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With this buyout of 1,60,400 equity shares, Asian Paints now owns 100% of White Teak, making it a wholly owned subsidiary of ...
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Capital Market on MSNStock Alert: Waaree Enegies, Asian Panits, Rattanindia Ent, BHEL, Prestige EstatesWaaree Energies said that its wholly owned subsidiary, Waaree Solar Americas received an order for supply 540 MW modules from ...
India’s largest paint manufacturer, Asian Paints, announced on Friday June 27 that it has acquired the remaining 40 per cent ...
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Capital Market on MSNAsian Paints acquires 40% stake in White TeakThe acquisition of the remaining stake in White Teak would be a next step forward in the company's foray of being a complete ...
The acquisition was announced post-market hours, and the shares will be in focus on Monday. Asian Paints shares on Friday ...
In FY 2020-21 White Teak's turnover was at Rs 37.66 crore. Asian Paints said it will acquire a majority 51 per cent stake in Weatherseal Fenestration, a company engaged in the business of interior ...
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Additionally, the company has paid an earn out amount of Rs 59.5 crores to White Teak on basis of the terms of the Definitive Documents. Asian Paint acquired 49% stake in White Teak.
White Teak had a turnover of 108.5 crores in the fiscal year 2023. As of March 31, 2023, its net worth was 24.6 crores. Shares of Asian Paints ended 1.5% higher at ₹ 3,297.7 apiece on the NSE.
In FY 2020-21 White Teak's turnover was at Rs 37.66 crore. Asian Paints said it will acquire a majority 51 per cent stake in Weatherseal Fenestration, ...
The stake was purchased from the company’s promoters, Pawan Mehta and Gagan Mehta. With this acquisition of 1,60,400 equity ...
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