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Asian Paints Extends Joint Venture with PPG Group for 15 Years

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Asian Paints Extends Joint Venture with PPG Group for 15 Years

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Asian Paints Ltd. ( (IN:ASIANPAINT) ) has issued an update.

Asian Paints Ltd. has announced the extension of its joint venture agreements with the PPG Group, USA, for an additional 15 years. This renewal allows the joint ventures, PPG Asian Paints Private Limited and Asian Paints PPG Private Limited, to continue serving various sectors with advanced coating solutions. The extension does not alter the management or control of the companies, ensuring stability for stakeholders.

More about Asian Paints Ltd.

Asian Paints Ltd. is a prominent company in the paint industry, known for its wide range of products including industrial, protective, marine, packaging, automotive, and powder coatings. The company focuses on providing industry-leading solutions to its customers.

Average Trading Volume: 53,978

Technical Sentiment Signal: Hold

Current Market Cap: 2330.3B INR

For a thorough assessment of ASIANPAINT stock, go to TipRanks’ Stock Analysis page.

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