The company has forayed into the hand sanitizer category with the launch of the Viroprotek range of Hand and Surface Sanitizers. The product is being manufactured at the Company’s existing plant at Ankleshwar, Gujarat, after obtaining all the necessary statutory approvals and permissions. The product will be available in various pack sizes in the market from 4th May 2020.
  • Asian Paints

    4 May 2020 , 10:42AM The company has forayed into the hand sanitizer category with the launch of the Viroprotek range of Hand and Surface Sanitizers. The product is being manufactured at the Company’s existing plant at Ankleshwar, Gujarat, after obtaining all the necessary statutory approvals and permissions. The product will be available in various pack sizes in the market from 4th May 2020.
  • Asian Paints

    8 Apr 2020 , 9:51AM NEW IDEA - Asian Paints: Viewpoint – Add colour to your portfolio
  • Asian Paints

    11 Mar 2020 , 11:27AM The company’s promoters have released pledge on 1.5% of total equity from March 3-9, 2020 – positive read through for the stock
  • Asian Paints

    16 Jan 2020 , 11:32AM CCI orders probe against Asian Paints for unfair business practices – sentimentally negative read through for the stock
  • Fire in Asian Paints’ Andhra Pradesh facility has been control

    10 Apr 2019 , 11:27AM Asian Paints: The fire in the Asian Paints’ Andhra Pradesh facility has been brought under control; the company is in the process of assessing the extent of damage as manufacturing operations of the plant have been affected – stock to remain in focus
  • Fire breaks out in Asian Paints Andhra Pradesh manufacturing facility

    9 Apr 2019 , 11:06AM Fire broke out in Asian Paints Andhra Pradesh manufacturing facility, which disrupted the manufacturing operations (facility has capacity of producing 5,00,000 kilolitres of paints per annum); the company indicated that the event will not have any impact on the business operations of the company – sentimentally negative for Asian plants; more clarities on production loss would emerge in the coming days (if plant is close for large amount days it will have some impact on the earnings)
  • Asian Paints falls after fire breaks out at facility

    9 Apr 2019 , 10:30AM Asian Paints slips by 3% to Rs. 1453.9, after a fire breaks out at its paint manufacturing facility in Visakhapatnam, Andhra Pradesh
  • Asian Paints Q1FY2019 consolidated revenue up 15%

    25 Jul 2018 , 11:28AM Asian Paints Q1FY2019 consolidated revenue rises by 15.1% to Rs4390.28 crore
  • Asian Paints acquires stake in Sleek

    12 Dec 2017 , 10:53AM Positive read through for the stock as the company is focusing on gaining good share in unorganised kitchen infra market.

Key fundamentals

Evaluate the intrinsic value of Asian Paints Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 18478.53 15634.92 13365.25 12105.41 9471.79
Liabilities 18478.53 15634.92 13365.25 12105.41 9471.79
Equity 95.92 95.92 95.92 95.92 95.92
Gross Profit 7030.39 5820.48 4587.79 4492.78 3857.04
Net Profit 5321.55 4100.18 3134.71 3051.8 2653.95
Cash From Operating Activities 5737.84 4221.65 1260.31 3459.5 2407.47
NPM(%) 17.24 13.63 12.44 16.48 15.43
Revenue 30850.12 30078.4 25188.51 18516.86 17194.09
Expenses 23819.73 24257.92 20600.72 14024.08 13337.05
ROE(%) 29.52 22.74 17.39 16.93 14.72

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
19 Nov 2024 4.25 425 1.49 3312.8
11 Jun 2024 28.15 2815 1.49 2710.1
03 Nov 2023 5.15 515 1.49 3196.65
09 Jun 2023 21.25 2125 1.49 3139.75
31 Oct 2022 4.4 440 1.49 3384.8
09 Jun 2022 15.5 1550 1.49 3086.35
28 Oct 2021 3.65 365 1.49 3201.6
10 Jun 2021 14.5 1450 1.49 2556.2
28 Oct 2020 3.35 335 1.49 2028
23 Jul 2020 1.5 150 1.49 1683.9
03 Mar 2020 7.15 715 1.49 1884.9
30 Oct 2019 3.35 335 1.49 1725.15
13 Jun 2019 7.65 765 1.49 1354.2
29 Oct 2018 2.85 285 1.49 1224.7
14 Jun 2018 6.05 605 1.49 1217.7
31 Oct 2017 2.65 265 1.49 1131.7
15 Jun 2017 2 200 1.49 1132.95
15 Jun 2017 5.65 565 1.49 1166.45
01 Nov 2016 2.65 265 1.49 1192.55
16 Jun 2016 5.3 530 1.49 907.85
28 Oct 2015 2.2 220 1.49 839.65
24 Jun 2015 4.3 430 1.49 766.75
22 Sep 2014 1.8 180 1.49 624.2
16 Jun 2014 4.2 420 1.49 556.9
24 Oct 2013 1.1 110 1.49 459.25
06 Jun 2013 36.5 365 1.49 4670.95
29 Oct 2012 9.5 95 1.49 3874
07 Jun 2012 30.5 305 1.49 3655.55
25 Oct 2011 9.5 95 1.49 3129.4
09 Jun 2011 23.5 235 1.49 2691.05
29 Oct 2010 8.5 85 1.49 2660.65
30 Jun 2010 18.5 185 1.49 2100.3
26 Oct 2009 8.5 85 1.49 1405.75
17 Jun 2009 11 110 1.49 897.3
29 Oct 2008 6.5 65 1.49 1051.15
12 Jun 2008 10.5 105 1.49 1222.5
25 Oct 2007 6.5 65 1.49 966.45
13 Jun 2007 1 10 1.49 782.45
20 Mar 2007 6.5 65 1.49 683.2
03 Nov 2006 5.5 55 1.49 674
15 Jun 2006 8 80 1.49 663.3
31 Oct 2005 4.5 45 1.49 501.7
22 Jun 2005 5.5 55 1.49 384.8
01 Nov 2004 4 40 1.49 298.6
16 Jun 2004 5 50 1.49 301.45
07 Nov 2003 3.5 35 1.49 304.65
09 Jul 2003 6.5 65 1.49 381.2
21 Oct 2002 4.5 45 1.49 345.35
11 Jul 2002 5.5 55 1.49 300.1
0 0 1.49 305.7
19 Oct 2001 0 35 1.49 265
02 Aug 2001 0 40 1.49 252.05
16 Oct 2000 0 30 1.49 220.8
0 60 1.49 423.2
0 40 1.49 390.15
0 45 1.49 244
0 35 1.49 299.25
0 40 1.49 240.05
0 35 1.49 314.95
0 75 1.49 295.8

Peers

Other companies within the same industry or sector that are comparable to Asian Paints Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Asahi Songwon Colors Ltd 285.80 -6.08 23.60 2629.69 170.07 0.17
Dynemic Products Ltd 256.75 0.31 21.10 2683.48 29.11 0.00
Kansai Nerolac Paints Ltd 224.65 -1.50 15.79 180350.00 1466.32 1.67
Hindprakash Industries Ltd 129.13 2.63 100.10 2548.66 13.43 0.00

Company Info

1945 - The Company was incorporated as a private limited company under the name of Asian Oil and Paint Company Pvt. Ltd. It was converted into a public limited company in 1973. The Company manufacture a wide range of surface coatings catering to different end-uses. It also manufactures vinyl pyridine latex used in the manufacture of rubber tyres. - The company expanded its products range, developed its own technology, set up a distribution network penetrating in smaller towns and ploughed back a large part of earnings into creation of new facilities. 1965 - The name was changed from Asian Oil and Paint Company Pvt. Ltd. to Asian Paints (India) Pvt. Ltd. 1974 - A major modernisation programme was undertaken to streamline the paint production facilities by improving the layout of machines, addition to balancing equipment and replacement of old machinery. The Company embarked on phased modernisation of resin manufacturing facilities as well. - The Bhandup plant of the Company is reportedly the largest single paint factory in the country and one of the most up-to-date with sophisticated machinery and equipment for manufacturing a wide range of paints and other products besides adequate resin manufacturing capacity to meet its entire requirements. 1975 - Bonus Equity shares issued in the prop. 1:2 in 1961, 1:3 in 1962, 1:1 in 1966, 1:2 in 1969, 2:3 in 1971 and 1:2 in 1975. 1978 - 1,00,000 Bonus Equity shares issued in the prop. 2:3. 1980 - 50,000 unclassified shares classified as prefernece shares and issued. They are redeemable during the period 30.6.1987/1990. 1982 - The main objects of the public issue of capital during August, were to fulfill the listing requirements of the Stock Exchange and to provide part of the finance for the increased operations. 1983 - Equity shares subdivided. 10,00,000 Bonus shares issued in prop. 2:5, 16,85,185 No. of Equity shares issued (prem. Rs 13 per share) through prospectus in August 1982. Out of these, 84,259 shares and 33,704 shares were reserved for preferential allotment to the employees and to the business associates of the company respectively. 15,67,222 shares offered to the public of which 4,21,296 shares were offered to NRIs on repatriation basis. 1985 - The Company undertook to set up a third paint unit at Patancheru, a notified backward area near Hyderabad, for the manufacture of 15,000 MT of paints and enamels. - A letter of Intent was obtained for setting up a fourth paint plant in Uttar Pradesh with a capacity of 23,000 tonnes per annum of paints, varnishes and enamels and 65,000 tonnes per annum of synthetic resins (for captive consumption). - The Company entered into a collaboration agreement with Nippon Paints Co. Ltd., Japan, to obtain technical know-how to manufacture powder coating and coil coatings under an exclusive licence. Necessary manufacturing facilities for the powder coatings with a capacity of 300 MT were installed and commissioned at Kasna plant during 1992-93. - 31,11,111 Bonus equity shares issued in prop. 3:5. 1987 - The Company commissioned a plant for the manufacture of synthetic rubbers lattices with a capacity of 1,200 tonnes per annum. The Company received a letter of intent to manufacture 9,000 tonnes of phthalic anhydride. The project would be based on imported Van Heyden low energy process technology with engineering package from Davy McKee of Cologne, West Germany. The project was commissioned in March 1990. But, a fire accident in the succeeding month damaged a storage tank, nearby pipes and support structures. The plant was repaired and restarted only in August 1990. - The Company jointly with Tamil Nadu Industrial Development Corporation (TIDCO) promoted a joint sector Company under the name Pentasia Chemicals Ltd. (PCL), for the manufacture of 3,000 TPA of pentaerythritol and 1,800 TPA of sodium formate. The project commissioned in March. - 41,48,148 Bonus equity shares issued in prop. 1:2. 1988 - The Company issued 9,00,000 - 14% secured non-convertible debentures of Rs 100 each to ICICI, UTI, LIC, GIC, NIC, New India Assurance Company Ltd., Oriental Insurance Co., Ltd and United India Insurance Co., Ltd. on private placement basis. These debentures are redeemable in five equal instalments on the expiry of 5th, 6th, 7th, 8th and 9th year from the date of allotment at a premium of Rs 5 per debenture. 1989 - A scheme of arrangement was finalised for vesting of the assets and liabilities of the Company's Apcotex division with Apcotex Lattices Ltd. (ALL). As per the scheme of arrangement, one equity share of Rs 10 each of ALL was allotted without payment in cash to the shareholders of Asian Paints (India) Ltd., for every 13 equity shares held by them in the company, i.e., Asian Paints (India) Ltd. - The first phase of the project with an initial installed capacity of 16,000 tonnes per annum was commissioned during the year. 1990 - Asian Paints (South Pacific) Ltd., in Fiji and Asian Paints (Tonga) Ltd., are two joint venture set up abroad with the Company supplying the necessary know-how. Both these are the Company's subsidiaries and the equity participation by the Company amounted to 51% in the former and 25% in the latter as at 31st December. Asian Paints (South Pacific) Ltd., holds an additional 25% in the equity capital of Asian Paints (Tonga) Ltd. - The Company also set up two more joint ventures under the names and styles of Asian Paints (Nepal) Pvt. Ltd., and Asian Paints (S.I.) Ltd., both of which are subsidiaries of the Company. - The Company had set up a joint venture unit Asian Paints (Vanuatu) Ltd., for the manufacture of paints and enamels in the Pacific Island of Vanuatu. The Vanuatu company had issued 54,000 ordinary shares of US $1 each to the Company as fully paid-up shares against the plant and machinery supplied. 1991 - Pentasia Chemicals Ltd., became a subsidiary of the Company. Pentasia Investments Ltd., is a subsidiary of the Company. - The Company acquired 19,10,000 equity share of Rs 10 each in the share capital of Pentasia Chemicals Ltd., from TIDCO in May. Consequently, PCL became a subsidiary of the Company. - The Company issued 5,00,000 - 17.5% secured non-convertible redeemable debentures of Rs 100 each aggregating to Rs 500 lakhs to Unit Trust of India on private placement basis. These debentures are redeemable in three equal instalments on the expiry of 6th, 7th and 8th years from the date of allotment at a premium of Rs 5 per debenture. 1992 - 74,66,666 Bonus equity shares issued in prop. 3:5. 1993 - Sales of phthalic division was lower due to planned shutdown of the plant for 25 days and also due to lower selling prices. - The Company undertook to set up a joint venture unit along with its overseas subsidiaries, in Queensland, Australia for manufacture of paints, enamels and varnishes. The Company was to invest a $2,00,000 in the share capital of Asian Paints (Queensland) Pvt. Ltd. a joint stock company, Australia. 1994 - The Company proposed to expand its existing capacities for the manufacture of paints and enamels to 50,000 tonnes per annum at each of its plants in Ankleshwar, Patancheru and Kasna. - The Company placed before the operating agency approached by BIFR, the proposal to amalgamate with itself Pentasia Chemicals Ltd. 1995 - Pantasia Chemicals Ltd. (PCL) was merged with the Company. The assets and liabilities of the erstwhile PCL are vested with the Company with effect from 1.10.1994. - The company undertook to set up a joint venture unit for the manufacture of paints, enamels and varnishes in the Republic of Mauritius. The joint venture involves a total cost of 1,83,00,000 Mauritius Rupees of which 49% will be financed by the Company and the balance from Mauritian parties. - 199,11,110 No. of Equity shares allotted as bonus shares on 1.1.1996. Another 2,94,000 No. of Equity Shares of Rs 10 each were allotted by the Company in pursuant to the order of BIFR to PCL in prop. 1:25. 1996 - The Company proposed to set up a fifth point manufacturing plant at Ratnagiri, Maharashtra. - During 21st February, a fire broke and in the paint manufacturing block of Mumbai plant causing extensive damage to the materials stored in the block. - A joint venture company viz. Asian PPG Industries Pvt. Ltd. ws set up alongwith PPG Industries, Inc. of USA to market and/or manufacture automotive paints and certain Industrial products as may be decided upon mutually between the partners. 1998 - As at 31st March, a sum of Rs 1008 lakhs was outstanding against loans from Financial Institutions. - The new initiative to install 350 colourworlds received encouraging response and made significant contribution to performance. Three new products, NC range of wood finishes, ACE exterior emulsion and Asian wall putty were launched. - Asian Paints, the Rs.737.20 crore paints major, has launched a new marketing thrust with the introduction of a one-stop colour shop for paints complete with a software for consumers to choose and select their different shade combinations. - Asian Paints, India's No.1 Paint Company recently, launched their latest offering `Asian Paints Colour World'. - Credit Rating Information Services of India Ltd (Crisil) has assigned a `AAA' rating to the proposed non-convertible debenture (NCD) obligation of Asian Paints Ltd (APL). - Two subsidiaries of Asian Paints - Pentasia Chemicals and Pentasia Investments - have been merged with the p arent company following the approval of the Board for Industrial & Financial Reconstruction (BIFR). - Asian Paints Limited, the largest paint company in India, launched its first exclusive showroom in Mumbai. 1999 - The company has joint venture companies in the overseas market. All these ventures are doing well and have a strong hold in their respective markets. - In its first-ever acquisition overseas, Asian Paints Ltd (APL) has acquired a 76 per cent equity stake in Sri Lanka-based Delmege Forsyth & Co (Paints) Ltd. 2000 - Asian Paints has launched two variants in polyurethane (PU) wood finish under the brand name Opal. - The Company has proposed to issue bonus shares in the ratio of three shares for every five shares held. - Asian Paints has opened a manufacturing plant in oman in partnership with a local company. - Asian Pains has acquired the entire paints business of Pacific Paints Company based in Australia for over Rs 1 crore. - Asian Paints has lifted the lockout at its factory in Uttar Pradesh. The Company suspended operations at Kasna in July after the workers resorted to a "sit-in-strike". 2001 - Asian Paints has introduced Utsav Enamel for the festive season. - Asian Paints has appointed senior parnter of the solicitor firm Crawford Bailey & Co, R A Shah and Deputy Director, National Chemical Laboratory Dr Swaminathan Sivaram as directors on the company's board. - Asian Paints India Ltd has posted a marginal drop in net profit at Rs 29.62 crore for the quarter ended September 30, 2001. 2002 -Revamps its international operations, transferres shares in its subsidiaries in Fiji, Tonga, Solomon Island, Vanuata, Australia and the Sultanate of Oman to the Mauritius based subsidiary Asian Paints International -Executes agreement for purchase of 60% equity capital of SCIB Chemicals S.A.E., Egypt -Launches its $3 million joint venture with Bangladesh-based Confidence Cements in which the holds 51 per cent stake -Acquires controlling stake of 50.1 per cent in Berger International, Singapore, for Rs 58 crore, appoint Jalaj Dani as CEO 2003 -Board recommends issue of bonus shares by capitalisation of Reserves in the ratio of 1 equity share for every 2 equity shares held on the record date -Asian Paints, via its Singapore-based subsidiary - Berger International - inks a technology and brand licensing agreement with PT Abadi Coatings Solusi, an Indonesian paint company -Shareholders approve the Scheme of Arrangement proposed to be made between Pentasia Investment Ltd with Asian Paints India Ltd and the consequential reduction of share capital of Asian Paints India Ltd. -Berger International starts restructuring exercise to curtail cost -Acquires Taubmans Paints (Fiji) Ltd. through its subsidiary in Fiji, Asian Paints (South Pacific) Ltd (APSP) -Acquisition of 9.2% shares in ICI India Ltd. -Asian Paints bags Ken Sharma award 2004 -10th Asian Paints Star Screen Weekly Awards- aura of mystery -Asian Paints launches paint solutions for kids' 2005 -Berger Intl partners with Filipino firm Dutch Boy -Company has changed its name from Asian Paints (India) Ltd. to Asian Paints Ltd. 2006 -Asian Paints - APICL's new mfg plant at Baddi commences commercial production 2008 -Asian Paints launches new campaign 2009 - Asian Paints Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE - Asian Paints Ltd has appointed Shri. S Ramadorai as an Additional Director of the Company pursuant to Section 260 of the Companies Act, 1956. 2010 -Berger International Ltd Singapore (BIL), a subsidiary of Asian Paints Ltd , which is a wholly owned subsidiary of the Company -The Company's new paint plant at Rohtak in the State of Haryana has commenced commercial production -Asian Paints Signed a MOU with Maharashtra Govt. to set up a Mega Project for manufacture of Paints & Intermediate 2011 -Asian Paints to form second Joint Venture with PPG Industries. -Asian Paints - Company's subsidiary, SCIB Chemicals SAE has temporarily restarted the operations of its two plants in Egypt 2012 -Asian Paints - Production at the Company's Plant at Rohtak, Haryana has been restarted 2013 -Asian Paints completes acquisition of Sleek Group -Commencement of commercial production at new plant -Asian Paints has splits its face value from Rs 10/- to 1/- 2014 -Asian Paints Ltd Enters into binding agreement with Ess Ess 2015 -Asian Paints Ltd has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to set up a manufacturing facility for paints and intermediates Vishakhapatnam District, Andhra Pradesh 2017 - Asian Paints to expand paint manufacturing capacity in Guj - Asian Paints arm acquires Sri Lankan firm Causeway Paints - Asian Paints Ltd. - Board recommend Final & Special Dividend - Asian Paints enters into share purchase agreement with ANSA Coatings 2018 -Asian Paints was ranked 9th amongst the Top paint companies in the world by Coatings World - Top Companies Report 2018 (July 2018 Issue). 2019 - Asian Paints Ltd. - Commencement Of Commercial Production At The Company's Vishakhapatnam Plant. -Asian Paints was ranked 9th amongst the Top paint companies in the world by Coatings World - Top Companies Report 2019 (July 2019 Issue). -Included in the Forbes List of World's Best Regarded Companies (Sept 2019). Second Consecutive appearance for Asian Paints in the coveted list 2020 -Asian Paints approved the Scheme of amalgamation of Reno Chemicals Pharmaceuticals & Cosmetics Private Limited ( Transferor Company ), wholly owned subsidiary of the Company with Asian Paints Limited. 2021 Asian Paints has signed a Memorandum of Understanding with the Government of Gujarat, commencing the proposed expansion of manufacturing capacity of paint from 130,000 KL to 250,000 KL and resins and emulsions from 32000 MT to 85000M. 2022 - Asian Paints entered into Share Purchase Agreements and other definitive documents with Aapex Power and Industries Private Ltd. and Harind Chemicals & Pharmaceuticals Private Ltd. for acquisition of majority stake in Harind over the period of next 5 (five) years 2023 -The original installed production capacity of the Khandala plant has been increased to 4,00,000 KL per annum in order to meet the medium-term capacity requirements of the Company.

1945 - The Company was incorporated as a private limited company under the name of Asian Oil and Paint Company Pvt. Ltd. It was converted into a public limited company in 1973. The Company manufacture a wide range of surface coatings catering to different end-uses. It also manufactures vinyl pyridine latex used in the manufacture of rubber tyres. - The company expanded its products range, developed its own technology, set up a distribution network penetrating in smaller towns and ploughed back a large part of earnings into creation of new facilities. 1965 - The name was changed from Asian Oil and Paint Company Pvt. Ltd. to Asian Paints (India) Pvt. Ltd. 1974 - A major modernisation programme was undertaken to streamline the paint production facilities by improving the layout of machines, addition to balancing equipment and replacement of old machinery. The Company embarked on phased modernisation of resin manufacturing facilities as well. - The Bhandup plant of the Company is reportedly the largest single paint factory in the country and one of the most up-to-date with sophisticated machinery and equipment for manufacturing a wide range of paints and other products besides adequate resin manufacturing capacity to meet its entire requirements. 1975 - Bonus Equity shares issued in the prop. 1:2 in 1961, 1:3 in 1962, 1:1 in 1966, 1:2 in 1969, 2:3 in 1971 and 1:2 in 1975. 1978 - 1,00,000 Bonus Equity shares issued in the prop. 2:3. 1980 - 50,000 unclassified shares classified as prefernece shares and issued. They are redeemable during the period 30.6.1987/1990. 1982 - The main objects of the public issue of capital during August, were to fulfill the listing requirements of the Stock Exchange and to provide part of the finance for the increased operations. 1983 - Equity shares subdivided. 10,00,000 Bonus shares issued in prop. 2:5, 16,85,185 No. of Equity shares issued (prem. Rs 13 per share) through prospectus in August 1982. Out of these, 84,259 shares and 33,704 shares were reserved for preferential allotment to the employees and to the business associates of the company respectively. 15,67,222 shares offered to the public of which 4,21,296 shares were offered to NRIs on repatriation basis. 1985 - The Company undertook to set up a third paint unit at Patancheru, a notified backward area near Hyderabad, for the manufacture of 15,000 MT of paints and enamels. - A letter of Intent was obtained for setting up a fourth paint plant in Uttar Pradesh with a capacity of 23,000 tonnes per annum of paints, varnishes and enamels and 65,000 tonnes per annum of synthetic resins (for captive consumption). - The Company entered into a collaboration agreement with Nippon Paints Co. Ltd., Japan, to obtain technical know-how to manufacture powder coating and coil coatings under an exclusive licence. Necessary manufacturing facilities for the powder coatings with a capacity of 300 MT were installed and commissioned at Kasna plant during 1992-93. - 31,11,111 Bonus equity shares issued in prop. 3:5. 1987 - The Company commissioned a plant for the manufacture of synthetic rubbers lattices with a capacity of 1,200 tonnes per annum. The Company received a letter of intent to manufacture 9,000 tonnes of phthalic anhydride. The project would be based on imported Van Heyden low energy process technology with engineering package from Davy McKee of Cologne, West Germany. The project was commissioned in March 1990. But, a fire accident in the succeeding month damaged a storage tank, nearby pipes and support structures. The plant was repaired and restarted only in August 1990. - The Company jointly with Tamil Nadu Industrial Development Corporation (TIDCO) promoted a joint sector Company under the name Pentasia Chemicals Ltd. (PCL), for the manufacture of 3,000 TPA of pentaerythritol and 1,800 TPA of sodium formate. The project commissioned in March. - 41,48,148 Bonus equity shares issued in prop. 1:2. 1988 - The Company issued 9,00,000 - 14% secured non-convertible debentures of Rs 100 each to ICICI, UTI, LIC, GIC, NIC, New India Assurance Company Ltd., Oriental Insurance Co., Ltd and United India Insurance Co., Ltd. on private placement basis. These debentures are redeemable in five equal instalments on the expiry of 5th, 6th, 7th, 8th and 9th year from the date of allotment at a premium of Rs 5 per debenture. 1989 - A scheme of arrangement was finalised for vesting of the assets and liabilities of the Company's Apcotex division with Apcotex Lattices Ltd. (ALL). As per the scheme of arrangement, one equity share of Rs 10 each of ALL was allotted without payment in cash to the shareholders of Asian Paints (India) Ltd., for every 13 equity shares held by them in the company, i.e., Asian Paints (India) Ltd. - The first phase of the project with an initial installed capacity of 16,000 tonnes per annum was commissioned during the year. 1990 - Asian Paints (South Pacific) Ltd., in Fiji and Asian Paints (Tonga) Ltd., are two joint venture set up abroad with the Company supplying the necessary know-how. Both these are the Company's subsidiaries and the equity participation by the Company amounted to 51% in the former and 25% in the latter as at 31st December. Asian Paints (South Pacific) Ltd., holds an additional 25% in the equity capital of Asian Paints (Tonga) Ltd. - The Company also set up two more joint ventures under the names and styles of Asian Paints (Nepal) Pvt. Ltd., and Asian Paints (S.I.) Ltd., both of which are subsidiaries of the Company. - The Company had set up a joint venture unit Asian Paints (Vanuatu) Ltd., for the manufacture of paints and enamels in the Pacific Island of Vanuatu. The Vanuatu company had issued 54,000 ordinary shares of US $1 each to the Company as fully paid-up shares against the plant and machinery supplied. 1991 - Pentasia Chemicals Ltd., became a subsidiary of the Company. Pentasia Investments Ltd., is a subsidiary of the Company. - The Company acquired 19,10,000 equity share of Rs 10 each in the share capital of Pentasia Chemicals Ltd., from TIDCO in May. Consequently, PCL became a subsidiary of the Company. - The Company issued 5,00,000 - 17.5% secured non-convertible redeemable debentures of Rs 100 each aggregating to Rs 500 lakhs to Unit Trust of India on private placement basis. These debentures are redeemable in three equal instalments on the expiry of 6th, 7th and 8th years from the date of allotment at a premium of Rs 5 per debenture. 1992 - 74,66,666 Bonus equity shares issued in prop. 3:5. 1993 - Sales of phthalic division was lower due to planned shutdown of the plant for 25 days and also due to lower selling prices. - The Company undertook to set up a joint venture unit along with its overseas subsidiaries, in Queensland, Australia for manufacture of paints, enamels and varnishes. The Company was to invest a $2,00,000 in the share capital of Asian Paints (Queensland) Pvt. Ltd. a joint stock company, Australia. 1994 - The Company proposed to expand its existing capacities for the manufacture of paints and enamels to 50,000 tonnes per annum at each of its plants in Ankleshwar, Patancheru and Kasna. - The Company placed before the operating agency approached by BIFR, the proposal to amalgamate with itself Pentasia Chemicals Ltd. 1995 - Pantasia Chemicals Ltd. (PCL) was merged with the Company. The assets and liabilities of the erstwhile PCL are vested with the Company with effect from 1.10.1994. - The company undertook to set up a joint venture unit for the manufacture of paints, enamels and varnishes in the Republic of Mauritius. The joint venture involves a total cost of 1,83,00,000 Mauritius Rupees of which 49% will be financed by the Company and the balance from Mauritian parties. - 199,11,110 No. of Equity shares allotted as bonus shares on 1.1.1996. Another 2,94,000 No. of Equity Shares of Rs 10 each were allotted by the Company in pursuant to the order of BIFR to PCL in prop. 1:25. 1996 - The Company proposed to set up a fifth point manufacturing plant at Ratnagiri, Maharashtra. - During 21st February, a fire broke and in the paint manufacturing block of Mumbai plant causing extensive damage to the materials stored in the block. - A joint venture company viz. Asian PPG Industries Pvt. Ltd. ws set up alongwith PPG Industries, Inc. of USA to market and/or manufacture automotive paints and certain Industrial products as may be decided upon mutually between the partners. 1998 - As at 31st March, a sum of Rs 1008 lakhs was outstanding against loans from Financial Institutions. - The new initiative to install 350 colourworlds received encouraging response and made significant contribution to performance. Three new products, NC range of wood finishes, ACE exterior emulsion and Asian wall putty were launched. - Asian Paints, the Rs.737.20 crore paints major, has launched a new marketing thrust with the introduction of a one-stop colour shop for paints complete with a software for consumers to choose and select their different shade combinations. - Asian Paints, India's No.1 Paint Company recently, launched their latest offering `Asian Paints Colour World'. - Credit Rating Information Services of India Ltd (Crisil) has assigned a `AAA' rating to the proposed non-convertible debenture (NCD) obligation of Asian Paints Ltd (APL). - Two subsidiaries of Asian Paints - Pentasia Chemicals and Pentasia Investments - have been merged with the p arent company following the approval of the Board for Industrial & Financial Reconstruction (BIFR). - Asian Paints Limited, the largest paint company in India, launched its first exclusive showroom in Mumbai. 1999 - The company has joint venture companies in the overseas market. All these ventures are doing well and have a strong hold in their respective markets. - In its first-ever acquisition overseas, Asian Paints Ltd (APL) has acquired a 76 per cent equity stake in Sri Lanka-based Delmege Forsyth & Co (Paints) Ltd. 2000 - Asian Paints has launched two variants in polyurethane (PU) wood finish under the brand name Opal. - The Company has proposed to issue bonus shares in the ratio of three shares for every five shares held. - Asian Paints has opened a manufacturing plant in oman in partnership with a local company. - Asian Pains has acquired the entire paints business of Pacific Paints Company based in Australia for over Rs 1 crore. - Asian Paints has lifted the lockout at its factory in Uttar Pradesh. The Company suspended operations at Kasna in July after the workers resorted to a "sit-in-strike". 2001 - Asian Paints has introduced Utsav Enamel for the festive season. - Asian Paints has appointed senior parnter of the solicitor firm Crawford Bailey & Co, R A Shah and Deputy Director, National Chemical Laboratory Dr Swaminathan Sivaram as directors on the company's board. - Asian Paints India Ltd has posted a marginal drop in net profit at Rs 29.62 crore for the quarter ended September 30, 2001. 2002 -Revamps its international operations, transferres shares in its subsidiaries in Fiji, Tonga, Solomon Island, Vanuata, Australia and the Sultanate of Oman to the Mauritius based subsidiary Asian Paints International -Executes agreement for purchase of 60% equity capital of SCIB Chemicals S.A.E., Egypt -Launches its $3 million joint venture with Bangladesh-based Confidence Cements in which the holds 51 per cent stake -Acquires controlling stake of 50.1 per cent in Berger International, Singapore, for Rs 58 crore, appoint Jalaj Dani as CEO 2003 -Board recommends issue of bonus shares by capitalisation of Reserves in the ratio of 1 equity share for every 2 equity shares held on the record date -Asian Paints, via its Singapore-based subsidiary - Berger International - inks a technology and brand licensing agreement with PT Abadi Coatings Solusi, an Indonesian paint company -Shareholders approve the Scheme of Arrangement proposed to be made between Pentasia Investment Ltd with Asian Paints India Ltd and the consequential reduction of share capital of Asian Paints India Ltd. -Berger International starts restructuring exercise to curtail cost -Acquires Taubmans Paints (Fiji) Ltd. through its subsidiary in Fiji, Asian Paints (South Pacific) Ltd (APSP) -Acquisition of 9.2% shares in ICI India Ltd. -Asian Paints bags Ken Sharma award 2004 -10th Asian Paints Star Screen Weekly Awards- aura of mystery -Asian Paints launches paint solutions for kids' 2005 -Berger Intl partners with Filipino firm Dutch Boy -Company has changed its name from Asian Paints (India) Ltd. to Asian Paints Ltd. 2006 -Asian Paints - APICL's new mfg plant at Baddi commences commercial production 2008 -Asian Paints launches new campaign 2009 - Asian Paints Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE - Asian Paints Ltd has appointed Shri. S Ramadorai as an Additional Director of the Company pursuant to Section 260 of the Companies Act, 1956. 2010 -Berger International Ltd Singapore (BIL), a subsidiary of Asian Paints Ltd , which is a wholly owned subsidiary of the Company -The Company's new paint plant at Rohtak in the State of Haryana has commenced commercial production -Asian Paints Signed a MOU with Maharashtra Govt. to set up a Mega Project for manufacture of Paints & Intermediate 2011 -Asian Paints to form second Joint Venture with PPG Industries. -Asian Paints - Company's subsidiary, SCIB Chemicals SAE has temporarily restarted the operations of its two plants in Egypt 2012 -Asian Paints - Production at the Company's Plant at Rohtak, Haryana has been restarted 2013 -Asian Paints completes acquisition of Sleek Group -Commencement of commercial production at new plant -Asian Paints has splits its face value from Rs 10/- to 1/- 2014 -Asian Paints Ltd Enters into binding agreement with Ess Ess 2015 -Asian Paints Ltd has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to set up a manufacturing facility for paints and intermediates Vishakhapatnam District, Andhra Pradesh 2017 - Asian Paints to expand paint manufacturing capacity in Guj - Asian Paints arm acquires Sri Lankan firm Causeway Paints - Asian Paints Ltd. - Board recommend Final & Special Dividend - Asian Paints enters into share purchase agreement with ANSA Coatings 2018 -Asian Paints was ranked 9th amongst the Top paint companies in the world by Coatings World - Top Companies Report 2018 (July 2018 Issue). 2019 - Asian Paints Ltd. - Commencement Of Commercial Production At The Company's Vishakhapatnam Plant. -Asian Paints was ranked 9th amongst the Top paint companies in the world by Coatings World - Top Companies Report 2019 (July 2019 Issue). -Included in the Forbes List of World's Best Regarded Companies (Sept 2019). Second Consecutive appearance for Asian Paints in the coveted list 2020 -Asian Paints approved the Scheme of amalgamation of Reno Chemicals Pharmaceuticals & Cosmetics Private Limited ( Transferor Company ), wholly owned subsidiary of the Company with Asian Paints Limited. 2021 Asian Paints has signed a Memorandum of Understanding with the Government of Gujarat, commencing the proposed expansion of manufacturing capacity of paint from 130,000 KL to 250,000 KL and resins and emulsions from 32000 MT to 85000M. 2022 - Asian Paints entered into Share Purchase Agreements and other definitive documents with Aapex Power and Industries Private Ltd. and Harind Chemicals & Pharmaceuticals Private Ltd. for acquisition of majority stake in Harind over the period of next 5 (five) years 2023 -The original installed production capacity of the Khandala plant has been increased to 4,00,000 KL per annum in order to meet the medium-term capacity requirements of the Company.

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Parent Organisation

Asian Paints Ltd.

Founded

24/10/1945

Managing Director

Mr.Amit Syngle

NSE Symbol

ASIANPAINTEQ

FAQ

The current price of Asian Paints Ltd is ₹ 2231.30.

The 52-week high for Asian Paints Ltd is ₹ 2257.20 and the 52-week low is ₹ 2222.50.

The market capitalization of Asian Paints Ltd is currently ₹ 214025.80. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

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The CEO of Asian Paints Ltd is Mr.Amit Syngle, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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